Auto insurance is a necessary expense, but the range of options and different coverage types can make this purchase confusing and overwhelming. Unfortunately, many drivers simply choose the least expensive policy or wind up purchasing coverage they don’t need. To help you make the right choice, review the following answers to some common car insurance questions.

Common Questions About Auto Insurance

Do I really need insurance?

In North Carolina, every driver is required to carry at least $30,000 in bodily injury coverage per person, with a minimum of $60,000 per accident, along with $25,000 in property damage. If you financed your vehicle, the lender will also likely require you to carry comprehensive and collision coverage to protect their investment.

What does auto insurance cover?

Car insurance includes a variety of policies designed to shield you from specific risks. If you cause an accident, liability insurance will pay for the other driver’s medical expenses and property damage, while collision coverage will cover the cost of repairing your car. On the other hand, comprehensive coverage is there to protect your vehicle from perils not related to accidents, such as hail storms, theft, and animal activity.

What is uninsured/underinsured motorist coverage?

Unfortunately, you might get into an accident with someone driving without insurance, or your damages could exceed their policy limits. In this situation, uninsured/underinsured motorist coverage will cover your costs, sparing you the expense and uncertainty of a lawsuit. In North Carolina, insurers are required to include this coverage in every auto insurance policy.

How can I lower my rates?

Your driving record is one of the most important factors influencing your rates, so avoiding tickets and following the rules of the road can dramatically lower your car insurance costs. Since each insurer has their own pricing formula and discounts, it’s always best to compare policies from several companies before choosing one.

As the largest insurance company in the state, North Carolina Farm Bureau Insurance Group is dedicated to giving everyone access to high-quality coverage at the best rates possible. Since they’re owned and operated by the policyholders themselves, you can be confident they’ll always act with your best interests in mind. Visit their website for more on their auto insurance services, or call (704) 841-8700 to reach their Mecklenburg County office in Matthews.