Article: Car insurance // By examining the policy, you may find ways to cut costs

In these days when car insurance premiums can soar up and up, it's time to take a close look at exactly what's in your policy. Maybe you'll discover some items you can cut down on or eliminate altogether.

A car insurance policy protects you from a collection of risks. Think of each policy as several contractual agreements.

LIABILITY

Liability coverage is mandatory in 39 states and is the cornerstone of any policy. It protects you from the bills, up to a set dollar amount, you may be required by law to pay for injuries or property damage you cause to others.

Carry too little liability and you risk losing your home and wages to settle a claim. Liability does not cover your own ...

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