If you own a car at the Ohio State University--Columbus, you’re going to need car insurance.
Owning a car, regardless of if its new or used, also means insuring it. Since the cost of insurance premiums can vary widely, it's worth your time to learn about possible discounts and do some comparison shopping. Here are the basics to help you get the best deal on your car insurance:
Get a Quote
If you're new to this process, you should know that it's totally normal to contact different companies and ask them for car insurance quotes. You'll give them a little bit of information about yourself and the type of car you have (or plan to buy), and then ask them what their rates would be for varying levels of coverage. Asking for a quote does not obligate you to use that particular company, and it helps you to be an informed shopper. Be sure to ask for special discount programs from each company that you contact.
Factors That Affect How Much You'll Pay for Car Insurance
Understanding the Types of Coverage
Your state requires a certain amount of liability insurance. This covers other people's expenses if you are in an accident that is your fault. Uninsured motorist coverage pays for your expenses in an accident caused by someone else who does not have auto insurance. Collision coverage pays for damage to your car in an accident, while comprehensive coverage applies to theft, vandalism or other non-driving damage. Some states also offer personal injury protection, which covers you and your passengers regardless of who was at fault in an accident.
Planning to buy a car is an exciting project, and Boro would like to partner with you in finding the ideal vehicle. Contact us to learn more about our special auto loan program for college students.