In the event of an accident, car insurance protects you, your vehicle, and other drivers from financial responsibility. This can save you tens of thousands in repair costs and medical bills, but requires different levels of upfront commitment. If you’re browsing your options for auto insurance and aren’t sure where to start, here are some factors to consider when selecting a policy.

How to Shop for a Car Insurance Policy

1. Meet Your Minimum Coverage Obligation

Every state has mandatory minimums for auto insurance coverage. In Oklahoma, motorists must have coverage of at least $25,000 per person to cover bodily injury, with a maximum of $50,000 per incident. Your policy must also provide at least $25,000 to cover any property damage to another party.

2. Determine What Additional Policies You Need

A standard car insurance policy might offer liability protection, which protects you from expenses when you’re at fault for an accident. You may also choose to add collision coverage, which insures your vehicle, and comprehensive coverage, which also pays for any repairs in case of vandalism, theft, or accidents involving animals. Choosing a more extensive policy will raise your monthly costs, but offers more protection in case of the unexpected. An insurance provider and help you find the best coverage for your lifestyle and needs.

3. Choose Your Deductible

If you’re involved in an accident, you’ll need to pay a deductible before your insurance coverage kicks in. A higher deductible means lower monthly payments, which many policyholders prefer, but that means you’ll have to pay more out of pocket after an accident. To decide which is best for you, weigh in the pros and cons of both and consider whether you’re willing to take a risk to maintain lower monthly costs.

If you’re in the market for car insurance, call Doris Watson Insurance Agency, Inc. in Broken Arrow, OK. As a proud State Farm representative, she helps Tulsa County residents select the best policies for home insurance, health insurance, business coverage, life insurance, and more. She can also assist with retirement planning and annuities, providing service and guidance you can trust. Find more information about their location online, or call (918) 251-4333 to request a quote.