State minimum insurance is designed to meet the law, not to protect your finances! | Leliaert Insurance Agency
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State minimum liability coverage checks the legal box, but real-world costs can easily go beyond that. 🛡️🚗✔️ Some drivers choose higher liability limits because medical care and vehicle repairs can add up quickly in the event of an accident. Reviewing your limits is an easy way to make sure your coverage still fits your needs and budget. Want to go over your coverage options? Talk to your local insurance agent today! #AutoInsurance #LiabilityCoverage #InsuranceDefinitions #ProtectWhatMatters |
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Would You Put A MINIMUM OR 20% DOWN? 🟢 Pros of Buying with Minimum Down • Enter the market sooner no need to wait years • Lock in your home price before values rise. • Lower Insured mortgage Interest rate. • Start building equity NOW. 🔴 Cons of Minimum Down • CMHC Insurance is an added expense. • Higher mortgage amount more interest over time. • You need a hiqher income to qualify. • Smaller initial equity in your home. 🟢 Pros of 20% Down • No CMHC Insurance means upfront savings. • Lower mor
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