When I started driving, I didn’t know a lot about the basics of auto insurance. No one explained to me what a premium was. I did not know why I wouldn’t want the cheapest policy I could get. In this video, the folks from Consumer Jungle help me explain to you the things I wish I had known sooner.
If you have further questions about auto insurance, feel free to contact me or your local Extension office, or your current insurance agent. A really great resource for checking the rating of an insurer is AMBest.com and other helpful information on all kinds of insurance can be found here as well.
For new drivers and more experienced ones, knowing the basics of auto insurance can help to improve financial stability. I wish I had known sooner why the cheapest policy I could get was going to cost me a lot more in the long run.