auto
6 reasons to buy auto insurance
If you are buying a new car, do not forget to opt for auto insurance too. You cannot drive a car on the road in most states if you do not have insurance. However, that is not the only reason why you must purchase insurance for your car. This insurance policy comes with a plethora of benefits that protect you financially, which are listed below. It is mandatory It may not sound like a benefit, but you must understand that an insurance policy is necessary to own a car. Every state in the country requires you to buy at least certain minimum coverage for your car if you want to drive it on the streets. The minimum coverage may vary from state to state, however, it is always a good idea to purchase a comprehensive plan that will cover most damage and injury-related expenses. This will protect you from legal hassles in the future. Financial protection A car accident does not only cause damages to your car, but it can also end up injuring a third party. This leads to a lot of liabilities such as medical expenses, legal fees, and pay-up for the third person’s loss of income due to the injury.