What Makes Auto Insurance So Necessary?
Car insurance is mandatory, but is it necessary? An average of one in eight drivers choose to forgo it altogether, and sadly, for that one out of eight, the perks of good auto insurance reveals itself only when they need it the most. If you’re still considering skipping out on insurance, find out how it protects your livelihood, your ride, and your wallet. Here are five good reasons why you need car insurance.
Pay a Little, Save a Lot
Annually, there are six million car accidents in the United States alone. An accident not only will cost you money, but it will cost you a lot of headache if you’re not insured. It may also cost you your freedom. Paying that monthly auto insurance bill now will save you from having to shell out thousands for vehicle damage, property damage, and more.
Saving Time If an Accident Does Occur
If you have auto insurance, your insurer will help you get through the post-accident blues, such as working with another driver’s insurer, getting your claim processed quickly and fairly, and getting your vehicle up and running again. If you do hit a proverbial bump in the road, the insurance company may be able to get you a rental car and help recover other additional costs through your policy’s motorist coverage.
Peace of Mind
The motto of “everyone on the road is an idiot except for you” still holds a significant amount of truth. Drivers are unpredictable, and you never know when an unavoidable accident can happen. When you have car insurance, you have the peace of mind knowing that your wheels are properly covered.
It’s the Law
This may seem like an obvious reason to have health insurance, but still some folks choose to opt out of this necessity. Most states require drivers to carry a minimum amount of auto insurance in the form of liability coverage or financial responsibility bonds. Driving without insurance will not only cost you in fines, but you may end up losing your driving privileges all together or end up in jail.
As you can see, having car insurance isn’t just a luxury, it’s a necessity.
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