Every driver needs a valid auto insurance policy to protect their car on the road. However, finding the perfect policy for your needs can be more stressful than finding the car of your dreams. Deciding how much coverage you need, what type of deductible you want, and which agency to work with can all seem incredibly confusing. While personal preference and budget will largely determine the specifics of the policy, there are still a few things you need to know before buying a new insurance plan.

What You Need to Know About Buying Auto Insurance

Every Policy Must Meet or Exceed Minimum Coverage Standards

Each state sets a minimum coverage standard that any driver on the road must have in order to operate their car legally. These limits differ state by state, and if you’ve recently moved, your existing coverage may not be enough to satisfy the requirements of your new home. Before purchasing a policy, make sure the coverage meets the government’s minimum requirements, and consider if additional coverage limits may be a wise investment. Though minimum coverage will save you money, it can leave you unprotected in the event of an accident.

Deductibles & Premiums Influence the Overall Cost

Think of insurance as a balancing act between up-front and potential costs. The more you pay upfront as a monthly premium, the less the deductible will be should you ever file a claim. However, since the deductible can increase or lower your monthly premium costs, it gives you a bit of flexibility to pick the coverage you truly need while staying on-budget. If a comprehensive policy offers ideal protection at a higher premium, consider increasing the deductible. If a premium is extremely low, you’ll pay less each month, but more out-of-pocket after an accident. Before purchasing a policy, make sure you can afford the deductible on top of the premium rate.

There Are Discounts

Almost every driver is eligible for some type of discount—all they have to do is ask. Before purchasing a policy or picking an insurance agency to work with, ask about available discounts. Many providers offer discounts for multiple policies, safe driving habits, and even short commutes. However, most of these discounts will not be automatically applied and you’ll need to ask before receiving the lower price.

Siemers Insurance Agency in Cincinnati, OH, has helped drivers find the best auto insurance policies for their needs for over 60 years. Their dedicated agents get to know each client before making recommendations, so you’ll have the peace of mind knowing you have the best coverage for your unique situation. Learn more about their services and coverage areas online and call (513) 469-8877 for a free quote.