Auto insurance can be quiet perplexing;so many different types of policies are available, each offeringcoverage that covers just about anything that could possibly happen with your vehicle. Policies including Bodily injury and Property damage are most often required to be carried on your vehicle at all times. Rhode Island also makes this a requirement. Drivers in the state who wish to register a vehicle must first prove financial responsibility before doing so. In addition to to Property damage and Bodily Injury coverage, drivers must also carry minimum amounts of uninsured/underinsured motorist coverage.
Minimum coverage amounts in Rhode Island include $25,000 worth of Bodily injury protection, with a maximum amount of $50,000 payable by the auto insurance company to the other party for death or injuries sustained in an accident. Property damage coverage amounts should include a minimum amount of $25,000 in coverage. This coverage pays for damages to property as a result of an auto accident. Uninsured/underinsured motorist coverage should include a minimum of $25,000($50,000 total) on their policy. This coverage protects you in case you are involved in an accident with a person not carrying insurance or not enough coverage.
Remember that these amounts are considerably low amounts, and they can be increased for additional coverage if you so choose. The Auto Insurance Institute recommends drivers carry coverages of atleast $50,000. Proof of auto insurance must be carried in your vehicle at all times. Insurance proof can include a letter or identification card issued by your insurance carrier.
Collision coverage may be required if your vehicle is under lease, and it is a great idea to carry if it is not. Collision coverage helps repair your vehilce in case of an automobile accident, where basic coverage pays for damages only to the other parties vehicle. Collision coverage can easily be added to the policy for a small additional amount.
Atleast 3 quotes from different auto insurance companies should be obtained so you can ensure you are getting the best deals as well as the best service for your auto insurance. Quotes can be obtained online in a matter of minutes, and are at no cost to you. Start your search with a site such as www.esurance.com, where you can get up to 5 minutes in less than 6 minutes, and easily start your new policy if you choose.