Auto insurance is an important product to carry to protect yourself from significant surprise financial expenses. At Cordell Insurance, we offer auto insurance policies to consumers in the Baton Rouge, LA area.

Unfortunately, a lot of consumers aren’t carrying adequate auto insurance coverage. This leaves them at risk of facing large expenses as the result of an automobile accident.

The following are three reasons your current auto insurance policy is insufficient. It’s in your best interest to purchase more coverage in these situations.

You only have liability coverage. 

You should purchase collision coverage in addition to liability coverage. Liability coverage will only cover expenses that you cause to other individuals out on the road. Collision coverage will cover the costs of damage to your own vehicle.

Without collision coverage, you’ll have to pay out of pocket if your vehicle becomes damaged in an accident for which you are deemed at fault. 

You don’t have uninsured and underinsured motorist coverage. 

Unfortunately, there are many uninsured and underinsured motorists out on the road. If you get in an accident with one of these motorists, you will have to pay your own bill for any resulting damage to your own vehicle. 

When you invest in uninsured and underinsured motorist coverage, you get added coverage for expenses resulting from another motorist not carrying adequate coverage. 

You have only minimum liability coverage. 

Legally, you’re only required to purchase enough liability coverage to reach state minimums. However, your liability expenses for a large accident could amount to much more than these state minimum requirements.

You should purchase more than the minimum requirement in your state. This will increase the financial security that your auto insurance policy provides.

You can learn more about our auto insurance policies in Baton Rouge, LA by contacting us at Cordell Insurance.