Insurance Questions to Ask When Buying a Car
When you buy a new car (or “new used car”), there are a number of things , to consider . Insurance is usually not necessary in the first place, but, nevertheless, it is important. The next time you want to buy a new car, consider these insurance-related questions.
Forbes writer Amy Denis brings up some interesting insurance questions when you buy a new car. A few highlights:
Will insurance for a similar model cost much less?
Sometimes, similar models have very different insurance rates. For example, in a Chicago 2015 Ford F-150 pickup truck costs an average of $ 483 per year more to provide than a 2015 Dodge Ram pickup …
Should I buy collision and full coverage?
If you are taking out a car loan, you will need to purchase auto insurance with full coverage for the entire duration of the loan. This includes collision and comprehensive insurance in addition to liability …
Should I get car theft insurance?
If you want to receive insurance coverage in the event of theft of your car, you need to purchase comprehensive insurance. He will pay the cost of your car minus your deductible.
On the latter point, it can also help determine how likely stealing your car. Some cars are more popular among thieves , than others .
Danise includes some additional considerations, so you’ll want to read her entire post at the link below.