How do you determine if you need full coverage when your car loan is paid off?

Answer

If the loans are paid in full and you have received the title(s) from the lenders, then it is totally your decision of what amount of coverage to have. Remember, it is now your vehicle 100%. If you can afford the higher coverage why not better protect yourself, family and vehicle? Check other agencies for same coverage but lower rates. Cleaning up your credit may even lower your insurance rates.

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