Buying a new or used car is always a big purchase and investment. Next to their home, a car is the biggest asset that many people will ever own. Since owning a car is such a big investment, making sure that it is properly covered by insurance is very important. For those that are in the West Hartford, CT area, there are several factors that should be taken into consideration when shopping for a new auto insurance policy.
Minimum Requirements by Law
One of the most important factors to consider when you are looking for an auto insurance policy is what the minimum requirements are. Similar to other states, Connecticut requires that you carry a certain level of liability insurance. In the state, you will be required to carry a liability policy with minimum limits of at least $25,000 per accident and property damage plus bodily injury coverage of $25,000 per person with a $50,000 limit per accident.
Additional Coverage Needs
While you will want to stay in compliance with the law, the liability minimums are often not enough to cover your liability risks. In many cases, it would be wise to get a policy with higher limits. Another factor to consider is whether you should get collision and comprehensive insurance. Collision insurance will provide you with coverage to repair your vehicle if you are at fault in an accident or if the other party is not insured.
Comprehensive coverage will provide you with coverage in the event your car is stolen, vandalized, or damaged by a storm. In many cases, an auto lender will require you to carry both collision and comprehensive coverage.
For those that are in the West Hartford, CT area, working with AllConnecticut Insurance could be a great option. AllConnecticut Insurance can help you get into a great policy that meets your needs.