Car insurance is a contract between you and the insurance company. If your car meets with an accident, you will be eligible for compensation for the losses under the contract. Paying the premium is your obligation under the contract.
Car insurance provides property, liability and medical coverage. In case of damage to or theft of your car, property coverage will pay for the losses. The liability coverage will pay for your legal responsibility for bodily injury or property damage caused by your car.
The medical coverage will pay for the cost of treating injuries, rehabilitation and sometimes lost wages and funeral expenses.
Majority of the car insurance policies are valid for six months to a year. The policy must be renewed on expiration.
The law in all states require you to have some form of car insurance if you own or operate a car.
The penalty for driving a car without insurance is different in different states. Some states impound your car. Some states impose heavy fines. If your car is involved in an accident without insurance, the consequences can be serious. You may have to comply with the financial responsibility laws including having to pay for any injuries or damages out of your own pocket.
Your credit history, the age and type of your car will play an important role in determining the rate you have to pay for car insurance.
As the owner of a car, you are responsible for providing insurance for the car, no matter who is operating the car. If you operate a car without insurance, you will be in violating the law.
You will save much if you only have between 15-30 minutes. Visit, obtain and compare quotes from various insurance quotes sites.
You can get quotes that will have a range in excess of $2,000.
Car insurance provides property, liability and medical coverage. In case of damage to or theft of your car, property coverage will pay for the losses. The liability coverage will pay for your legal responsibility for bodily injury or property damage caused by your car.
The medical coverage will pay for the cost of treating injuries, rehabilitation and sometimes lost wages and funeral expenses.
Majority of the car insurance policies are valid for six months to a year. The policy must be renewed on expiration.
The law in all states require you to have some form of car insurance if you own or operate a car.
The penalty for driving a car without insurance is different in different states. Some states impound your car. Some states impose heavy fines. If your car is involved in an accident without insurance, the consequences can be serious. You may have to comply with the financial responsibility laws including having to pay for any injuries or damages out of your own pocket.
Your credit history, the age and type of your car will play an important role in determining the rate you have to pay for car insurance.
As the owner of a car, you are responsible for providing insurance for the car, no matter who is operating the car. If you operate a car without insurance, you will be in violating the law.
You will save much if you only have between 15-30 minutes. Visit, obtain and compare quotes from various insurance quotes sites.
You can get quotes that will have a range in excess of $2,000.
About the Author:
Get more tips at Safe Auto Insurance and Really Cheap Auto Insurance. Chimezirim Odimba writes on insurance.
No comments:
Post a Comment