So, you live in Richmond, VA, and you need car insurance. Whether this is your first car or just the next, some rules can help you get a great deal that properly covers your vehicle. After assisting many others to find the right policy, the good people at Easley Hedrick Insurance & Financial have put together a little advice.
Check State Requirements
There’s a lot to consider when you shop for car insurance, but this has to be at the top of the list. The last thing you want is a policy that doesn’t keep you out of trouble. State requirements change over time, but right now in Virginia, there are three minimums you need to know. The first is coverage for bodily injury. Your policy requires a minimum of $25,000 per person and $50,000 per accident. Next is property damage. You need at least $20,000 in coverage per accident. Lastly is uninsured motorist coverage. The requirement here is again $25,000 per person and $50,000 per accident.
Consider the Cost of Replacement
Your coverage is legally compliant. That doesn’t mean it’s right for you. When most people shop for insurance, they look at the value of the car they’re insuring. While this feels reasonable, it isn’t the most important number for most of us. Instead, you want to consider the cost of replacing your vehicle.
In most cases, that number is higher than the current value of your car. The ultimate goal of insurance is to make sure you can get back to work, or the grocery store, or anywhere else you need to go after a crash. Getting a policy that is geared towards the cost of replacement is critical.
Talk to an Agent
There are a lot of insurance companies, and they offer tons of different policies. You have the freedom to customize yours. It’s perfectly reasonable to ask for a little help. The agents at Easley Hedrick Insurance & Financial know the ins and outs of insurance in Richmond, VA. Let us help.