Most of us just want to save money when it comes to paying bills including our car insurance. There are ways to reduce your insurance cost by lowering limits and subtracting optional coverages.
Before you start doing that, you will need to ask yourself some questions.
- Do I carry enough coverage on my policy to cover myself and other people if I was involved in an accident with someone who had a high-valued vehicle?
- Would I want to pay out of pocket for a rental car if I was involved in an accident?
- Would I want to pay out of pocket for that $100 tow bill?
- Would I want to make sure I had coverage for my own vehicle if someone damaged it and didn’t have enough insurance to cover it?
These are just a few things to think about when you are reviewing your auto policy. A lot of coverages are optional, and you have many choices. The best way to figure out what coverages are applicable to you is to sit down with an insurance professional and review your auto policy. They will be able to determine your needs and pair you with coverages that fit your budget. If you would like to know more about doing an insurance review, give us a call at 304-292-9645.