The amount of auto insurance coverage you need depends on many factors, including the value of your car, your financial situation, driving habits, and age. If you are not sure, how much you should spend on insuring your vehicle, NY Twin Bridges Insurance Agency serving Albany, NY has prepared the list of questions that will help you to decide:
1. What Assets Do I Need?
The more assets you have, the more you should spend on your car insurance. Your liability insurance should be high enough to cover the total value of the net worth.
2. What Type of Car Do I Drive?
Some cards require more coverage than others. For example, the bodywork of a sports car costs more than repairs of a regular vehicle. Moreover, sports cars are at higher risk to be stolen. Therefore, if you are a lucky owner of this type of car, you need more expensive insurance.
3. How Much Do I Love My Car?
If you really love your vehicle and want it looked and fixed perfectly, then you should probably consider the fullest range of insurance, including glass, collision, and comprehensive coverage. Yes, this means you will have to spend more money, but it is also a guarantee that your vehicle is fully protected.
However, regardless of how much money you decide to spend on your auto insurance, it is also important to know that the state of New York requires all car owners to carry at least minimum liability insurance.
If you are searching for the best coverage for your car and want it to be protected, NY Twin Bridges Insurance Agency serving Albany, NY is ready to guide you through all the options available. Call us today to talk to one of our experienced agents.