Auto Insurance Rates

Part of getting the right protection is to eliminate the coverage that you don't need. A comprehensive health plan often duplicate the medical coverage in an auto insurance policy. And to keep your auto insurance rates low, you can either eliminate this coverage, if state law permits, or keep some as protection for your passengers.

Another possible way to save on your auto insurance rates is with collision and comprehensive coverage. Your deductible should be a minimum of $500 and if your car is old and not worth much, you can drop the coverage. Usually, if the annual cost of this protection is more than one-tenth the value of your car, you can eliminate it.

If a driver with little or no insurance causes an accident with you, uninsured or underinsured driver protection will pay your bills. When you compare auto insurance rates, it's recommended you ask for at least $50,000 of this coverage.

If you're in an accident with another driver and you're at fault, property liability pays for any property damage you cause including the other driver's car. The suggested minimum amount for adequate protection is $50,000. For treating the other driver's injuries and paying your legal bills if sued, there's bodily liability. This coverage is vital and your quotes for auto insurance rates should have a minimum of $100,000 worth of this protection.