If you have purchased a new car, it is obvious that might be interested in buying insurance and depending on your level of confidence, comfort and budget. However, the decision making process when it comes to used cars purchased insurance is different when compared to buying new car insurance. First, the age of the car largely decide whether you should go for used car insurance. Coverage if a car is very old, their market price are reduced significantly and therefore pay a premium for coverage of theft or totaled car does not make financial sense. This is because even if you pay the premium, the compensation was car you receive will be much lower and in some cases lower than the amounts of insurance premium you have paid. Similarly, the chances...