5 Auto Insurance Coverages You Shouldn’t Be A Cheapskate With from Insuramatch.com - LeadCloud News
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29 June 2015

5 Auto Insurance Coverages You Shouldn’t Be A Cheapskate With from Insuramatch.com

Bargain hunting is an American past time and hunting for the least expensive auto insurance is usually high on many people’s cost-saving lists. That's why people shop for competitive auto insurance quotes – sometimes even choosing to sacrifice coverage to save money.

Sometimes it's worth paying more to get more because scaling back on coverage can put you, your home and your finances at risk. Insurance is a financial decision that involves weighing the cost of paying those premiums against the coverage levels you have IF something bad happens. Reducing auto insurance coverage does put you at risk from lawsuits, huge medical payments, and wallet-crushing repair costs.

So whether you're shopping for new auto insurance quotes or it's just renewal time and you’re doing research, experts recommend reviewing your policy coverage levels and comparing them against the financial assets you want to protect.

Here are five areas where going cheap may leave you vulnerable.

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