Auto Insurance: What Do You Actually Need?

Clark goes back to basics on auto insurance. Due to gigantic premium increases, more people are going without or buying minimums, which can be risky. Learn what coverage you’ve GOT to have, and how to make decisions regarding collision, comprehensive, and deductibles. Once you figure out your coverage, you’re ready to shop insurers.

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Our Promise to You:

[cbbcbb]

I have paid enough in car insurance over the last twenty years that would pay for at least two new cars. Again, at least two cars.

[cynthiabonds]

I have had 3 near fatal accidents where the other driver crossed over and I was hit head on; two were medically impaired neither was insured; one was driving with no lights. Uninsured and underinsured coverage is essential.

[darnellmcneill]

couple of questions - what is your definition of "really old" vehicle? When looking up value of vehicle, which value do you use PPV or TIV? How do you compute this with multiple cars on a policy? And finally, can you give an example of using this traditional method?

[larrys]

I’m a retired agent with the professional designations Certified Property Casualty Underwriter and Accredited Advisor in Insurance. This video is the best, and most honest, I’ve seen on the internet.

[oldfordman]

I still keep full coverage except rental insurance on a 30year old truck because per KBB and other auto value websites the truck is only worth around $3000 however on the open market like cars and bids and bring a trailer you can't touch my truck for under $10k

[dianep]

How long should I be paying for "Lemon Law" after buying a car?

[Demy]

I have my auto with homeowners and not changing due to a new company just dropping you, 18 year old car no collision

[CLINTSTERCOX]

Credit union is cheaper interest but requires more expensive lower deductibles full coverage. ⚖️

[nccrchurchunusual]

Added up what I have paid over the yrs on all our insurances- over $132k. Claims? Under $3k.

[jstephens]

I checked and doubling the deductible on collision and comprehensive would lower the premium by 6.5 %. Does not seem worth it.

[jayafow]

Have two cars paid for and only carry the minimum liability and under insure motorist don't drive that many miles why cheaper than full coverage. $600 a yr for both vehicles

[MegaAlex]

traditional car insurance formula when the premium of the colision exceed 10% of tue remaining value of the vehicle then you best of being your own insurance company for your vehicle. Please explain with examples. Didn't understand the message.

[MrCaveman]

Somebody please explain to me what UN insured motorist is versus UNDER insured. I pay for both but it seems to me that an UNDER insured person is the same as an UN insured motorist is!

[tvrxpzr]

In California the likelihood of getting hit by a illegal alien is triple, it happened to me and he just played like he didn’t speak English to well and said “i just bought this car” it was a older used car, he didn’t have registration in his name or insurance, rainy day an chp didn’t come… good luck to those of us that follow the law

[marshag]

Been with Geico Car Insurance & renters insurance for YEARS. Rates way up. Our deductibles are too LOW.. Don't know how much to increase. We don't want to make a mistake, (too much, too little) ..? Currently renting. Our cars are 2013 VW & 2026 Murano (1 paid off, other almost) Is the way to go is getting a local trustworthy broker? How to find the right one?

[edwinsmiths]

The government has really made things more difficult for its citizens, and we can't sit back and bear all the consequences of the bad governance. It's obvious we are headed for hyperinflation, it is always the poor who take the hit.

[PCMONEYNOW]

California lets you self insure with a 35000 surety bond

[nccrchurchunusual]

What is really old mean? 10 yrs old, 12 yrs?

[mccoyji]

Should u not go to jail if u drive with no insurance?🤔

[JuanPeron]

This guy acts like the insurance companies are nice. What a loser