You have to make a decision about the type of coverage you want for your Santa Fe. While you are obligated to carry a minimum level of liability insurance, you could opt for full coverage that provides additional protections. The downside is that full coverage costs more.
You can expect your monthly premium to vary based on a few factors. However, the type of vehicle you are insuring will play a major role in determining what your policy costs.
The benefit of full coverage car insurance is that it shields you from liability when you cause an accident and pays your damage claims following a crash. Full coverage includes liability, collision, and comprehensive coverage.
Liability insurance is a basic type of policy that only pays for the damage you cause to other drivers. It does not include the cost of your own losses.
In order to get compensation for your own losses in an accident, you will need something more than liability coverage. This could include collision coverage, which pays for your damage when you are in any kind of collision. You could also secure comprehensive insurance that pays for your damages that result from something other than collision. This could include things like weather damage or vandalism.
State Minimum Liability
Every state mandates drivers to purchase a certain amount of liability insurance. These policies ensure that drivers have a path to compensation when they are in an accident through no fault of their own.
The amount each state requires drivers to carry can vary. Typically, these laws require drivers to have a minimum amount of bodily injury coverage per person, bodily injury coverage per crash, and property damage coverage per accident.