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Why You Should Have Auto Insurance

Protect Yourself Financially in Case of an Accident

Even if you’re the safest driver around, you need car insurance. Why? Because accidents happen, and when they do, insurance protects you financially.

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Medical bills

If you’re in an accident, the costs can skyrocket fast. Ambulance fees, emergency room visits, surgery, physical therapy – it all adds up quickly. Without insurance, you’re on the hook for all those medical bills out of pocket.

Vehicle repairs or replacement

If your car is damaged or totaled in an accident, how will you pay for repairs or buy a new one? Comprehensive and collision coverage, which are required by most states, help pay for repairs or replacement so you can get back on the road.

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Lawsuits

In a worst-case scenario, you could face a lawsuit from the other driver or passengers. Liability coverage helps protect you financially in case you’re found legally responsible. Lawsuits can cost tens or even hundreds of thousands of dollars.

License and registration

If you can’t provide proof of insurance when pulled over or after an accident, you could face hefty fines, license suspension, or even jail time, depending on your state’s laws.

While no one likes paying for insurance, the potential costs of driving without it are astronomical. For most drivers, the peace of mind that comes with having coverage is well worth the price.

READ ALSO: Does Auto Insurance Follow The Car or The Person?

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It’s Required by Law in Most States

In most states, it’s the law that all vehicles on public roads have auto insurance. Even if you’re the safest driver around, accidents happen and insurance protects you financially.

Costs Can Add Up Quickly

Without insurance, even a minor fender bender can cost thousands to repair. And if the accident is your fault? The other driver’s costs are your responsibility too. Medical bills, lost wages, vehicle repairs – it all adds up fast.

Do you have a few hundred grand sitting around just in case? Probably not. Insurance shields you from potential financial devastation.

You Can Lose Your License and Registration

Driving without insurance is illegal. If caught, you’ll face heavy fines, license suspension, and possibly even jail time. Some states may impound your vehicle on the spot.

Rates Are More Affordable Than You Think

Many factors determine your premiums like age, driving record, and vehicle type. Shop around at different companies and you may find cheaper rates than expected. Look for discounts you may qualify for like safe driver, student, or bundling with your homeowner’s policy.

While no one wants another bill to pay each month, auto insurance gives you financial security and peace of mind behind the wheel. A little money spent now can save you a whole lot of money – and hassle – later on.

READ ALSO: Why Auto Rate Insurance Rate Are Going Up

Additional Benefits Like Roadside Assistance

Having car insurance provides peace of mind in case of unexpected events, even for careful drivers. Beyond the basic coverage, many policies offer useful additional benefits.

Roadside Assistance

Most major insurers provide 24-hour emergency roadside assistance for things like towing, flat tire changes, gas delivery, and battery jumps. This can save you time and money compared to calling for a tow truck yourself. Some plans allow a certain number of free roadside calls per year, while others charge a small fee per use. Either way, it’s good to know help is just a phone call away in case of a breakdown or accident.

Additional coverage for rental cars, travel expenses or vehicle replacement may also be available for a nominal charge. While you hope to never need these kinds of additional services, it’s comforting to have the option if an unfortunate situation arises.

Comprehensive and collision coverage aren’t the only reasons to buy auto insurance. The additional benefits that come standard with most policies provide an extra layer of protection and support. As a careful driver, you do everything you can to avoid accidents and issues on the road. But in the event of unforeseen circumstances outside of your control, your insurance provider will have your back to get you back on the road as quickly as possible.

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