Comparing Car Insurance Quotes: Mandatory Delaware Coverage
As with many other states, the mandatory insurance coverage for car owners in Delaware is very low. They must carry bodily injury protection in the amount of $15,000 per person and $30,000 per accident to cover third party injury or death. $10,000 in property damage liability must also be carried. In addition, PIP or personal injury protection in the amount of $15,000 per person and $30,000 per accident must also be carried to cover medical expenses, as well as incidentals like lost wages for the driver and passengers of the vehicle.
Comparing Car Insurance Quotes: Suggested Delaware Coverage
The mandatory amounts listed above are higher than in many other states but they are still not sufficient. They are, in reality, minimums and should be regarded as such. Most insurance professionals agree that a more reasonable limit of coverage to carry is actually $100,000 bodily injury liability and PIP per person; $300,000 total per accident and a $100,000 property damage limit per accident.
Uninsured motorist coverage is another form of coverage that is highly recommended for motorists to carry. Delaware's percentage of estimated uninsured motorists is on the low side at only 10.8%, with some states as high as 28% and others as low as 4.5%. However, this still means that you have about a 1 in 10 chance of being involved in a car accident with an uninsured motorist, which is a good reason to carry this coverage.
Personal property damage coverage is necessary if you have a vehicle that is financed. Your lender will require you to carry both collision and comprehensive coverage. Collision will cover costs for repair or replacement if you are at fault in an accident. Comprehensive covers your vehicle for primarily non-moving perils like fire, theft and storm damage, to name a few. Even if your vehicle is not financed, you should consider these types of coverage if the value of the vehicle warrants it. Even though Delaware is number ten in the list of the fewest motor vehicle thefts by state, with just under 2000 cars stolen in 2009, the risk is still there.
Comparing Car Insurance Quotes from Delaware Providers Makes Sense
Be sure to shop around and compare multiple companies before taking out your next policy. Just a quick online search can save you a lot of money. Let InsuranceBestPrices.com help you find the ideal coverage for you by doing the hard work necessary in comparing car insurance quotes! Get it now!
