Congratulations! Paying off your auto loan is a major milestone! Now that you own your car, should you keep comprehensive coverage? Before removing it from your policy, consider the pros and cons. Our expert team at EasTex Insurance, serving Tyler, TX, is here to help you make this decision.
What Does Comprehensive Coverage Mean?
Comprehensive insurance pays for damage to your vehicle caused by events other than a collision. These include fires, theft, vandalism, hail, falling trees, floods, and even animals. Unpredictable, unexpected events happen and are costly. If you don’t have comprehensive coverage, you have to pay for all the repairs.
Keeping Comprehensive Insurance Makes Sense
It’s great that your loan is paid off and you own your vehicle. Keep in mind that its value and your investment still matter. Comprehensive insurance is more affordable than you might think. It provides peace of mind that if any of these unfortunate and unexpected events happen, you have protection. Texas is known for severe weather and natural disasters, which you can’t control. But you can control your insurance coverage.
Protect Your Investment and Your Peace of Mind
If you rely on your vehicle to get to work, school, and errands, it’s smart to keep your comprehensive coverage. This is especially true if your car holds value. An affordable premium will protect you from the possibility of having to pay hundreds or thousands out of your pocket.
Contact EasTex Insurance for Personalized Coverage
EasTex Insurance is here to help you compare the pros and cons of keeping your comprehensive insurance. Contact us. We’re currently serving Tyler, TX..
