Buying liability insurance is required by law and the failure to maintain insurance can have devastating legal consequences. However, while you can meet the bare minimum required for auto insurance coverage, it’s important to purchase more insurance so you will have peace of mind.
Don’t Purchase Too Little Insurance
You can save money by purchasing less insurance, but this might backfire. A car accident can be very expensive, and your coverage will only pay for the damages you are liable for up to the policy limit.…
Even if you’re just renting your home or apartment, you still need insurance. Your landlord has insurance on the property too, but it doesn’t cover your belongings or injuries to your guests. Here’s a look at why having these two types of coverage is so important and why you need renters insurance.
1. Renters Insurance Protects You Against Injury Claims
Since you live in your rented house or apartment, you’re responsible for keeping it safe.…
Patiently shopping around for car insurance ensures you get better coverage, insurance terms and helps you save money. As you interact with car insurance agents from different companies, here are four questions to ask.
Which Is the Right Coverage?
There are different types of car insurance coverages you can get. Depending on your state, each state has set requirements for a specific amount of coverage that each driver should have.…
