Many people want to save money in their everyday lives. Some are worth it, while others aren’t. One of these things includes your car insurance.
Though you may want to buy the minimum amount of car insurance, here are some reasons why it isn’t the best idea.
Liability isn’t enough. Most states only require liability insurance. That means that it will only pay for medical expenses. It won’t help you replace your car if it is totaled. It may not even help you with your own medical expenses.
Your deductible may be very high. In order to have cheap insurance, you may have a high deductible. This means that you may have to pay a few thousand dollars out of pocket, before the insurance company pays a single cent.
Your insurance company may argue over claims. When you choose a cheap plan, you may notice that your insurance company fights you over every claim. They aren’t going to want to shell out a lot of money, so they might reject your claim.
Though you may want to save money, your car insurance shouldn’t be a place where you skimp. It is much better to get a plan that is over the minimum. Otherwise, you are going to pay a lot of money out of pocket, both for any repairs that you may need, and your deductible. You may only have liability, which means that you have to pay for everything else!
If you are in Florida, you should contact us today at Coastal Premier Insurance Group to make sure that you have enough insurance to protect your family.