Insuring Your Older Ride For Its Worth
If you have recently purchased an older vehicle or are looking to insure a ride that has sat in your garage for years, it is important that you know the difference between insuring a new car and an older car. Rather than opting for a cookie cutter policy and over insuring your ride, allow these informational points of guidance to assist:
• Liability Coverage – Liability insurance is required by law and the age of your vehicle has little connection to the damage that can be caused in an accident. It is always best to opt for as much liability coverage as possible, especially due to the litigious nature of today’s society.
• Medical Payments Coverage – Check the crash test ratings of your older ride to help you make this decision. If the risk of injury is high, it is wise to opt for this coverage.
• Collision and Comprehensive Coverage – Opting for these coverage options may be a waste of money if you are over insuring a car that has greatly depreciated in value throughout the years. Check your car’s value before opting for this coverage.
Contact Accurate Insurance Inc. in Spokane for all of your Washington auto insurance needs.