Category: Auto Insurance

With so many motor vehicle coverages available, most vehicle owners face the challenging task of determining the exact amount of insurance they need. Ask any insurance agent, and they will tell you they’ve encountered the question: how much car insurance coverage do I need? 

Unfortunately, there’s no precise answer to the inquiry. The amount of auto insurance needed primarily depends on the number of coverage you are considering and the deductibles you can comfortably bear. According to the D & E Insurance Agency of Muskogee, OK, here is how you determine the amount of car insurance needed.

Liability Insurance

In almost all the states, the law requires that you have liability insurance cover if you own a vehicle. This insurance coverage comes to your rescue when your car causes injuries or damages to other people or their properties. 

Whereas you can’t predict the extent of damages or injuries you’d cause, you should have higher liability coverage — this would enable you to cover more damages. 

Experts recommend having 100/300/100 liability insurance if you are to be on the safe side. This simply means $100,000 per individual, $300,000 per crash (bodily injuries), and $100,000 (property damage liability). If you have a high liability exposure, consider umbrella insurance. 

Collision Insurance

This sort of insurance coverage protects your auto in case of a collision with other cars or properties. It’s essential to have this coverage as it covers your auto’s repair cost after an accident. But how much of it do you need? You should have coverage that repairs or replaces your vehicle without incurring out-of-pocket expenses. 

Comprehensive Insurance

Unlike the collision insurance cover, comprehensive insurance coverage shields your vehicle from any damage that arises from reasons other than collision. For instance, a falling object can hit your auto while it’s parked. Like collision coverage, you should carry comprehensive insurance sufficient to cover repairer replacement of your vehicle without incurring expenses from your pocket apart from the deductibles.

The bottom line

Although there are several other auto insurance coverages that you should consider when answering the question “how much motor vehicle insurance do I require?” the above are the most common. If you are stranded, D & E Insurance Agency in Muskogee, OK will guide you to figure out the amount of insurance you need. 

If you live in the city of Muskogee, OK, and are interested in learning more about auto insurance in your area, agencies such as D & E Insurance Agency can help answer your questions and teach you more about the benefits of auto insurance and why it is mandated in Oklahoma.

In Oklahoma, anyone who drives a vehicle must have a minimum amount of auto insurance coverage. In fact, before you go to the DMV in Oklahoma to register your car, you will need proof that you have current auto insurance. Additionally, you will need to bring personal identification documents, such as your vehicle title. Then, you will need to take your car to the nearest Oklahoma Tax Commission or Oklahoma Department of Public Safety within the next 30 days to see a tag agent who will inspect your vehicle and confirm the vehicle identification number and odometer reading.

In addition to all of this, you need to ensure that you meet all of the minimum legal requirements for auto insurance coverage in Oklahoma. You will need property damage liability coverage for $25,000, as well as bodily injury liability coverage and uninsured motorist bodily injury coverage (both in the amount of $25,000 per person, in addition to $50,000 per accident).

Teenage drivers in Oklahoma needed to follow certain rules when it comes to auto insurance as well. They need to meet all of the requirements to receive a learner’s permit and then a license, and they must be covered by auto insurance in the state of Oklahoma, just like any adult who lives in the state.

If you are a Muskogee, OK resident, and want to know more about auto insurance, you should feel free to contact the professionals at D & E Insurance Agency. We will answer any questions you might have and point you in the right direction regarding what policy you should get for yourself.