Many people don't fully assess the potential costs involved in an accident, and can end up with large out - of - pocket expenses by
skimping on their auto coverage.
Not exact matches
For example, in an effort to save
on premiums, many people
skimp on their
auto insurance
coverage and only purchase the minimum amount legally required by their state, which may only be $ 25,000 or so.
You don't want to
skimp on auto insurance
coverage just to save a few bucks.
Clubs like Allstate Motor Club and AAA (American Automobile Association) are two examples of
auto insurance clubs that offer cheap
auto insurance to club members without
skimping on coverage.
That's probably not helpful unless you know the basics
on how
auto insurance works — and which
coverages you can't
skimp on.
Rather than
skimp on your
auto insurance
coverage to save money, try achieving an affordable full -
coverage premium by maintaining a good driving record, raising your policy deductible and combining your
auto and homeowner's insurance policies with the same insurer.
In the name of cheap
auto insurance, don't
skimp on necessary
coverage and end up with something that is pretty useless and can not help you much when the time to claim comes around.