The buying process is not complete until you've also thoroughly shopped the auto insurance options and found the coverage that best matches your circumstances. Before beginning to shop for insurance, take a few minutes to review the basics of auto insurance. This is the foundation of any auto insurance policy, required in most states. It also pays your legal defense costs and claims against you if your car injures or kills someone or if your car damages someone else's property. It does not cover your property, including your vehicle.
Most states require a minimum level of liability coverage.
In insurance lingo, liability limits are described with a series of three numbers. This is normally the most expensive component of auto insurance. Collision coverage pays for repairs of damage to your car caused by a collision with another vehicle or any other object, regardless of who was responsible. This coverage comes with a deductible, meaning you pay an agreed-upon amount before the insurance company pays the remaining costs. Deductibles are usually offered at a variety of levels.