# 1 of 8 things you should know about auto insurance

# 1 of 8 things you should know about auto insurance

1) Some of the most helpful coverages are the cheapest.

The coverage you are required by law to buy — liability insurance — typically is the most expensive. It should be. The most common coverage limits can mean your insurance carrier is on the hook for hundreds of thousands of dollars for any damage you do.

Most other coverages are capped by the value of your car, though.

While collision, which pays to repair your car if you are at fault, can be pricey, other optional coverages such as gap coverage, roadside assistance, rental reimbursement, uninsured/underinsured motorist coverage, and comprehensive coverage can provide a lot of protection for a little price increase. Comprehensive coverage will normally be the most expensive of these other optional coverages, but is usually about only half the price of collision coverage and a third the price of liability coverage.  It’s worth the cost of comprehensive to cover your car for things such as theft, fire and vandalism.

Uninsured motorist coverage is especially important, considering the benefits it offers and the number of uninsured drivers on the road. Take a look at your coverage options. Paying a little more now may save you a lot in the future.