What Kind of Coverage Does a High Mileage Car Need?

If you’re driving a high mileage car, you may want to consider what kind of insurance you have and what you’ll need in the future. While high mileage cars may be older and may not be worth as much money, they are certainly valuable as transportation to their owners. Auto insurance for these vehicles should generally include only liability insurance. Liability is a requirement in most states. Other coverage options, such as comprehensive, aren’t usually the best choices for a high mileage car. A claim made against that coverage could easily equal the value of the vehcile. If that occurs, the vehicle is considered "totalled" for insurance purposes, and wil no longer be insurable.

As your auto acquires more mileage, things are more likely to go wrong with it. That’s true no matter what make or model your car is or how carefully you drive and maintain it. Because of that, it’s a much better idea to keep your vehicle insured properly. Another coverage option you most likely don’t need on your high mileage auto is collision coverage. Unless your vehicle is worth a lot of money or you absolutely couldn’t afford to replace it at all, you don’t need to keep collision insurance on it once it becomes a high mileage vehicle.

In addition to liability insurance for your auto, though, you may want to look at mechanical breakdown options as well as towing and rental car reimbursement. If you have those options, you’ll be able to get financial help if your car should break down. While a vehicle of any age can have mechanical problems and need to be towed, it’s statistically more likely for an older car with more miles on it to suffer problems. Insuring against those problems can give you peace of mind.

Your Car Insurance Options and What They Mean

Let’s face it. Most of us would much rather be strapped to a dentist’s chair than shop for car insurance. It’s over a lot quicker, and what’s more you don’t have any decisions to make—that much is up to the doc’s expertise. Not so with car insurance, where the less you know about the different types of coverage, the worse off you are. Here’s a quick rundown of the most common coverage options offered by car insurance companies, and what they mean.

Know About the CoveragesCollision
This is not legally required, but most lenders will require that you have collision insurance as a condition of your car loan. It always comes attached with a deductible, and covers damages up to your car’s book value.

Liability
This pays out damages against bodily injury or property damage that happens if you’re at fault for an accident.

Uninsured Motorist
This is important because of the high rate of people driving around without insurance. It covers medical bills for you and your passengers in the event that you’re hit by someone that doesn’t have insurance, or whose insurance isn’t enough to cover the damages.

Comprehensive
This term is used to describe “everything else.” It covers damage to your car that didn’t happen as the result of an accident—such as fire, flood, earthquakes, high winds, vandalism, and even unexpected run-ins with animals (deer being the most often reported). Comprehensive also covers you against theft and, like collision insurance, comes attached with a deductible.

Save Time Shopping for Car Insurance

Save Time with AgentInsureSearching for auto insurance can be very time consuming and frustrating. Because of the frustration, people often settle and go with the first company they call because it takes so long.

When you are trying to compare insurance quotes you might find only a few companies in your local yellow pages. This doesn’t mean you are limited to only these companies. It only means that these are the only companies paying to advertise in your yellow pages.

If it were 10 years ago, the yellow pages might have been your one-stop source for finding insurance. Times have changed, and the Internet is an infinitely larger phone book than the one sitting next to your phone. The solution: AgentInsure is your one source that can give you rates from multiple carriers. Unbiased rates. No strings.

Comparing quotes is essential in finding the best price for a policy. Because it is the law that you carry auto insurance, you want the best price. Even if you rarely leave your home and have a perfect driving record you still must have policy. When you compare the different coverage options through different companies online you can verify you are getting the lowest rate available to you.

Calling insurance companies for quotes can be extremely frustrating and you almost need to set aside several hours of your time. You might be required to wait on hold for long periods of time in order to be transferred to the right department and you must give your information over and over to each company you call. When you go online with AgentInsure to obtain quotes for your car you will find that you save a lot of time. This is because you can have quotes from handfuls of companies within minutes. In addition, you will only be required to type in your information one time to get quotes from many different companies.

When you get auto insurance quotes from AgentInsure, the time saving factor is a big benefit. Don’t spend hours on the phone with different companies and don’t limit yourself to only one carrier. When you shop through AgentInsure you will have access to different carriers that can provide coverage to you and you will save hours of time. In addition, you can get the best price possible for your auto coverage. Looking online could save you hundreds of dollars on your policy and get the exact same coverage you are getting now.