Start the Countdown How much you pay for auto insurance depends on several factors, including your age and marital status, where you live, and what you drive. You can't do anything about your age, and few people will move just to lower their insurance premium. You can, however, choose a vehicle that costs less to insure. In this article, we'll give you all of the helpful tips you need when getting car insurance. 1.- Know Your Coverage Types What is your car insurance actually insuring? Although you're buying a single insurance policy covering a specific vehicle, a number of components make up the final cost: Bodily injury liability : Covers injury and death claims against you, and legal costs, if your car injures or kills someone. Property damage liability : Covers claims for property that your car damages in an accident. Because liability coverage protects the other party, it is required in all but three states. Medical payments : Pays for injuries to yourself ...
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