When shopping around, or indeed buying car insurance for the first time, it makes sense to know what kind of policy would best suit your circumstances. This particular issue centres around what you are driving and for what reason.

However, the economic crisis isn’t faced by consumers alone. Many companies are struggling, and you can see this by watching the news and reading about job layoffs, companies merging, and even companies closing their doors because they can’t stay afloat. Insurance companies aren’t immune to this financial crisis, and they are experiencing just as much effect from the economy as everyone else. State Auto, a property and casualty company out of Columbus, Ohio, is one of many companies losing money as of late. They reported a $14.7 million third-quarter loss of income, which is a big loss for a company like this. It’s great that insurance companies are willing to help out consumers, but what will it cost them to do so?

Again, this could be a choice for those motorists whose cars do not cost a lot. It is not the most expensive product, so might be suited to younger drivers who find the cost of a more sophisticated insurance product prohibitive.

If you want the most comprehensive car insurance - ie one that covers just about everything - then you should consider a Fully Comprehensive policy. This is not the cheapest of options, but if you have a reasonably expensive vehicle, then this will give it the ultimate protection.