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Question

Do I have to have all my vehicles fully covered?

I have 2 cars, a 2006 Ford Taurus and a 2016 Chevy Cruze. My current agent said both need to have full coverage, I don’t understand why. I also have somewhat bad credit, so I think they are charging me more. I also think they have items on my policy that I don’t need. I really want to save money on car insurance. My full term policy premium is $2017.00. HELP!!!

Agent Answer

Ava Lynch
You are only required to carry comprehensive and collision coverage (full coverage) if you are leasing or financing the vehicle. If you own them or even one of them, you can decide how you want the vehicle insured. If the vehicle is worth more than $4,000, I recommend keeping comprehensive and collision coverage on the policy to insure the value of the vehicle. However, if the vehicle is worth less than $4,000, you can drop full coverage and keep liability only on the car you are not making payments on. I also recommend uninsured motorist coverage.
If you are making payments on both cars, then you would need to have comprehensive and collision coverage (full coverage) on both. If you are not making payments then you can decide to go with liability only on the car you are not making payments on.
I’d recommend shopping for a new policy if they are forcing you to have specific coverage. Just keep in mind if you go with liability only, your car will not be covered in the event that you cause an accident, a single vehicle accident, fire, theft, vandalism, etc. We can quote you with several carriers at thezebra.com. You can also give us a call at  833-768-7789. Good luck and if you have any other questions, don’t hesitate to ask.

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