Top Insurance to Get for a Used Car

August 21st, 2014 by

Shopping at used car dealerships is one of the best ways to save money while also getting a quality vehicle. One of the first things you’ll need to do after you buy your vehicle is to get the right insurance.

You’ll be responsible for liability and collision insurance, but there are many other kinds of insurance that you might want to consider. Here are a few top choices for insurance to buy for your used car:

Personal Injury Protection

Personal injury protection insurance pays your

medical bills and those of your passengers, regardless of whether you were at fault for the accident or not. This insurance will cover medical bills beyond what your basic required coverage will pay.

Personal injury protection may not be available in all states, but if it is available in yours, you should buy it.

Comprehensive Coverage

Comprehensive coverage protects your vehicle in case of theft, damage from the weather and many other types of damage. Your vehicle will be covered if a tree falls on it during a storm, if you hit a deer on your way home or if someone keys your vehicle in a parking lot.

Comprehensive coverage is especially useful if you are financing your vehicle. Some lenders may even require you to carry it.

Uninsured Motorist Protection

If you are hit by a driver who has no insurance, you will be left to foot the bill for damages to your vehicle and medical bills for your injuries. If you invest in uninsured motorist protection, you can ensure that you are covered.

You can also invest in underinsured motorist protection, which will cover you if the other driver’s insurance doesn’t pay the full amount for your damages or injuries. Your insurance will pay the rest so you aren’t left with the bill.

These insurance plans may be optional, but you should strongly consider investing in them for your used car. Many used car dealerships sell insurance or can help put you in touch with a broker that can offer you the coverage you need.

Explore all the types of coverage available to you and find the best plans to fit your needs. A representative from the dealership can also give you advice on what types you might need most.