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What are 3 reasons you need auto insurance?

What are 3 reasons you need auto insurance?

Why Do You Need Car Insurance?

  • To compensate you for an accident caused by someone else.
  • So you can compensate someone else for an accident you caused.
  • To get your car fixed no matter who’s fault the accident is.
  • To protect your assets.
  • To protect your auto lender.
  • It’s required by state law.
  • Summary.
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What is the benefit of having auto insurance?

Auto Insurance Helps Protect Your Passengers Medical payments coverage and personal injury protection may help pay for your medical bills if you’re injured in an accident. It also may help cover your passengers’ expenses due to the accident. This coverage may help pay for hospital visits, doctor bills and surgery.

Why is it important to have insurance on your car?

Having car insurance is a legal requirement and with the right level of cover, provides financial protection in the event of your vehicle being damaged. It will also provide cover for injuries to other drivers, passengers or pedestrians, and their property.

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Why you should have auto insurance?

If you’re injured in a car accident and have insufficient health insurance (or none at all), car insurance can help. Most insurers offer coverages that cover injuries you sustain as a driver or passenger (and in some states, personal injury protection coverage is required).

Why having car insurance is important?

Car insurance is important as it helps protect you and any other person involved in accident from unforeseen body harm expenses. Accidents are unavoidable in most cases and having car insurance will help ensure that your medical expenses are covered just in case.

Why do auto insurance companies drop customers?

Failure to make premium payments on time is a big reason why auto insurance companies drop customers. Typically, this isn’t something that happens because your check was delayed in the mail by one day. Most auto insurance companies provide a grace period for their customers, but this can vary by company and state.

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