Having an insurance plan is an essential part of being a responsible driver. You have to be your own advocate, and having auto liability insurance coverage protects you when accidents strike. The advantages of having auto liability insurance coverage are endless; but in this article we’ll highlight three that are sure to convince even the most skeptical motorists of its value.
Coverage You Can Count On
A majority of states require drivers to carry some form of liability insurance, but when you’re new to the world of insurance plans, comparing auto insurance policies feels like a mug’s game. Many coverage plans make promises that sound like they could work for you in any given situation. But with each language tweak per plan, you worry that by choosing one, you’ll be losing out on a feature that could be part of another great insurance plan. Don’t fret though. Auto liability insurance coverage ensures your monetary interests by covering both the property damage and bodily injury you caused in the accident. What does this mean? Auto liability insurance pays for any injuries sustained to others in a collision you caused, and pays for any damage you caused to their property, in most cases their vehicle.
We don’t all have the luxury of driving a high-end vehicle, so why should our car insurance payments cost an arm and a leg? If you drive a gas guzzling older vehicle (10 years or older) with high mileage, you might already be pressing your luck. No insurance company wants to pay the damages on a car that was already past its prime prior to an accident. If your car is declared totaled after an accident by your insurance representative, the high monthly insurance payments you were making to protect your vehicle clearly made no difference. You wouldn’t pay for a product that doesn’t deliver value, so why pay for auto insurance that doesn’t protect you in your hour of need? With auto liability insurance coverage, you pay for service, not for false promises.
Little Spending, Big Savings
According to the Bureau of Labor Statistics (BLS), the cost of living in 2014 rose 1.6 percent, with hospital services and auto insurance rising by 5 and 4.2 percent, respectively. With prices going up in these areas, it’s necessary to save money where you can.
As an excellent driver, why should you be expected to pay an exorbitant amount of money out of pocket every month for an insurance policy that may not come in all that handy? The answer? You shouldn’t. With auto liability insurance coverage, you make small monthly payments that amount in big annual savings.
Not only are your monetary assets protected in the case of an accident, but your plan is also relatively inexpensive. Unfortunately, not all parties involved in a car accident are content with repairs alone. Auto liability insurance coverage saves you from getting entangled in the greedy fingers of insurance agencies and other drivers who want a hefty payout for an accident that resulted in nothing more than a scratch on the rear bumper of their car. With auto liability insurance coverage, your agency protects your assets.
Knowing what type car insurance plan to get can be a chore. Let CoverHound take care of your plan for you. By providing you with an array of competitive auto insurance choices, you’re guaranteed to find the plan for you. Get your auto insurance quotes today.