why is auto insurance more expensive than value of my car?

The reason that auto insurance is more expensive than the value of your car is that auto insurance covers more than vehicle repairs. Auto insurance is more expensive than the value of your car so that it will cover damages or injuries to others. You should still compare auto insurance quotes with our tool below to make sure you are carrying the right amount of coverage at the lowest rates.

Free Car Insurance Comparison

Compare Quotes From Top Companies and Save

secured lock Secured with SHA-256 Encryption

UPDATED: Jun 6, 2022

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Free Auto Insurance Comparison

Compare over 200 auto insurance companies at once!

secured lock Secured with SHA-256 Encryption