This question is asked by almost every consumer who buys car insurance and has a vehicle that may be 5 or more years old.

At some point, you begin to wonder if the cost of full coverage car insurance is worth it since you may have never had a claim on that car.

The first step in making this decision is to get an accurate vehicle value from a service such as Kelley Blue Book.

In order to license your car, you must prove your financial responsibility by providing proof of liability insurance to your state licensing department.

What are you required to carry liability insurance on your car?

It’s really quite simple. Liability insurance protects OTHER people when you drive your car. So imagine a society where no liability is required in order to drive a 5,000 pound vehicle at 75 miles an hour.

You may have heard the term ‘deductible’ used by your agent or car insurance company, but maybe you never knew exactly what it meant until you had a claim.

A deductible is essentially the amount of money you agree to pay BEFORE your insurance company will pay any portion of a claim.

Your tires take a lot of abuse and you may eventually find yourself with a flat or damaged tire from a road hazard such as a pot hole, a sharp object or a curb.

If you’ve had to replace a tire, you know that a new tire with mounting and balancing can cost anywhere from $80 up to several hundred dollars depending on the cost of your tire.