Auto Insurance explained
What makes auto insurance so important to have? Drivers often ask this question. There are a couple of really good reasons to maintain your auto insurance. First, it is the law! The second and most important reason is that it could potentially protect your finances.
Lawmakers in every state believe it is important to maintain auto insurance and they have very valid reasons behind it. They have expensive fines and actions they take if you choose to ignore it. Still many people still ignore the laws set forth in regards to auto insurance.
Many of these people that chose to disreagrd the laws can often pay a huge preice for doing so. Many consumers purchase uninsured motorist coverage just to protect themselves from these kind of drivers. Because I am sure like everyone else you have hear the horror stories.
If you choose to go uninsured and you cause an accident you will not be excused from paying all the damages you cause. Many states will suspend you license if you do not pay. Some other expenses invlolved are towing of your vehicle, impounding and fines to the court, court cost for damages.
There are 6 different kinds of coverage that you can purchase. First, is the most common limit set forth by the state. Bodily Injury liability. This coverage will pay for any one that you or a designated driver of your vehicle may harm in an accident. The state minimum however is often not enough coverage. Medical bills can be very expensive.
If you are interested in covergae that also covers you and your passengers medical expenses you would want to purchase PIP or Personal Injury Protection. Another coverage that your state may say you must have is Property Damage Liability, which covers structure, tress, post and things like that.
If you want to protect your auto from a collision you would purchase Collision Coverage. Collision will cover your vehicle if any damage is done to it and it is your fault. If you want to be covered in case a tree should fall on your auto or hail damages you car you would want Comprehensive coverage.
Too many people only purchase the minimum amount of coverage that the state requires and often that is not adequate coverage. So you may want to purchase under insured motorist coverage for your protection. Then the insurance company will pay what ever the other persons insurance does not if damages exceed their coverage. - 2368
Lawmakers in every state believe it is important to maintain auto insurance and they have very valid reasons behind it. They have expensive fines and actions they take if you choose to ignore it. Still many people still ignore the laws set forth in regards to auto insurance.
Many of these people that chose to disreagrd the laws can often pay a huge preice for doing so. Many consumers purchase uninsured motorist coverage just to protect themselves from these kind of drivers. Because I am sure like everyone else you have hear the horror stories.
If you choose to go uninsured and you cause an accident you will not be excused from paying all the damages you cause. Many states will suspend you license if you do not pay. Some other expenses invlolved are towing of your vehicle, impounding and fines to the court, court cost for damages.
There are 6 different kinds of coverage that you can purchase. First, is the most common limit set forth by the state. Bodily Injury liability. This coverage will pay for any one that you or a designated driver of your vehicle may harm in an accident. The state minimum however is often not enough coverage. Medical bills can be very expensive.
If you are interested in covergae that also covers you and your passengers medical expenses you would want to purchase PIP or Personal Injury Protection. Another coverage that your state may say you must have is Property Damage Liability, which covers structure, tress, post and things like that.
If you want to protect your auto from a collision you would purchase Collision Coverage. Collision will cover your vehicle if any damage is done to it and it is your fault. If you want to be covered in case a tree should fall on your auto or hail damages you car you would want Comprehensive coverage.
Too many people only purchase the minimum amount of coverage that the state requires and often that is not adequate coverage. So you may want to purchase under insured motorist coverage for your protection. Then the insurance company will pay what ever the other persons insurance does not if damages exceed their coverage. - 2368
About the Author:
Have broker and writer Jeff Cline help you get the best car insurance for you. He can make sure you have what you need. He can also help you with your individual health insurance needs as well. Give him a call today he is ready to assist you in geting the best plans. Call toll free 866.526.9669.
posted by Frank Potter at 2:35 AM
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