Help me wade through the morass of auto insurance!
October 6, 2006 11:31 AM Subscribe
What auto insurance (type/coverage) do I really need?
posted by otherwordlyglow to Work & Money (12 answers total) 4 users marked this as a favorite
I live in Oakland, California and am shopping for auto insurance for a new 2006 Chevrolet Aveo. I've had a succession of junkers prior to this car and been able to get the minimum state requirements (liability). But now, since it's a new car and I'm financing part of the cost, I guess I need to get comprehensive and collision, right? I have no real assets so I'm not all that concerned about being sued and am comfortable with a high deductible. I'm also a good driver, have no accidents or moving violations, and have very good credit. I'm a single 38 female.
In the past I've had insurance through AAA and they still seem to be the cheapest by far. So a couple of questions:
1. Why do insurances quotes vary so much?
2. What type of coverage do I need?
3. Is it okay to get the minimum coverage or am I really setting myself up for trouble down the road (no pun intended)?