Car shoppers today are taking more time and doing more research before choosing their car, but unfortunately, they are not putting in the same amount of research with their auto insurance.

According to a new survey from Insurance.com, less than one-third of surveyed drivers had a basic comprehension of insurance coverage and terms. Many drivers struggled with insurance terminology. Only 2 percent knew what was covered in “comprehensive coverage,” and only 7 percent were aware of insurance discounts available to drivers. Even more baffling, surveyed drivers who took the time to read their whole policy scored the lowest.

One of the problems is the language used by insurance companies. It seems like “comprehensive coverage” should include collision with another car. In actuality, it covers a variety of circumstances including theft, accidentally hitting an animal, and fire, but an accident with another car is under collision coverage, not comprehensive coverage. Confusing contract language can get a driver in trouble if they think they are covered in an accident but are not.

NBC News recommends that drivers looking for insurance should avoid the online route and instead sit down with an insurance agent. An insurance agent will be able to explain any confusing language and help you get the right coverage to fit your needs. Buying insurance online might seem more convenient, but in the long run, you want insurance that will work for you, not the insurance that is most convenient.

Are you ready to get into a new or used car today? Approved Loan Store wants to help YOU! Good credit, bad credit, no credit, we will work with you to get the car you want at terms you can afford! Get started today by filling out our secure online auto loan application here, and for more auto news and buying tips, like Approved Loan Store on Facebook, follow Approved Loan Store on Twitter, and subscribe to Approved Loan Store on YouTube!

Image courtesy of Naypong / FreeDigitalPhotos.net