For single moms, responsibilities for a variety of important tasks around the house, work, children and car may fall on one’s shoulders, making it imperative that understanding car insurance and accompanying necessities is as simple as possible. Despite the need for single mother’s to protect their property and the precious cargo riding in the back seat, understanding the types of car insurance available and options necessary may seem like a whirlwind among the thousands of companies and array of types on the market and within the industry.
Finding Cheap Car Insurance for Single Mothers
Uncovering value while shopping for groceries, purchasing a home or buying a car may be of upmost importance for single moms, raising children on a single income. Revealing the jewels among some shoddy car insurance is as simple as understanding one’s needs and contrasting those needs with available offerings and coverage. Finding the best coverage that will insure the protection of family and property can be better understood by highlighting the actual needs that a single mother may have when seeking new car insurance or reexamining current coverage and providers.
Understanding Different Offerings and Coverage
With different coverages touted by various companies, understanding which coverage is necessary and fits one’s needs is vital to selecting car insurance. Beginning by unscrambling the coverage offered by diverse companies across the nation can help single moms select exactly what is needed, saving money in the process. There are many types of car insurance for single moms available, so review the options below to see what type of coverage you think would work best for your particular situation.
What is Liability Insurance?
Liability is the most basic of car insurance types, offering the minimum coverage that most drivers find legally necessary within their particular state. If a car is paid in full, owned completely by the owner, liability insurance is a good option. Although it is the most affordable option for most drivers, single moms may find its offerings and coverage limited. In fact, liability car insurance only covers bodily harm that occurs in someone else as a result of the driver’s actions. In addition, this coverage also only property damages incurred by another vehicle, etc. as a result of the driver’s actions. Liability car insurance will not cover one’s own damages as a result of accidents, collisions and damage that occurs at the fault of the operator.
Is Collision Insurance Necessary?
While liability insurance is the most basic type of car insurance, collision offers the next step up, covering damages to one’s own vehicle in addition to those incurred by others. Additionally, collision car insurance also covers bodily harm that may occur as a result of an accident, no matter who is at fault. Most policies providing auto insurance for single mothers have adequate collision coverage. It is recommended to get a policy with collision protection because you probably don’t want to have to pay money out of your own pocket for vehicle damage repairs.
What is Covered by Comprehensive Car Insurance?
In addition to covering damages and bodily harm of others involved in an accident as well as self and property damage occurring, comprehensive car insurance coverage will also protect drivers from damage that occurs as a result of unexpected events like deer in the road, storms or vandalism.
How to Get Fair Prices on Car Insurance as Single Moms
Contrasting Prices and Companies
One of the best ways to find auto insurance for single mothers is to think about their specific needs to feel safe on the road in comparison to their financial budget. If a budget prohibits single mothers from grasping the different coverages and benefits desired, it may be best to reveal your financial constraints before wasting valuable time shopping and getting quotes in person or online. When seeking car insurance it can be helpful to consider the following options and available offerings to differentiate what is specifically necessary and desired.
– Once you know what type of coverage you want, seek multiple quotes from various companies in order to find the best fit for the best value.
– Even when one discovers coverage that meets desired needs for the best price, revisit coverage and compare offerings periodically to insure the best value is still being obtained.
– Read the fine print. A good deal may not be as good as it looked initially once the fine print is closely examined. Understand the small details of coverage before making a commitment.
Choosing the Right Coverage For Each Diverse Situation
Different circumstances that are unique to single mothers may provoke different thoughts when it comes to choosing a car insurance that meets one’s family needs. When studying the diverse offerings, quotes and coverage, considering the following questions may help save moms time and money.
– Will teens be driving vehicles?
– Are natural disasters, extra traffic or events that may require extra coverage, regular occurrences in the location of residence, driving or work?
– Is the vehicle owned in full or are payments being made on the car?
– Could damage to the vehicle that will be covered cause financial or other hardships if full coverage is not maintained?
If teens, or inexperienced drivers, will be driving a vehicle that is important to family mobility, it may be smart to add full coverage to protect against damages that could hurt the family or cause damages that cannot be afforded within a current budget. In addition, if a car is not owned fully and payments are being made to a lender, most often, collision or comprehensive coverages are required until the vehicle is paid in full. Knowing the risks of particular areas one lives and works and travels in can also help reveal specific needs that must be covered, such as vandalism.
How to Save Money on Insurance as a Single Mother
When it comes to getting car insurance for single parents (e.g. mothers), you should be happy with the policy that you purchase. You should feel safe shuttling kids around between work and activities and school, and still be able to save some money.
– Pay insurance rates in month chunks. Many insurance companies will offer savings for customers who may in 6 month chunks rather than on a monthly basis.
– Compare roadside assistance programs. The assistance offered by one’s specific insurance company may be more expensive than buying a separate version offered by auto clubs like AAA. Comparing can result in big savings.
– Make sure to question the existence of special discounts you may be eligible for. Some drivers can receive discounts for good driving records, kids’ grades, drivers classes, etc. Find out what you are eligible for and save big.