Taking out full coverage auto insurance, rather than minimum liability only, can undoubtedly double your premiums. It can be a hard pill to swallow, nobody loves paying for something that they hope they never have to use. In order to make auto insurance less painful, try finding the cheapest auto insurance quotes available.
What Is Full Coverage Auto Insurance And Do You Need It To Drive In Dallas?
Only liability insurance is required by law to drive in Dallas, but if you financed your car then your lender might have some additional requirements. One of those requirements will be full coverage insurance. While “full coverage” isn’t really an official insurance term, people often use it to describe a combination of collision and comprehensive coverage.
While liability insurance covers the other party after an accident, if you want coverage for your own damages you’ll need collision insurance. To fully protect your car in the event that it’s damaged or stolen by something other than a car crash, you’ll need comprehensive insurance.
- Liability = covers the personal injury and property damages of the other party when you cause an accident.
- Collision = covers the driver’s personal injury and property damage when they cause an accident.
- Comprehensive = covers property damage not caused by an accident (like theft or hail damage)
Get Cheaper Rates For Full Coverage Car Insurance
With full coverage, you are protected for almost any situation. But how can you keep your rates on the cheap side with this type of premium coverage? The national average cost of full coverage auto insurance is $1,427. If you are a younger driver, have bad credit, or a less than perfect driving record, you could pay even more. Here are some ways to lower your auto insurance cost and get cheap full coverage auto insurance in Dallas.
#1. Comparison Shop Through Online Auto Quote Comparison Sites
When shopping for full coverage insurance, make sure to compare the rates of 3 or more auto insurance companies that fit your needs. Rates are not the same across all companies. Also as rates and personal situations are both subject to change, you should comparison shop at least every 6 months for the best deals.
#2. Higher Deductibles
If you’re having trouble swinging the cost of full coverage insurance, check to see if a high deductible plan is available to you at a lower premium. It’s a bit more of a long-term risk but could save you money monthly if you need it.
#3. Prepay Or Auto-Draft
You’ll enjoy huge discounts if you pay 6 months or 12 months at a time or by enabling auto-draft for your payments.
#4. Take Advantage Of Discounts
When you comparison shop make sure to check out the discounts each car insurance company is offering. You could get discounts for safe driving, the way you pay, being a good student, or being in a specific profession.
#5. Have A Clean Record
Maintain a clean driving record without accidents or speeding tickets in order to get the best rates.