Car insurance is a requirement for every driver, but not all policies are the same. Choosing the wrong auto policy can mean wasting money on features you don’t need or, even worse, leave you without enough coverage to pay for an accident. If you’re comparing policies, below are a few common mistakes to avoid.

5 Most Common Auto Insurance Mistakes to Avoid

1. Carrying Too Much Coverage

Buying more car insurance than you need is simply a waste of money, and may not provide any real benefit. For instance, many drivers spend hundreds of dollars every year on comprehensive coverage for older vehicles that may only be worth a few thousand dollars.

2. Not Having Enough Coverage

Having insufficient coverage can be even more dangerous, leaving you exposed to lawsuits or paying for damage yourself. Most agents recommend carrying collision and comprehensive coverage if you have a newer car, along with liability insurance equal to all your other assets combined.

3. Not Comparing Options

Many drivers simply choose a car insurance company and stick with them, assuming that their rates will always be the best. However, every carrier calculates premiums differently, and rates fluctuate constantly. Whenever you’re buying a new car, adding someone to your insurance, or renewing a policy, shopping around could save hundreds of dollars per year.

4. Not Getting Quotes Before Buying a Car

The type of car you drive has a dramatic impact on your insurance premiums, which could significantly increase the overall costs of a vehicle. Getting insurance quotes before purchasing a new car helps avoid sticker shock and allows you to make an informed choice.

5. Setting the Deductible Low

A lower deductible might seem like a financially savvy feature, but these policies typically come with higher monthly premiums. In the long run, having a higher-deductible policy can slash your overall insurance rates. Just make sure you can afford your share if you need to file a claim.

Since 1965, drivers throughout Clayton, Tiger, Wiley, Tallulah Falls, Sky Valley, Lakemont, Lake Burton, and Lake Rabun, GA, have relied on A.W. Adams Insurance, LLC for car insurance tailored to their needs. Their independent agents maintain relationships with several leading insurance companies, giving them an almost limitless variety of options to choose from. Visit their website for an overview of their products and services, follow their Facebook for more helpful tips, or call (706) 782-5100 to request your free quote today.