Auto insurance can be confusing for most consumers; there are so many different types of insurance and it can be difficult to determine the type of coverage youre required to carry versus the types of coverage that you really should carry in order to protect yourself but that are not required.

When considering how much car insurance you should have, it is best to do some research and find out what type of insurance is required by the state in which you reside. Not all states require the same levels of insurance. Some states require more types of coverage than others and states also vary in terms of the amount of coverage that is required. So, be sure you know exactly what the minimums are in the state where you live.

You should also understand what is covered by the different types of insurance in order to understand whether you need insurance coverage above and beyond the minimum required by your state of residence.

Bodily injury liability covers injuries that you cause to someone else while driving your vehicle. Generally the rule of thumb for this type of coverage is to purchase more than is required by your state minimums in order to protect your private assets from a law suit in the event that you injure someone.

Medical payments or personal injury protection, commonly known as PIP covers the treatment of injuries for the driver and the passengers of the vehicle. Depending on the level of coverage, this type of policy will compensate lost wages as well as medical payments.

Collision covers any damage that occurs to your vehicle in the event of an accident, even if it is your fault. Of course, a deductible will apply. Your lender will generally require this type of coverage while you still owe on the vehicle.

Comprehensive coverage is for the loss of your vehicle due to damage by something other than a collision such as theft, fire, natural disaster, vandalism, etc. Again, your lender will probably require this coverage for a financed vehicle. Once your loan is paid off, its up to you whether you want to continue carrying comprehensive and collision coverage. Uninsured and under-insured motorist coverage can come in handy in the event that you are either involved in a hit and run or if you are hit by someone who does not have insurance or who is under-insured.

When considering how much insurance to take out, start with the amount that is required at a minimum by your state and then consider whether youre required to take out any additional coverage due to lender requirements. Remember that while we all hope we wont have a need for insurance, in the event that we do, it can be a financial lifesaver. So, it is highly expedient to take one now.

Finally, dont forget to consider your options regarding deductibles. Raising your deductible can help you, you need to use it. Lower your premiums and that can make taking out additional insurance coverage more affordable. Just be sure you can reasonably afford the deductible in the event you need to use it.

One of the secrets to getting the right auto insurance policy for your car start by knowing the right car to buy in order to get an auto insurance policy that will not be too expensive for you.

If a car is associated is been a high performance car meaning that it stands the risk of being driven recklessly , the auto insurance company usually take such cars as highest risk cars that are prone to accidents and you will definitely have to pay more in order to get an auto insurance coverage for such a car .Examples of such cars include Ferrari, Aston Martins , Porsche etc Most flashy and luxury cars fall into this category hence if you do not want to pay too high for an auto insurance policy monthly , the first step is for you to get the right vehicle that is not in the high performance category will not cost you much in auto insurance cost.

Most people do not know that the more do not know that luxury and flashy cars will cost more for getting auto insurance coverage on them because they are mostly prone to accidents and damages base on their capacity and performance hence the auto insurance company will want to get an adequate coverage cost on such vehicles before you can get an auto insurance policy for them.

Cars like Honda Civic 95 are also very prone to anti theft problems most especially for people that are living close to the borders and suburbs and hence getting an auto insurance policy for this types of vehicles will always be high because of their high prone to theft problems.

Generally you need to get a vehicle or car that has anti theft devices that can track down vehicles and provides theft of care and most auto insurance companies will provide you with discount for your car having such anti theft devices hence reducing your auto insurance cost. You need to check out for this discount offers by auto insurance companies when signing up for an auto insurance plan or you could check it out with your existing auto insurance company to benefits for it if your car has this devices.