Reader’s Question:

Should I purchase full coverage on my 15 year old vehicle in West Virginia?

Ben

Charleston, WV

Yes, you can purchase full coverage on your 15 year old car with most auto insurance providers in West Virginia. Most insurance providers will let you to buy the least state minimum auto liability requirements and the Physical Damage coverages of Comprehensive and Collision.

If you are planning to purchase these optional coverages on your 15 year old vehicle make sure it is economical to do so. You need to determine the fair market value of your vehicle and check if the cost to get full coverage insurance on your vehicle will not cost more than the actual cash value of your automobile.

You may prefer to purchase the state minimum liability coverage with the insurance company in West Virginia and then buy a classic vehicle insurance policy for the physical damage.