We tend to avoid things we don’t understand, don’t have time for, or don’t want to worry about. When it comes to insurance, many of us buy a cheap policy, pay our premiums on time, and forget the rest. The downside to this mindset can’t be overstated: you could lose hundreds – if not thousands – of dollars a year overpaying for car insurance you don’t need; or, you could end up with an insurer who, when an accident occurs, will end up costing you thousands you would otherwise receive from another provider.
Beyond simple peace of mind, car insurance coverage is a requirement in all 50 states, and, as you’d expect, state rules for providers and drivers vary. The average American driver will be involved in an accident once every ten years – in some regions it’s once every five or six years. If you were exposed to several thousand dollars of risk every five years, you’d want to educate yourself on how to be prepared, right?
Accidents aside, our lives are always changing; insurance works the same way. The Simple Dollar car insurance experts will walk you through assessing your own risk and then empower you to make a coverage decision that agrees with your budget. We’ll also show you how to pick out the good policies and insurers from the bad ones, and how to use your policy to get the most out of your coverage in the event of a claim. Whether you’re thinking of buying your first car or adding another to your garage, The Simple Dollar’s Car Insurance Guide will show you how to navigate each step of the way.