ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

The Truth About What You Need For Auto Insurance Coverage

Updated on June 28, 2015

Are you paying too much or too little for car insurance? Read and find out!

I am an insurance agent and I deal with people every single day. I would say almost a whopping 80 percent of people don't know how much coverage they have for insurance, nor do they know what they should have, or why they should have it. It's quite simple really- just a few questions and answers and you should be able to come up with coverage you need at a price you can afford.

How Did You Come Up With Your Current Coverage?

Whenever you get a moment, take a look at your auto insurance policy.

Depending on what state you live in, you will have various coverage to look at and choose from. The main coverage you need to worry about are:

  1. What is your Bodily Injury coverage? It should look like this: 100/300 or maybe 50/100
  2. What is your property damage coverage? It should be one amount, like 25, 50, 100, etc.
  3. What is your UIM or uninsured motorist coverage? It should be the same as your Bodily Injury Coverage.
  4. Do you have full coverage on your vehicles? In other words, do you have deductibles you would pay if something happens to your vehicle and you need to get it fixed?
  5. Is your car worth having full coverage on? Are you paying a fortune to have full coverage on a car that is worth nothing?
  6. Do you have roadside assistance and rental car coverage if you need it?


Are Your Kids Covered?

What you need, in a nutshell

if you rent your home and you do not have a lot of assets, you do NOT need large coverage on your bodily injury. Remember- you can only be sued for what you own. For example, someone who owns a half million dollar home may want to be insured at 250/500, which means in the event that person causes an at-fault accident with bodily injury, the insurance company will protect their asset. If you're a renter and you have nothing in your checking account and don't make much money, don't just pick up where your parents left off. Call an insurance agent and tell them your situation. You can save a lot of money because the truth is, if you cause an accident you have nothing to sue for- and you can't sue a person for something they don't own. Insurance agents will know the correct coverage you should have.

You also want to make sure to have full coverage if you need it, or just liability insurance if you don't.

You should always know what's on a copy of your Motor Vehicle Record so there are no surprises. The tickets and accidents will remain on your record for three years. In California it's seven years. Once a ticket or accident falls off your record, make sure to call your insurance company and tell them to lower your premium. Several will keep charging you the higher premium- it happens all the time.

Parents Keep Your Toys To Yourselves

Did you get a moving violation? Look into your options!

If you have received a speeding ticket or any sort of moving violation, you may have other options than to just pay the ticket. Several states will allow you to go to the courthouse in their area and pay the ticket double, so that it stays off your record as a non moving violation. This might seem like a lot of money to pay up front, but it's worth it for the next three years. It never hurts to ask if you can get the ticket changed to a non moving violation. Another way to ask to get a ticket removed is to go to court and ask to have the ticket remanded. You will have to ask for a continuance to talk to the prosecutors. The continuance will likely be 3-4 weeks and you simply talk to the prosecutor and then see the judge. In most cases the judges will sign off on what the prosecutors recommend. If you don't have the money to pay your ticket, you can also do a 'diversion' program which will allow you to take classes or to do public service to have your ticket taken off your record.

**Do not blow off paying the ticket for any reason- this may result in a warrant for your arrest. There is no need to get a lawyer for simple moving violations. However, violations like 'Driving While Under the Influence' and other Major Convictions do require attorneys- but I am not discussing those violations.

Be a Safe Driver and Try to Avoid Wrecks Like These

Do You Know Your Car Insurance Coverage?

Do You Know What Coverage You Have with Your Auto Insurance?

See results

Feel Free to Comment or Ask Questions

I am a licensed insurance agents in 44 states and 2 territories, so if you have questions feel free to ask them and I will answer them as best I can! Thanks for reading!

Comments

    0 of 8192 characters used
    Post Comment

    No comments yet.

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)