Maryland’s drivers are legally required to carry auto liability insurance. However, some circumstances may require a driver to carry more than liability insurance. It can be challenging to determine how much auto insurance you truly need. Our Ashley Insurance team understands that navigating auto insurance can be confusing for many Easton, MD drivers. As a result, we’re here to help.

What are the benefits of Auto Insurance?

In a nutshell, auto insurance can protect you financially and legally if you cause damage to someone else’s vehicle or property. It also covers the other driver’s medical expenses in case of an accident where you are at fault. Additionally, you can buy insurance that will pay for the repair or replacement of your own vehicle and your personal injuries. However, liability insurance is the only type of insurance that most states require drivers to have, but if you have an auto loan, you may need more coverage.

My car is ten years old. Is full coverage auto insurance a wise investment?

No. The value of your car continuously depreciates as time passes, and you increase your car’s mileage. As a result, a vehicle that’s a decade or more old is usually not a wise investment for full coverage insurance because the insurance cost usually exceeds the car’s appraised value after an accident. If you have questions regarding how much auto insurance you need, call us. We’d be happy to help.