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Posted on Saturday, Oct. 30th 2010 6:17 AM by Online Vehicle Insurance Quotes in Vehicle Insurance No Comments »

One of the major benefits of comparing rates from various companies and the goal of most consumers is finding the most affordable policy. Premiums vary greatly among insurers and the only way to find the cheapest one is by shopping around, but quote comparisons should also be used to get better coverage. When shopping around consumers should be sure to obtain free quotes on adequate protection, especially for those that reside in states with low minimum requirements.

States such as California and Ohio have some of the lowest bodily injury and property damage liability mandates and it strongly advised to raise limits as high as can be afforded. It is commonly suggested to raise liability limits to $100,000 for bodily injury to one person, $300,000 for bodily injury per accident and $50,000 for property damage; consumers may come to realize that the cost of policies may not increase by much and doing so can provide peace of mind as well a protection from paying expenses resulting from a traffic accident out of pocket.

One other option that may want to be compared is Uninsured/Underinsured Motorist coverage. Many states make this a requirement, but many do not. Individuals who live in states that have a high percentage of drivers who choose to operate an automobile without a valid policy may find this beneficial. The Texas Department of Insurance estimates that approximately 20% of motorists lack coverage which means that if a person is involved in an accident there is a 1 in 5 chance that the other driver will be uninsured.

It may seem unfair to have to pay extra for a policy because there are individual that choose to break the law, but in the end it may be worth it. Getting hit by an uncovered automobile and suffering injuries can leave a motorist with huge medical bills that may never be recovered from the at fault party, getting this coverage is highly recommended.

Posted on Saturday, Oct. 30th 2010 6:17 AM | by Online Vehicle Insurance Quotes | in Vehicle Insurance | No Comments »

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