Recent statistics estimate that an average driver will get into an auto accident approximately every 18 years. While that is a long time, most probably wish the wait was longer. Knowing a crash of some sort might be inevitable—even for the most cautious of individuals—people must take additional steps to minimize the effects of a collision. This starts by wearing seatbelts and sitting in the proper position in the car to lower the risk of serious injury—as well as having enough auto insurance to cover medical costs and property damage. And yet, many make the following mistakes when choosing a policy.

What Car Owners Should Avoid When Buying Auto Insurance

1. Only Getting the Minimum

Individual states have different laws regarding how much auto insurance drivers are required to have. In Nebraska, this amounts to $25,000 bodily injury per person for a total of $50,000 minimum, as well as $25,000 property damage liability with some uninsured/underinsured motorist protection. In Kansas, the liability coverage guidelines are laxer, at $10,000. Many people falsely assume that these amounts are enough to cover most kinds of accidents they would find themselves in. But this only plans for two passengers being injured—what if there are more? If you are the party at fault, your coverage may pay for damage to the other person’s car—but what about your own? Usually, a supplemental policy—comprehensive or collision insurance—is needed. You might also weigh the value of add-ons, such as those that would pay for a towing vehicle or a rental car after an accident.

2. Not Shopping Around

Not only should drivers compare quotes from different companies, but also their reputation and customer service. The aftermath of an accident can be an emotionally tense time—and you want to trust that your agent is looking after your interests. Often, a company’s longevity can be a positive sign of their stability and reliability.

3. Sticking With the Status Quo

Even if you find the best policy for the moment, reconsider this decision every few years. Not only may certain situations in your life—such as turning 25, getting married, or achieving a better FICO score—qualify you for special discounts, but new products may have come on the market that better suit your needs. If you purchase a home for the first time or venture into business ownership, for example, you might want to switch to a company that offers these options as well—for convenience’s sake, as well as to take advantage of possible savings for bundling.

In need of high-quality auto insurance to protect your family and financial future? Reach out to an agent at Fritch Insurance in Beatrice, NE. Led by Lillian Fritch, a member of the Chamber of Commerce, this company has served residents and businesses of southeast Nebraska and northeast Kansas for 20 years. Learn more about their offerings online. Then call (402) 223-3312 with questions or to ask for a quote.