Used Car Insurance,Part1  

"Shopping coverage before you shop for a car is the best policy"

Insuring a car follows the same guidelines as the assurance of a new basis, with the owner of the objective being to protect themselves from liability should something in his vehicle, its occupants

or other motorists. The main difference is that, if a vehicle is damaged or stolen and written off as a total loss, the insurer's potential loss is less than a new model, so the company can pay less for

the overall coverage collision and, therefore lowering the premium. On the other hand, a car can inflict as much damage on other cars, people, structures, etc, as a new, if responsibility is not

affected by a car of age.

Because the cars used are of lesser value, buyers in May want to rethink some of their insurance strategies. For example, it May not be necessary to maintain high coverage for comprehensive and

collision insurance when sufficient coverage to more low payments are available for a small premium.

"The big thing to consider is how much physical damage on the coverage you need a car," says Dick Luedke, spokesman for State Farm. "Many elderly people with cars to choose not to have a lot of

the collision."

Similarly, while a franchise low in May of meaning to a brand new expensive car, buyers of used cars in May choose to save money by raising their deductible. Because the vehicle in May have

some cosmetic wear and tear, an owner may choose to skip the damage caused by minor collision, or simply out of their pocket for small repairs rather than pay higher premiums of the franchise

lowest orders. Keep in mind, however, that the higher the deductible, the more you will pay your pocket, in case of disaster.