W
hen you buy or lease a car, it's important to protect that investment. Getting auto insurance can offer reassurance in case you're involved in an accident or the vehicle is stolen, vandalized or damaged by a natural disaster. Instead of paying out-of-pocket for auto accidents, people pay annual premiums to an auto insurance company; the company then pays all or most of the costs associated with an auto accident or other vehicle damage.
Key Takeaways
- Car insurance is designed to protect you against financial losses if you're involved in an accident or the vehicle is damaged in some way.
- Most states require you to have minimum amounts of liability insurance coverage; some also require you to have other coverage types, such as uninsured motorist coverage.
- Premiums are what you pay monthly, biannually or yearly to maintain a car insurance policy while deductibles are amounts you pay when you file a claim.
- It's important to shop around for the best car insurance rates to find the right coverage for your vehicle at the right price.
“Because Safety is Nunber one Priority”
Why Auto Insurance is Necessary?
- Protect Yourself and Others
- Save Time and Hassle
- Peace of Mind
- Supplement Your Health Insurance
