Who Needs Auto Insurance.

Every Driver needs to have an auto insurance. We need auto insurance protects you against financial loss if you have, or your vehicle is involved in an accident. It is a legal contract and agreement between you and the chosen insurance company. The policy holder agrees to pay the premium and the insurance company agrees to pay your losses as stipulated and defined in your insurance policy. Auto insurance provides property coverage, liability coverage and medical coverage: The property insurance coverage pays for damage to or theft of your car. The liability coverage of your auto insurance policy pays for your legal responsibility to others for bodily injury or property damage.

The medical coverage of your auto insurance policy pays for the cost of treating injuries, rehabilitation and sometimes lost wages. An insurance policy is comprised of five or six different kinds of coverage. Most states require you to buy some, but not all, of these coverages. If you're financing a car, your lender may also have requirements. Most auto insurance policies are for a minimum of six months to a year. Your auto insurance company should notify you by regular mail when it’s time to renew the policy and to pay your insurance premium. Before one need to do homework, check around, call different insurance companies, check with your banks, lending companies. Be safe, make sure you have enough coverage's In addition get towing coverage, especially if you are buying a used Car/Truck/RV I was an Insurance Agent for Prudential Insurance Company of America, So, I know and I tell my client to carry sufficient insurance for your home/Autos/Rental Insurance for your apartments if you live in an Apartment or Condo, as well one must have enough coverage on health insurance. This is a big subject I can write a book on various insurance policies.