When it comes to auto insurance in North Carolina, finding the right coverage can seem like a challenge. However, finding the right full coverage auto insurance doesn’t have to be a struggle. There are a few different ways that you can make sure you are getting good insurance coverage for you and your vehicle.

How much you should be paying for car insurance isn’t a concrete figure. Your car insurance payment depends on where you live, what kind of car you drive, and your driving record. There are a few factors that can influence how much you will pay for a full coverage insurance policy.

What is full coverage insurance?

Full coverage auto insurance is a combination of collision insurance and OTC (other-than-collision) insurance for your vehicle. This creates a level of insurance precaution for you and your vehicle in case of an accident. While there is technically no such thing as full coverage, this is the closest you can get to making sure you have insurance for many different situations you may find yourself in with your vehicle.

A full coverage insurance policy may have the following types of insurance coverage: state-required liability, no-fault insurance coverage, collision coverage, and OTC (other-than-collision) coverage.

State-required liability or no-fault insurance coverage financially helps you in the event of bodily injury or property damage to someone else in an accident that was your fault. Collision coverage can pay for damage to your car if you are involved in an accident, regardless of who was at fault. Finally, OTC coverage helps protect you and your vehicle in case your car is damaged in other ways not involving a car accident, such as theft or vandalism.

Finding the right insurance policy

When looking for full coverage insurance for your car, you want to make sure that you are buying insurance that matches your needs and your vehicle needs. A great match requires you to read the fine print and make sure you are covered in the ways you want to be.

Other considerations

When purchasing auto insurance, you will want to make sure that you are keeping a few things in mind. One is your budget; you don’t want to be paying for over-insuring your vehicle, just as you don’t want to be paying to under-insure your vehicle, either.

When purchasing insurance, know the fair market value of your vehicle. This will help you to know when the repairs made to your car after an accident would be more than what the car is worth, and you can decide if you want to buy a new car or fix the old one.

Your location also affects your insurance needs. If you live in a place with a lot of uninsured drivers, you may want to add uninsured motorist coverage to your insurance package. Additionally, if your vehicle has a higher rate of theft in your state or city, you may want to increase your OTC (other-than-collision) insurance policy limit.

 

We can help you with that. Please contact our team at ProtectiveAgency.com or call (877) 739-9367. Our licensed insurance agents will be happy to answer any questions you have.