Free Insurance Quotes


Zip



Latest News

What Kind of Coverage Does a High Mileage Car Need?

If you're driving a high mileage car, you may want to consider what kind of insurance you have and what you'll need in the future. While high mileage cars may be older and may not be worth as much money, they are certainly valuable as transportation to their owners. Auto insurance for these vehicles should generally include only liability insurance. Liability is a requirement in most states. Other coverage options, such as comprehensive, aren't usually the best choices for a high mileage car. A claim made against that coverage could easily equal the value of the vehcile. If that occurs, the vehicle is considered totalled for insurance purposes, and wil no longer be insurable.

As your auto acquires more mileage, things are more likely to go wrong with it. That's true no matter what make or model your car is or how carefully you drive and maintain it. Because of that, it's a much better idea to keep your vehicle insured properly. Another coverage option you most likely don't need on your high mileage auto is collision coverage. Unless your vehicle is worth a lot of money or you absolutely couldn't afford to replace it at all, you don't need to keep collision insurance on it once it becomes a high mileage vehicle.

In addition to liability insurance for your auto, though, you may want to look at mechanical breakdown options as well as towing and rental car reimbursement. If you have those options, you'll be able to get financial help if your car should break down. While a vehicle of any age can have mechanical problems and need to be towed, it's statistically more likely for an older car with more miles on it to suffer problems. Insuring against those problems can give you peace of mind.

Related Articles

How do you Know when it is Necessary to Call the Police when Involved in a Car Accident? 09/29/2013
When you are in a major auto accident, you already know that it is important to call the police and an ambulance. If you do not contact the authorities personally, then it is likely that passersby ...

Read More →

Am I able to Change My Home or Auto Insurance Policies Mid-Term? 06/06/2013
As you searched for your current home or auto insurance policy, you probably did the "right thing" and compared prices before you settled on the policies which you bought. Now, you're mid-term with...

Read More →

Is it a Myth or Fact that Red Cars Cost More to Insure? 07/07/2013
When you are considering the purchase of a new vehicle, you want to take time to consider the impact on your insurance policy. Among the myths that may worry you is the idea that red cars are more ...

Read More →