Carrying a minimum amount of auto insurance is required by state laws, so you can’t legally drive without it. Yet while the minimum amount keeps your premiums lower, it can also put you at great risk if you have an accident. And after an accident is not the time to find out you’re underinsured.

When considering the amount and type of coverage you need, remember that numbers can be deceiving. When you consider medical bills, pain and suffering, lost wages, and emotional distress, standard liability limits often aren't enough.

Cost isn’t everything

Don’t approach auto coverage like a commodity. The amount you carry should be based on your lifestyle, earnings, how much and where you drive, and your overall risk exposure.

Physical damage vs. liability

Physical damage coverage helps pay for repairs to your car, while liability coverage pays for the damage and injuries you may cause to others. Selecting the highest limits you can afford is the best way to protect your assets.

Key Coverage Options

• Loan/lease gap coverage: Covers the difference between your car's value and the loan balance if totaled.
• New car replacement: Provides a new vehicle if your car is totaled.
• Roadside assistance: Emergency help for breakdowns.
• Pet coverage: Assists with veterinary expenses for pets injured in a collision.

Ask About Discounts

Talk to an independent agent about bundling policies, maintaining a safe driving record, or paying in full to reduce your premiums.