If you own car you may think your car insurance policy has everything covered. If you research your policy, however, you may find you do not have as much coverage as you think. To help you determine this, below are two policies you should consider adding to your car insurance.
Uninsured or Under Insured Coverage
At least liability car insurance is required in most states. For states that do not require car insurance, the uninsured must show they can afford to pay for damages of another car, such as submitted a surety bond to their insurance company or the uninsured can make a cash deposit to the state. Even though this is true there are still drivers out there that drive with no insurance and no way to pay for damages.
Uninsured or under insurance policy will cover damages that result from a car accident with someone that is uninsured or under insured. The under insured driver's insurance company will cover part of the damages, however, but will not cover much of the damage.
You do have to consider how much coverage to purchase. This is because the more the coverage the higher the premiums would be. Think about how much money you could afford out of pocket. If you do not have enough out of pocket money the policy should be high enough to cover the value of your car.
Comprehensive Insurance Coverage
Comprehensive insurance coverage will cover any items you have inside your car that you lose in many instances, such as if your car is stolen, vandalized, or damaged due to a natural disaster, such as a hail storm, tornado, fire, and falling objects. It would also cover damage if you hit an animal while driving, such as a deer, of if someone around your car damages it, such as if there is a large fight and someone and causes damage.
This insurance can save you a lot of money if you carry expensive items in your vehicle, such as an expensive GPS system, laptop, tablet, etc. If you have an expensive car, such as a sports care or luxury car, a thief may think you have expensive items even though they may not see them.
Talk with your auto insurance agent about these policies to lean much more about them. Your agent can also go over other policies you may want to consider. You can then feel less stress knowing everything is covered.
