Lower Your Deductible and Increase Your Liability
For private vehicles, the licence plate insurance deductible is $700 and liability coverage is only $200,000. Liability is by far the most important reason to buy a package policy.
With a package policy, you can lower your deductible from $700 to as low as $50 and increase your liability to $1,000,000 $2,000,000 $3,000,000 or higher.
If you have an accident with your car and you want to have the insurance pay for a rental car while it is being fixed, then you will need to add Loss Of Use Coverage.