Grandma’s final photo of granddaughter minutes before she’s killed

 

Download Article 

 

If you own an automobile, chances are you have auto insurance. But even if you don’t, odds are you’ll need it at some point in the future. Auto insurance will protect you financially in the event of accidents, theft and other unforeseen mishaps involving your car. An investment in auto insurance can save you from large financial burdens that could result from any of these events; such as expensive repairs or hospital bills if you injure yourself in an accident, or the costs of replacing your vehicle if it’s stolen or destroyed by fire or natural disaster.

If you’re driving in the United States, it’s hard to get by without auto insurance (even if you’re riding bikes everywhere). And even if you don’t drive, your taxes probably pay for the insurance of others on the road, so that they can have peace of mind in case they get into an accident. Insurance is an important thing to have, whether you own a car or not—here are some basic facts about auto insurance and why it’s necessary to have it.

 

Reasons to get an auto insurance

1. You are much more likely to have an accident if you drive.

2. Auto insurance rates depend on the type of vehicle you drive and the risk factors associated with your zip code.

3. Even though auto insurance rates can be expensive, they're still less than car repair costs or medical expenses if you get into an accident and have no coverage.

 

What you should look for in an auto insurance provider

Choosing the right auto insurance provider can be confusing with all of the different types of coverage and pricing available. Though there are many factors to consider.

here are some tips to help you narrow down your options:

1) Know what type of coverage you need. If you commute long distances or live in an area with heavy traffic (or both), it may be worth paying extra for higher coverage limits.

2) Be aware of the deductible. A high deductible will typically lead to lower monthly payments but make sure you have enough money saved up in case something happens.

3) Consider your driving history. If this is your first time buying auto insurance, it may not be too bad as long as your driving record remains clean.

 

Tips on how to save money on auto insurance

1) Insure your vehicle with the company that has the best rates.

2) Compare different insurance companies to find the best possible rate.

3) If you have an older vehicle with no antilock brakes or airbags, consider dropping these options in order to save on your monthly premium.

4) If you are leasing your vehicle and do not own it outright, then you should consider removing collision coverage from your policy because this will lower your monthly premium by up to $50.

5) You can also save money on your monthly premium if you insure both cars under one policy and remove comprehensive coverage for one of them because this will lower the premiums by about $10 per month.

 

Why Do I Need Car Insurance?

Every driver in the United States needs to have liability car insurance. Liability insurance covers your legal responsibility for damages that result from a car accident where you are at fault. This coverage will pay for the other driver's medical bills and property damage as well as your defense costs if you're found guilty of wrongdoing. If you're sued for more than your policy limits, you could lose everything-even your house. Liating with Uber or Lyft? You still need car insurance! As an Uber or Lyft driver, you'll need to carry commercial auto insurance which differs from personal car insurance in terms of coverage and costs.

 

What Type of Coverage Do I Need?

Car insurance protects your vehicle and your finances in the event of an accident. Your auto policy pays for damages to your car when you're in an accident with another driver. It also covers any medical bills you might incur as a result of the accident. If you are uninsured or underinsured, then the at-fault driver's liability insurance will pay for your medical expenses and car repairs.

The problem is that most drivers do not have enough liability coverage to adequately protect themselves from financial ruin if they cause an accident. In fact, many drivers have less than $25k in coverage, which means that if they cause an accident and suffer injuries worth more than $25k, then their personal assets are on the line.

 

How Much Should I Budget for Coverage?

The amount of coverage you need to purchase depends on your vehicle and the risk that you pose to others. If you are an experienced driver with minimal accidents or traffic violations in the past five years, it might make sense for you to purchase liability-only coverage. Liability-only coverage will cover damages caused to other people’s vehicles and property when driving your vehicle. On the other hand, if you have a newer car or one worth more than $1 million dollars, it may be wise for you to increase your coverage by purchasing collision and comprehensive coverage. Collision and comprehensive insurance covers damages to your own car when driving it as well as in case of theft or vandalism.

 

Where Can I Find Discounts on Car Insurance?

There are many ways to find discounts on car insurance. The easiest way is to compare rates from different companies. You can also get discounts by bundling your auto and home insurance with one company or by paying for your premiums in full every month.

Car insurance protects you from financial loss in the event of an accident. If you're driving without car insurance and get into an accident, your injuries could be devastating because you wouldn't be able to afford medical care. Without car insurance, you can also lose your driver's license and suffer damage to your credit score.

Plus, if the other party in the accident has no insurance or doesn't have enough coverage to compensate for all damages, they might sue you to recover their losses.

Car insurance provides protection so that these types of unfortunate events don't happen to you.

 

Auto Insurance isn’t just a nice-to-have – it’s a necessity, and the longer you go without it, the more you put yourself and your loved ones at risk. In this blog post, we discuss why auto insurance is so important, as well as how to find the best rates and coverage to fit your needs.