When you request a quote for an insurance policy, do you strip down all your coverages until it’s as cheap as it gets? Well, you get what you pay for.
Having good coverage may not seem important—until you get into a car accident.
There are many factors to consider when purchasing your insurance. Here’s why it should be value over price when it comes to insurance.
Specifically addressing automobile insurance, you need plenty of coverage because the driver who hits you may be uninsured, or underinsured. If you do not have the additional coverage to protect your assets and your injuries, those bills will come out of pocket. In the case that the other party is injured, and you are without enough bodily injury coverage, they could hire an attorney. Assuming their medical expenses exceed your coverage, it’s possible your valuable assets will be targeted. It’s also important to protect the possibility of your own injury and the expenses that follow in the case of an accident. You don’t want to spend months, years, or decades in pain because you could not pay to get treated for your injuries. Nor do you want to spend decades of your life in debt while you’re paying off restitution.
Do you have questions about your insurance? Find an insurance agent near you with our Agent Finder
Search for a local agent with our agent finder map.
Read more about KayLynn's background.
Decreasing Term Life Insurance
Life Insurance for College
3 Unique Ways to Use Life Insurance as a Gift
What You Need to Know About Life Insurance
Life Insurance: A Powerful Tool for Creating a Legacy
Life Insurance Excuses: Are You Making One of These?
Additional Death Benefits You May Qualify For Beyond Life Insurance
Exploring Life Insurance Options: The Benefits of Term Life Coverage
What is Double Indemnity in Life Insurance?
A Guide to Pre-Planning Funerals: Answers to Your Questions