Car Insurance Quotes

What Are the Different Types of Car Insurance?

Auto insurance comes in several forms. Some are required by law, while others offer added protection. Understanding these can help you make the right choice.

Types of Auto Insurance Coverage

Here’s a quick rundown of the most common types of required coverage:

• Liability Insurance: Covers the cost if you’re at fault in an accident and cause injury or property damage to others.

• Collision Coverage: Helps pay to repair or replace your vehicle after a collision.

• Comprehensive Coverage: Protects against theft, vandalism, weather damage, and other non-collision events.

• Uninsured/Underinsured Motorist: Steps in if the at-fault driver doesn’t have insurance or enough of it.

• Medical Payments (MedPay): Covers medical bills for you and your passengers, regardless of fault.

Choose From Different Optional Car Coverage Types

In addition to required coverage, you can add optional protections to your policy, such as:

• Rental Reimbursement: Covers rental car costs if your vehicle is being repaired.

• Roadside Assistance: Provides help if you’re locked out, have a flat tire, or run out of gas.

• Gap Insurance: Pays the difference between what your car is worth and what you owe on your loan if it’s totaled.

What Are Average Rates for Auto Coverage?

According to ValuePenguin, the average cost of full coverage car insurance in the U.S. in 2024 is around $1,780 per year. However, rates can vary widely based on your driving record, location, vehicle, and other personal details.

Non-standard drivers may see higher rates, but Budget Insurance Agency works with multiple carriers who specialize in helping drivers with complex histories find fair, affordable rates.

Shop and Compare Auto Insurance Rates to Save

Comparing rates from multiple companies is one of the best ways to lower your car insurance costs. Our agents do the work for you, showing you quotes side by side so you can choose the one that works best for your needs and budget.

What Causes High Car Insurance Rates?

Rates can be affected by several factors, including:

• Accidents and violations

• Lapses in coverage

• Poor credit (in applicable states)

• Younger or inexperienced drivers

• Driving a high-risk vehicle

What Can Help to Get Lower Car Insurance Rates?

You may be able to reduce your rates by:

• Maintaining a clean driving record

• Increasing your deductible

• Driving fewer miles

• Paying your premium in full

• Bundling auto with other policies

Using Car Insurance Discounts to Save Money

Many drivers are eligible for discounts without even knowing it. We help you find and apply all that may be available to you, including:

• Safe driver discounts

• Multi-policy discounts

• Military or senior discounts

• Paperless billing or auto-pay options

• Discounts for completing defensive driving courses

Even high-risk drivers may qualify for special savings depending on the insurer.

Do I Need Auto Insurance?

Yes. Car insurance is legally required in nearly every state. Driving without it can lead to fines, license suspension, and financial penalties if you’re involved in an accident. Even if you’re not required to carry full coverage, having a basic policy helps protect you and your finances.

How Can I Find the Best Car Insurance for Me?

Start by understanding your needs and budget. Ask yourself:

• What level of coverage do I need?

• What is required in my state?

• What can I afford to pay each month or year?

• Am I eligible for any discounts?

Our team at Budget Insurance Agency will walk you through the process step by step. We’ll help you compare multiple quotes and choose coverage that protects you without overpaying.

All Products We Offer

Budget Insurance Agency offers a wide range of insurance products to help protect what matters most: