Auto Insurance Quotes Online Youngstown Ohio OH

Reader’s Question

I just bought a brand new car in Youngstown Ohio OH and the sales agent said that I am required to have a collision and comprehensive auto insurance, is this true?

Bryant

Youngstown, OH

Hi Bryant

Youngstown Ohio OH does not require either collision or comprehensive auto insurance. Neither are they required when you pay for your brand new car in cash but if you are having your brand new car financed, your lender requires you to carry both collision and comprehensive auto insurance coverage at certain levels. In case you are involved in a vehicular accident and you are found to be at fault, the collision auto insurance coverage in your auto insurance policy will cover for the repairs of your own vehicle.

In Youngstown Ohio OH, when your car is “totaled” meaning repair of damages to your car cost more than 70% of your actual car value, your auto insurance company will just have your vehicle towed to a salvage yard and give you the cash equivalent of your car’s value. The comprehensive auto insurance portion of your auto insurance covers for the damages incurred during other accidents such as theft, fire, natural disasters, bad weather and vandalisms. Comprehensive auto insurance coverage is also where any glass in your car like the windshield is covered. To keep a low auto insurance premium, you may raise your collision and comprehensive deductible. Keep in mind though that you will have to shoulder the deductible amount before any collision or comprehensive auto insurance kicks in.

Knowing how much auto insurance costs will help you evaluate what to spend. In this site, you can get free quotes so better utilize this and compare prices.

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