Thursday, September 24, 2009

You Must Have Auto Insurance Coverage

By Ken Henry

No matter where you live, you must obtain auto insurance on any vehicle that you own that is driven on the highway. No vehicle is permitted to drive down the highway without insurance coverage. If you get caught, plan on receiving a ticket, a fine, and even a court date.

You can purchase auto insurance from a large variety of different companies. It is easy to obtain and there is no excuse for not having insurance coverage on your vehicle. You can choose to pay for the insurance either monthly or once a year. The amount of money that you will have to pay for the insurance will be determined by your driving history, your age, and the vehicle that is to be insured. Full coverage insurance will cost more than liability insurance as well.

Full coverage insurance will cost more money. However, it is the better value because it will ensure that everything is covered in the event of a wreck. Full coverage insurance can purchase you a new vehicle or pay to fix the vehicle involved in the accident. It can also cover the other vehicle if the wreck was your fault. With full coverage insurance, make sure to obtain uninsured motorists coverage. That way, if you have an accident where the other party involved does not have insurance, you will still be covered. Full coverage insurance also will pay for the hospital bills of yourself, and the other party involved (if the wreck was your fault).

Liability insurance is a cheaper way to go. It is primarily used whenever the vehicle you are driving is paid for completely. There is no lien with a financial institution on the vehicle. It is the minimum amount of coverage that you can obtain. If you do have a wreck, liability insurance will not purchase you a new vehicle. It is there to pay for the other vehicle and/or hospital costs if the accident is your fault.

Making sure that you have auto insurance coverage is your responsibility. It is your responsibility to call the insurance company to obtain insurance on the new vehicle whenever you purchase a new vehicle or trade for one. At the same time, you will drop coverage on the old vehicle that you either traded or quit driving.

To obtain auto insurance, contact your local insurance agency or visit an auto insurance agency on the Internet. There are some companies that completely do business through the Internet.

Purchasing auto insurance for your vehicles is easy. Make that phone call or click your mouse to get the coverage you need today. - 2368

About the Author:

0 Comments:

Post a Comment

<< Home