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Monday, May 4, 2009

How Much Seattle Auto Insurance Coverage do You Need?

Posted by patrick

By Steve Turner

Many might feel overwhelmed when they are purchasing their Seattle Auto Insurance policies. One concern is making sure that you have enough coverage for your needs but that you are not over purchasing.

Lien holders require their customers to carry full coverage auto insurance to protect their financial investments. Full coverage comprises of the minimal legal requirements with comprehensive and collision coverage added.

You can receive benefits from having full coverage as well. If your car is already paid off but is still worth a considerable amount of money, full coverage will give you more protection for your financial investment.

The addition of full coverage may not be worth the extra expense if your vehicle is not worth very much money. Another factor to consider is the deductible on your policy. The standard amount is $500 but can be increased to as much as $1000 or more.

Talk with your insurance agent about not having collision coverage if your car is old or inexpensive. Keep your comprehensive coverage though because it will give you protection against damages caused by fire, theft or window breaks.

You need to make the decision how much coverage you feel comfortable with. You will want to have the peace of mind that you will be financially secure in the event of an accident.

An insurance agent will be able to help you make the best informed decision about what types of coverage best fit your situation. Talk with one if you have any questions or concerns about your policy.

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