Auto Insurance: Important Dos and Don’ts Finding the right auto insurance plan goes beyond just looking at the cost. You need to be sure of what the coverage includes, the insurer’s claim resolving time, and many other important factors. Here are some integral do’s and don’ts for you to follow while shopping for car insurance: Do Make Sure Your Current Coverage Works for Your Current Needs Most car owners continue renewing the same policy they got when they bought the first car. What they don’t realize is, there are chances that the insurance plan may not fit well with their present needs. It is a good practice to reassess your coverage and needs every few years so you can make the switch to a new policy if need be. Don’t Ignore Uninsured or Underinsured Motorist Coverage Motorist coverage protects you from getting stuck with repair bills and medical bills in case you get hit by a driver who is uninsured or has inadequate insurance. Opting out or skimping on this coverage can lead to thousands of dollars spent on unforeseen repair fees that you can easily avoid. Don’t Go for A Plan that Offers Bare Minimum Coverage It is always a good idea to go for a plan that offers you more than the bare minimum coverage. Why? Because legally, any damages you incur over and above your policy’s coverage, are your responsibility. This puts your future assets and earnings at risk in case you are involved in an unfortunate car accident. Do Drop out Of Unnecessary Coverage and Raise Your Deductible Comprehensive and collision insurance are two of the most important parts of your auto policy. Most car owners don’t know that it is possible to bring your insurance cost down by dropping out of unnecessary coverage elements like car rental and towing. Raising your deductible makes you eligible for higher savings. Do Keep Money Aside in Case You Drop Collision Coverage Collision coverage takes care of any repair costs you might face in case of an accident with a vehicle or even an inanimate object like a tree. In case you decide to opt-out of the collision coverage your plan offers, be sure to keep a sum of money aside for any such repairs.