When shopping for auto insurance in the Orleans, IN area from a reputable provider like Busick Insurance Agency, LLC, most will always start with the minimum coverage required by the state. While picking up the cheapest policy might allow you to register your vehicle, it won’t necessarily protect you from the high cost of living.
Not Every Accident is a Fender Bender
While your basic auto insurance policy provides some liability coverage that will pay for some repairs to another vehicle and the other driver’s medical bills, it does have a limit. However, if you are involved in a major accident that results in both cars being totaled and major injuries, your policy might max out and you can be left holding the bill.
Fancy Cars Require Expensive Repairs
Even if it is just a fender that needs to be fixed, if all your neighbors are driving luxury vehicles, it doesn’t take much to eat up that maximum limit on your basic policy. If you extend your minimum and maximum coverage, there is a better chance that the vehicle you damage will get fixed with little effect on your savings account. That is what insurance policies are all about, after all.
Can You Afford to Pay the Difference?
Now, maybe you would be able to cover the cost of a repair that added up to a few thousand dollars. But what if the damage to the other car and their injuries totaled well over $80,000? Indiana law requires that your policy only pays for the first $50,000. Where is that other $30,000 going to come from? By talking to your Busick Insurance Agency, LLC representative in Orleans, IN, they can help you find the policy that will fit your situation and ensure that you can continue to enjoy your lifestyle without blowing the budget.
Contact our agents to learn more about an auto insurance policy and try our online rating tool for quotes.