Car Insurance -- Things You Ought To Know
Car insurance is a contract between you and the insurance company. Under the contract, the insurance company agrees to pay your losses if your car meets with an accident. In exchange, you agree to pay the premium.
Car insurance provides property, liability and medical coverage. Property coverage pays for damage to or theft of your car. Your legal responsibility for bodily injury or property damage caused by your car is taken care of by liability coverage.
The cost of treating injuries, rehabilitation and sometimes lost wages and funeral expenses are taken care of by the medical coverage.
The validity of most car insurance policies is six months to one year. When the validity is over, you must renew the policy.
All states require you to have some form of car insurance if you own or operate a car.
The penalty for driving a car without insurance is different in different states. In some states, your car will be impounded. Heavy fines are imposed in some states. If your car is involved in an accident without insurance, the consequences can be serious. You may have to comply with the financial responsibility laws including having to pay for any injuries or damages out of your own pocket.
Your credit history, the age and type of your car will play an important role in determining the rate you have to pay for car insurance.
As the owner of a car, you are responsible for providing insurance for the car, no matter who is operating the car. Your car will be operating illegally if it does not have insurance.
The most important route to reasonable savings in auto insurance is comparison shopping -- Given that you do it correctly.
You can get quotes that will have a difference that exceeds $2,000. - 2368
Car insurance provides property, liability and medical coverage. Property coverage pays for damage to or theft of your car. Your legal responsibility for bodily injury or property damage caused by your car is taken care of by liability coverage.
The cost of treating injuries, rehabilitation and sometimes lost wages and funeral expenses are taken care of by the medical coverage.
The validity of most car insurance policies is six months to one year. When the validity is over, you must renew the policy.
All states require you to have some form of car insurance if you own or operate a car.
The penalty for driving a car without insurance is different in different states. In some states, your car will be impounded. Heavy fines are imposed in some states. If your car is involved in an accident without insurance, the consequences can be serious. You may have to comply with the financial responsibility laws including having to pay for any injuries or damages out of your own pocket.
Your credit history, the age and type of your car will play an important role in determining the rate you have to pay for car insurance.
As the owner of a car, you are responsible for providing insurance for the car, no matter who is operating the car. Your car will be operating illegally if it does not have insurance.
The most important route to reasonable savings in auto insurance is comparison shopping -- Given that you do it correctly.
You can get quotes that will have a difference that exceeds $2,000. - 2368
About the Author:
Start saving a lot at Safe Auto Insurance and Really Cheap Auto Insurance. Chimezirim Odimba writes on insurance.
posted by Frank Potter at 1:37 AM
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