We all know that auto insurance is a must.

Especially for those unexpected occasions! And purchasing a great car insurance policy is just as important as owning a car.

However, it is essential to purchase the right kind of auto insurance so as to avoid any financial burden in case of an accident or a mishap.

Listed below are 3 common mistakes committed by consumers while purchasing car insurance.

1. – Choosing your limits based on the minimums your state requires rather than the type of vehicle you drive...

Of course it’s important to be legal — companies won’t sell you car insurance below state minimum requirements, but choosing just those minimums may leave you with the risk of large out-of-pocket expenses if you ever have to use your insurance for a claim. If you drive a mid-size SUV and you hit another vehicle, the damage could be extensive. If the state only requires a $10,000 minimum for property damage and you cause $15,000 in damage to a Mercedes, guess who’s responsible for the remaining $5,000?

That’s right – You are! Not your insurance company.

So when you choose your insurance limits, think about the size of your vehicle and how much damage you could cause with it. If you’re not able to pay large chunks of money out of pocket, you might want to choose higher limits.

2. – Having low deductibles…

This is the biggest mistake committed by an insuree. Lower insurance deductible means the insurance company needs to pay a higher amount in case of any damage. Since the risk is more, insurance premiums will be high.

One way of reducing insurance cost and getting good insurance coverage is to get a quote with higher deductibles.

3. – Not being up-front about your driving history…

If you don’t disclose tickets, accidents or other moving violations during a quote, your rate may not be accurate. So, while the price may be enticing at first, you may be in for a surprise when you actually purchase the policy. Insurance companies will find out about driving histories because they check your driving records, and they’ll adjust the price of your policy accordingly. So it really is to your advantage to tell your agent about your driving history, up-front, to get a more accurate rate.

For more information about Automobile Insurance just simply pick up the phone and call Pamela at 1(845)225-3009, or fill out the form on the Contact Us page.

Kind regards,
Pamela