Why Cheap Coverage Is Rarely Best

Why Cheap Coverage Is Rarely BestCheap auto insurance coverage can seem to be enough coverage, but you may come to realize that that’s rarely the case.

“You get what you pay for.” This is a common saying relating the quality of something to its price. A high cost is generally associated with high quality, while the opposite is true of a low-cost product. When it comes to something as important as auto insurance, make sure that you place coverage over the importance of a few bucks.

Minimum coverage = minimum protection

You may satisfy the law with the bare minimum coverage, but it may not meet your insurance needs if you get into an accident. You may think that the minimum coverage is enough, and it may be if the accident is small. But if you get into a particularly nasty accident, minimum coverage may not be sufficient, and you’ll be left paying the difference out of pocket.

High Deductible = Low Premium

While a high deductible will certainly decrease your monthly payment, you must ensure you can pay the high deductible. A deductible is an amount you must pay out of pocket before your insurance steps in to cover the rest.

The right auto insurance policy to keep yourself protected on the road is what you need to make sure those claims don’t break the bank. Contact insurance experts Perry & Carroll in Elmira, New York for all of your car insurance coverage needs.