How Much Car Insurance Is Enough?

how much car insurance is enough

By its very nature, insurance is a personalized necessity; since it is meant to protect your unique, specific assets, like your car, it should be customized to your unique, specific needs. When it comes to car insurance, however, you may be more apt to choose a less-comprehensive plan in an effort to shave costs, which, depending on your vehicle, may or may not be a good idea. Deciding how much car insurance is enough depends on asking yourself a few questions about your car, such as the likelihood that you will be in an accident, and the estimated ballpark value of repairing it.

Consider This

How Much Is Your Car Worth?

The year and value of your car are among the most influential factors in choosing how much insurance is adequate. The newer and more expensive your car is, the more expensive it will be to repair if you are ever in an accident. If your car is new, then we may recommend building a more comprehensive car insurance plan to protect you from the costs of repair or replacement.

How Often Do You Drive It?

By the law of averages, the more you drive your car, the more likely you will be involved in a car accident. By the laws of physics, the more you drive your car, the more wear and tear it will be subjected to. How often you use your car should play a significant role in building your insurance plan, since it directly affects your risks.

Do Other People Often Drive Your Car?

If a friend, family member, or loved one often drives your car, as well, then it would be advisable to add that person to your insurance coverage in case they are involved in an accident. If you momentarily lend your car to a friend who doesn’t routinely drive it, then you likely will not have to add him/her to your plan, since it won’t necessarily increase your overall risks.


With over 20 years of experience in the insurance industry, the Jeff Van Matre Insurance Agency can help you choose the right coverage plan to protect your personal and business assets and put your mind at ease. To learn more, or to get a free quote,  call our Carrollton office today at 972-492-8500.