Experts Recommend You to Never Skimp on These Things

WHAT EXPERTS RECOMMEND

Richardson recommends adding comprehensive and collision coverage (if you have a vehicle that hasn’t depreciated significantly), uninsured motorist coverage and ample liability coverage.

Chris Long, an insurance agent and founder of Longevity Insurance Brokers in Denver, Colo., said, “More complete coverage does not have to be more expensive.”

You can keep costs down by getting a discount for bundling multiple insurance policies — such as auto and home insurance — with one company. Long also recommends asking your insurer about discounts for factors such as a good driving record or good grades earned by teen drivers.