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QuestionInsurance Question  I am going to buy a vehicle and finance it and will need full coverage. When applying for the quote, do I choose "Minimum Bank Required"?

AnswerAuto Insurance Answer

By selecting "Minimum Bank Required" the coverage fields will be populated with the minimum liability requirements of your state along with physical damage coverage (comprehensive and collision) with a $500 deductible on each.

We no longer offer this coverage package on our site. We have simplified the process. Any vehicle that is leased or financed will include physical damage in the package. If you do not need physical damage, you have the option to remove the physical damge for your quote.

The finance company and most insurance companies require that you carry comprehensive and collision if your vehicle is leased or financed.

You can get a direct insurance quote here to see how much it will cost you.

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