Why Basic Auto Insurance Isn’t Always the Best Choice

When shopping for car insurance in Stamford, CT, there is always the temptation to stick to the cheapest option or one that just meets the state requirements. When purchasing car insurance, you need to strike a balance between cutting costs and getting coverage that meets your needs.

Don’t find yourself stuck in a financial mess because you chose basic insurance. At Allkane Insurance, we always advise our clients to stick their necks out for more car insurance options. Here are reasons why basic auto insurance won’t cut it. 

Why Basic Auto Insurance Isn’t Always the Best Choice

The limits are insufficient

If you opt to stick to Connecticut’s mandatory car insurance, you should have $25,000/$50,000 of bodily injury liability and $25,000 property damage liability. If you look at these amounts, you may think they are sufficient, but they are so little when you are at fault for a severe car accident.

We always advise our clients to consider higher liability coverage limits. Usually, 100/300/100 works for most motorists, but should you need higher coverage, umbrella insurance and excess liability are excellent options.

Basic insurance doesn’t cover you or your vehicle

Most states require motorists to maintain liability coverage as the minimum requirement. Liability coverage doesn’t protect you — it covers other people. For instance, bodily liability coverage covers medical costs of other people when you have caused an accident. This coverage doesn’t cover your injuries.

Because of this limitation, we always tell our clients to consider other car insurance options for all-rounded protection. Optional coverage options you can consider include:

  • Comprehensive and collision coverage
  • Medical payments coverage
  • Uninsured/underinsured motorist coverage
  • Roadside assistance coverage

Want to know whether you have the right amount of car insurance? Instead of taking chances, why don’t you get in touch with Allkane Insurance? Else, you can pop in our Stamford, CT offices for a one-on-one chat with one of our agents.