How Much Auto Insurance Is Enough?

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   Tom Sheehan

   Agency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482

   That is a question that should be discussed with your Insurance Professional so that coverage can be customized to meet your specific needs.  In general, however, Physical Damage coverage, which includes both Comprehensive and Collision should be in place for a newer car.  If your company offers optional coverage extensionse such as the guaranteed use of original market parts, new car replacement or GAP protection for leased cars, these might be worth considering.  Liability protection is the next element.  This is coverage that protects you and your financial assets in the event that you are held legally responsible for damage to someone else's property or bodily injury.  Most states require a meinmum amount of liability coverage, but it is important to consider what your financial exposure actually is and then decide onteh amount of protection that is right for you.

   Answered on February 26, 2014

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