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Used Car Insurance
By By Mary Beim
Every state requires that drivers carry liability insurance. The liability coverage section of an insurance policy provides financial protection from liability claims against you when you (or certain other people) cause an accident that results in bodily injuries to other people and/or damage to their property. Every state has mandatory minimum levels of coverage in this area. The rationale behind such laws is that at-fault drivers should be able to compensate victims who suffer accident-related losses. But the required minimums in most states don't even come close to covering the costs of a serious accident. Consequently, if you wish to be adequately protected from liability claims, your liability coverage should probably exceed your state's requirements. Other coverages are required in some states and optional in others. Medical payments coverage and uninsured/underinsured motorist coverage are two such coverages. Medical payments coverage covers medical expenses incurred by you, your family members, and your non-family passengers. Uninsured/underinsured motorist coverage covers losses you and others suffer as a result of an accident caused by a driver who either has no insurance or insufficient insurance. If buying these coverages is optional in your state, base your decision on your needs, circumstances, and other factors. Consult your insurance agent for more information. Collision and comprehensive insurance is optional in virtually every state. The collision and comprehensive section of your policy covers physical damage to your own vehicle resulting from collisions and a variety of other causes (e.g., fire, falling objects). It may also cover losses associated with theft. However, your car's value plays a big part in assessing your need for this type of coverage. It may not be cost-effective if your vehicle is worth less than $1,000 because
USAA Review: Claimant review
Reviewed by Elizabeth Mccune from San Diego on August 19, 2010. Recommend: Yes.
Progressive Review: Worst Insurance worse people
Reviewed by Vic from Dallas TX on August 18, 2010. Recommend: No.
Allstate Review: Your Not in good hands
Reviewed by long time insured from torrance, california on August 15, 2010. Recommend: No.
MetLife Review: Metlife = Who cares about your life
Reviewed by M.M. from Montgomery, AL on August 9, 2010. Recommend: No.
Esurance Review: The worst car insurance company ever.
Reviewed by Susuba from East Brunswick NJ on August 6, 2010. Recommend: No.
Grange Insurance Review: Rude, Deceitful, and Stereotyping
Reviewed by Intelligent "Kid" from USA on July 14, 2010. Recommend: No.
Progressive Review: Can't belive this!
Reviewed by James1605 from San Antonio TX on May 27, 2010. Recommend: No.
Progressive Review: PROGRESSIVE IS RIDICULAS
Reviewed by ash from Portland oregon on May 26, 2010. Recommend: No.
Allstate Review: The Worst at Handling Claims
Reviewed by Keep Your "Good Hands" Out of My Pocket from Des Moines, IA on May 20, 2010. Recommend: No.
The Hartford Review: the hartford
Reviewed by nothappywithhartford from new york on April 29, 2010. Recommend: No.
Liberty Mutual Review: Cost is to high
Reviewed by Kwiet from Phila, PA 19140 on April 25, 2010. Recommend: No.
Erie Insurance Review: Misled by Erie Insurance
Reviewed by Screwed.By.Erie from Illinois on February 12, 2010. Recommend: No.
Nationwide Review: Nationwide falsely reported my claim.
Reviewed by exNationwideCustomer from Pennsylvania on February 11, 2010. Recommend: No.
Progressive Review: 180 dollars a month
Reviewed by Tammy from st petersburg, fl on February 7, 2010. Recommend: No.
State Farm Review: Nicole DellaPorta
Reviewed by WOOD0905 from Saratoga Springs, NY on January 16, 2010. Recommend: Yes.
you'll have to satisfy a deductible, and the most you'll receive (even if your car is totaled) will be its actual value (i.e., after depreciation). That's not much, especially taking into account the premiums you would have been paying for coverage. Mary works in US for a media company, occasionally writing for the biggest car insurance news portal, and drinking too much coffee.
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