Reader’s Question:

I’m thinking of buying a new car. What do I need to know about auto insurance here in Utah, and where can I get free online auto insurance quotes?

Dave

Salt Lake City, UT

Before you buy a vehicle, it is best that you research on the State of Utah’s auto insurance requirements first. This way, you will have an idea of how your future auto insurance premium will be assessed based on the make and type of your vehicle. You will also be well equipped with information on how to go about the vehicle registration process. Once you are at the Department of Motor Vehicles for vehicle registration, you will be asked if auto insurance has already been obtained. If not, then you will be required to show proof that you are financially capable of shouldering all the costs following road accidents that you may possibly cause. This may be through posting bonds equivalent to the minimum auto insurance requirements. It can also be by cash deposits equal to the minimum levels of auto insurance. Most motorists prefer obtaining auto insurance, though.

Since Utah is a no fault state, not only is the minimum liability for bodily injury and property damage insurance required, but no fault insurance, as well. This is actually the Personal Injury Protection (PIP), which is there to cover for all medical payments and replacement services following traffic accidents. If your car will be financed, then you will be obliged to get the Collision and Comprehensive Insurance as this is the financing company’s guarantee that the actual cash value of the vehicle will be paid for after an accident where the financed vehicle is totally wrecked. This auto insurance needs to be maintained until such time that the automobile has been fully paid for.

Free online auto insurance quotes are quickly available in any Utah accredited auto insurance company website. Input as accurately and completely as possible the requested information on the online form, and an estimate of your premium rate will appear. It would be advisable to go through as many websites as possible, so you can get a good idea of the price range. Make sure you get free online auto insurance quotes for the same type of coverage in order to make a clear comparison. With enough options on hand, you can now make a better decision on what provider and type policy you’ll need to choose.

Tags: collision insurance coverage, comprehensive insurance, DMV, liability insurance, no-fault insurance