Before you can hit the streets in your brand new Chevrolet, you will need to purchase auto insurance. Insurance is required for all drivers on the road, and your insurance plan will protect you against losses in the event of a collision. When you are shopping for insurance, you will have many different insurance companies and plans to choose from. To assist you with your decision, here is a new car owner’s guide to purchasing auto insurance.
When you are shopping for auto insurance, you will need to decide between several different types of coverags. In addition, certain states legally require specific types of coverage for all drivers. Liability coverage will provide you with protection in the event that you damage another person’s vehicle. Other types of coverage include collision coverage, medical coverage, and uninsured motorist coverage.
After you have decided upon a type of auto insurance coverage, you will work with your insurance representative to determine your insurance rate. There are many different factors that will affect your personal insurance rate. For example, your past driving history and age can both raise or lower the rate of your auto insurance.
Another important factor to consider when you are buying auto insurance is your deductible. Your deductible will determine how much you will pay out of your own pocket before your insurance kicks in. While a low deductible will help you save in the event of a collision, a higher deductible may help you get a lower monthly insurance rate.
If you have questions about the car buying process, the friendly sales team at Jerry’s Chevrolet will be there to assist you. We proudly serve the Baltimore area with a terrific lineup of new and quality used Chevrolet cars. To learn more about the great car shopping experience that awaits you when you visit our convenient location in the Baltimore area, give us a call at (443) 588-2670.