If you’re shopping for car insurance quotes, having a clear understanding of the coverage you need is a great place to start. It often helps to have the expertise of a professional on your side when it comes to finding the ideal auto insurance coverage. Farmers Insurance: Daniel Oliver has been providing Edina, MN, clients with quality products for years. Below, the team outlines how to figure out the amount of auto insurance you need.

Identifying Auto Insurance Coverage Needs

Check State Minimums First

If you’re wondering how much auto insurance you need, a good base to start with is your state minimum. The majority of states require drivers to maintain a minimum amount of liability coverage. Without it, you put yourself at risk for not only driving illegally, but also exposing yourself to lawsuits from the other driver if you’re at-fault in a wreck. After ensuring you have enough coverage to satisfy your state minimums, increase the amount of your coverage to include personal injury, uninsured motorist, and even comprehensive coverage if it suits your needs.

Cover Your Assets

Do you drive an older car or a brand-new model? As a rule of thumb, if you drive an older car, you can reduce your premiums by increasing your deductible. This means if you’re in an accident, you will likely pay out more for a deductible or for the repair of your car. If you drive a newer model, however, you should have comprehensive coverage that includes the replacement cost of your vehicle. 

If you have questions about how much auto insurance coverage you need, or you’re looking for a trusted partner in locating quality providers, Farmers Insurance: Daniel Oliver is on hand to help you. With a solid understanding of the industry and which providers will suit your needs, he can help you find the coverage you can count on. Call today at (952) 925-4454 or visit his website for more information.