What is the Importance of Car Insurance?
Most of the people don’t know the importance of insurance. Majority of the new drivers consider car insurance as an unwanted expense majorly because of the high premium involved. In this article, we note down some of the reasons why car insurance is important.
Most of the stats require you to carry car insurance in your vehicle of certain amounts. The insurance amount of the car depends from vehicle to vehicle and also from state to state.
The type of insurance you will have to carry will be mandated by the state. Some state would want you to just carry insurance for liability while other may require more.
As a driver, you should be aware that if the authorities pull you over and if you are found without insurance papers at that time, your car can get impounded on the spot. Some states don't allow you to drive the car and go if you do not have the proper insurance as it is considered illegal in that state. Having your car impounded is not the only thing you need to be worry about. You will be forced to pay a heavy fine and fees by the court. To top it off, there are chances that your license can be revoked or suspended for a certain period of time.
Having a car insurance will protect you from personal liability in the course of an accident. Apart from all the legal formalities, this is one among the main reason why you should have car insurance.
So, these are some of the reasons why you need to have car insurance.