Any responsible driver knows how to purchase car insurance. In the midst of life’s hustle and bustle, do you REALLY know what to look for when purchasing car insurance?
It seems simple: determine the lowest total cost, and you know what you are getting into. But in fact, hidden costs can lurk beneath the surface. Here are some questions to ask your insurance broker.
What if you do not have sufficient “bodily injury liability” insurance for the injury you cause? It is tempting to think you will be off the hook, but in fact, courts have been known to garnish future wages and seize assets, like houses, savings, or retirement accounts.
Despite its confusing name, this insurance coverage will end up being quite helpful.
Advice to plan ahead, to avoid your insurance running out and having to pay out of pocket.