Your car is likely one of the
most expensive things you own. Auto insurance protects your
investment and guarantees you a way of coping with the
expense of accidents, vandalism or theft. It also secures
your financial responsibility to the institution lending you
money to buy your vehicle.
When you drive you are
responsible for the safety of your passengers, your fellow
drivers, other people's property, pedestrians and yourself.
Auto insurance helps ensure your ability to cover the costs of
potential damages or injuries.
You are also required to be
financially responsible by state laws, which are best
satisfied through your insurance coverage. In most states
auto insurance is a prerequisite to registering your car. So if
you want to drive your own vehicle, you must be insured.
