Question:

how much auto insurance coverage do i need

by revenue expert  |  8 years, 6 month(s) ago

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how much auto insurance coverage do i need?

how much auto insurance coverage is adequate? The amount of auto insurance coverage you need depends on a variety of factors. Some factors you should consider when you buy auto insurance coverage include:

Your appetite for risk— If you don't like taking risks, your auto insurance coverage should reflect that with high coverage limits and low auto insurance deductibles.

Risks associated with where you live— Do you live among wildlife, or are fender benders a common occurrence where you live? If so, beef up on your coverage.

Your vehicle— If you have a brand new vehicle, you may want to increase your auto insurance coverage to protect your investment in the event you're involved in an accident.

Your assets—The more assets you have, the more auto insurance coverage you need to protect them.

Your passengers— Do you regularly have young passengers in your vehicle? If so, get auto insurance coverage to protect them should you be involved in an accident.

 Tags: auto, COVERAGE, insurance

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7 ANSWERS

  1. Sanober Kabeer

    Hey it depends on the companies you opt for your car insurance. Some companies offers you 35% premium on post accident whereas some offers less then that. I would recommend you to prefer buying Car Insurance from Reliance General as they offer cashless claims and also covers your car against accidents, theft, natural calamities etc.

    For more info visit : http://www.reliancegeneral.co.in/insurance/motor-insurance/private-car/features.aspx
     

  2. Guest27698420

    There is no formula for how much car insurance you truly need. But car insurance is mandatory by the law. If you use your vehicle for business you'll need to protect both your business and personal assets. I would suggest you to make sure you are covered for an amount equal to the total value of your assets. http://www.mahindrafirstchoice.com/insurance.aspx
     

  3. johnvictoramw

    In auto insurance you have to check out the smount of your asset or vehicle first on the basis of tha your auto insurance is depend, means on the basis of that only you can decied how much auto insurance is required for your vehicle.you can check out a lot of differnt insurance on http://buyonline.aegonreligare.com/default.asp and get the best one for you this is the best insurance company....
     

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  6. rajaninsc

     Insurance is a collection of different policies it covers a lot of different policies....http://www.berkshireinsurance.com/
     

  7. Monish

    Your auto insurance is a collection of different policies that cover you in different ways. Just buy the required minimum. For more please visit http://buyonline.aegonreligare.com/default.asp
     

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Sanober Kabeer

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