Cheap Insurance: You Get What You Pay For

Blue Mazda sportscar is shown with the front end damaged from an accident.
Image by Rhonda Jenkins from Pixabay

We get it. You want cheap car insurance. However, it’s like the old adage says, “You get what you pay for.” And that’s why we shop the market for you to find the best match of price and coverage.

There are also some other important reasons to not just go with the cheapest auto insurance coverage you can find, especially if you have to file a claim.

  • Was your vehicle in a serious accident? Liability coverage for cheap policies can range from anywhere between $10,000 and $30,000 per incident. That amount of money can be used up rather quickly if someone involved in the accident requires costly medical treatments.
  • If you have liability-only coverage, your insurance provider covers the damage to other drivers, property, passengers, or vehicles. It doesn’t cover the cost to repair your car or the medical bills if you’re injured.
  • Do you really love your car? If you have cheap insurance coverage and you get into an accident, you and your car may be on a break for a while. Policies that don’t cover repairs are cheaper up front, but when you have to figure out how to pay for the repairs out of pocket, you might just go without a car until you can get enough cash to cover the fixes.
  • One strategy used to lower premiums is to go with a higher deductible. The downside of this is that if you’re in an accident, you’ll be out more cash upfront because there is a higher threshold to meet before the insurance kicks in.

If you have questions about your insurance, or want to see what an independent insurance agent can do for you to get you the coverage you need AND fair rates, contact us. We’re here to help!

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