There isn't a single person who drives that does not have auto insurance. There are some exceptions, but for the most part, if you get caught driving without it, you can be in a lot of trouble. There are many states that will not allow you to register a vehicle unless you can prove that you have current insurance on that vehicle.
It is a requirement that if you buy a new automobile or truck or anything you drive that you make payments on you have to have full coverage insurance on it. However, those that own a car or truck outright can choose what they want, and some go with liability insurance only. Choosing liability insurance is usually pretty cheap, but it's not always a good idea.
Any auto insurance coverage that you select should have liability insurance. liability insurance is used to cover any damages that are your fault if there is an accident.
This is the bare minimum that you can get when you buy. If you didn't have liability insurance and got into an accident, you would be responsible for all the damages out of your pocket. If you have the liability insurance, your insurance company has to pay, though you may have a deductible that you must pay on your own. It really depends on your policy and your insurance company.
If it is your determination to just acquire liability insurance, your insurance company won't be bound to give you any money to get your vehicle fixed if somebody else does the damage. They should, by rights, have liability insurance as well, and that money will come from their insurance company. However, you never know what is going on with anyone on the road, and some do drive without insurance. if a person driving without insurance got into an accident with you would be out of luck getting any money out of them.
You can take them to court, of course, but if they don't have sufficient money to buy the insurance for liability, they in all probability will never pay any judgment against them.
It is always wise to have full coverage insurance on any vehicle, but there are times when this is too expensive. Lots of times kids just starting out life, have this bare minimum coverage, but they also don't have a vehicle that's worth very much. As they get older though, and can afford a more expensive and reliable car, it is wise for them to have more than just liability insurance. just as when you purchase a home or life insurance policy, you must always take into consideration things that could happen because tragedy could happen at any moment .
If it is in your ability always try to get the most possible coverage for yourself because if you ever need it you will be happy you did.
It is a requirement that if you buy a new automobile or truck or anything you drive that you make payments on you have to have full coverage insurance on it. However, those that own a car or truck outright can choose what they want, and some go with liability insurance only. Choosing liability insurance is usually pretty cheap, but it's not always a good idea.
Any auto insurance coverage that you select should have liability insurance. liability insurance is used to cover any damages that are your fault if there is an accident.
This is the bare minimum that you can get when you buy. If you didn't have liability insurance and got into an accident, you would be responsible for all the damages out of your pocket. If you have the liability insurance, your insurance company has to pay, though you may have a deductible that you must pay on your own. It really depends on your policy and your insurance company.
If it is your determination to just acquire liability insurance, your insurance company won't be bound to give you any money to get your vehicle fixed if somebody else does the damage. They should, by rights, have liability insurance as well, and that money will come from their insurance company. However, you never know what is going on with anyone on the road, and some do drive without insurance. if a person driving without insurance got into an accident with you would be out of luck getting any money out of them.
You can take them to court, of course, but if they don't have sufficient money to buy the insurance for liability, they in all probability will never pay any judgment against them.
It is always wise to have full coverage insurance on any vehicle, but there are times when this is too expensive. Lots of times kids just starting out life, have this bare minimum coverage, but they also don't have a vehicle that's worth very much. As they get older though, and can afford a more expensive and reliable car, it is wise for them to have more than just liability insurance. just as when you purchase a home or life insurance policy, you must always take into consideration things that could happen because tragedy could happen at any moment .
If it is in your ability always try to get the most possible coverage for yourself because if you ever need it you will be happy you did.
About the Author:
This article was penned by Frank Froggatt, an authority on car insurance. If you would like more FREE valuable information on price comparison car insurance then visit my website at www.pricecomparisoncarinsurance.com
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