From RamseySolutions.com….
We spend a lot of time talking about health insurance and life insurance, but now let’s talk about car insurance.
Who’s going to pay for repairs on that SUV when your teenager accidentally drives it through the garage door? Or what if your uncle forgets to put your car in park and it rolls into the neighbor’s brand-new convertible? Would you be covered, or would you have an angry neighbor and a financial mess on your hands?
When thinking about the types of insurance you need, car insurance should be at the top of your list—no matter what kind of car you drive. But how much car insurance do you really need?
We’ll talk about the difference between basic, extended and premium auto insurance options—and which ones are right for you—but first, let’s cover some basic insurance terms.
