Insurance Tips

Know what the policy clause covers you for- Bodily Injury Liability: This covers injury & death claims against you and legal costs, if your car injures or, in the worst case, kills another person.

Know what the policy clause covers you for- Collision coverage: This covers damages to your car up to its book value (for example the Kelly Blue Book). Collision coverage carries a deductible sum, which is the amount per claim you would have to pay for the insurance compensation to take effect. The lower the deductible sum, the higher the premium costs will be. While it is usually optional, lending institutions or leasing companies traditionally require collision coverage to be included in the policy.

Know what the policy clause covers you for- Comprehensive (physical damage): This covers your car from theft, vandalism, fire, wind, flood, and other non-accident-related incidents. A comprehensive coverage also carries a deductible sum, usually variable.