There isn't a single person who drives that does not have auto insurance. I suppose there could be a few exceptions but generally if you get caught driving without insurance you're going to be a lot of trouble. Most states, like the one I live in, Oregon, requires that you have insurance on your vehicle at all times you can't even register your vehicle without car insurance.
If you lease or finance a new or used automobile, you have to have full coverage on the car or truck. However, those that own a car or truck outright can choose what they want, and some go with liability insurance only. This is very inexpensive, but not always the best idea.
Most car insurance policies automatically have liability insurance enclosed in them. This is used when you are responsible for an accident or any damage to car or even life.
This is the very least amount of insurance you get by with. If you didn't have liability insurance and got into an accident, you would be responsible for all the damages out of your pocket. having liability insurance, though, makes it so that your insurance company has to pay all the damages less the deductible that you have on your policy. It really depends on your policy and your insurance company.
If you opt to purchase liability insurance only, you will not be able to recover any money if someone else causes damage to your car or truck. why all rights the other person should have liability insurance as well, and if they do then the money to fix your car 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.
if worse came to worst, you could take them to court and sue them but chances are if they can't afford to pay for liability insurance they won't be able to afford a judgment that is filed against them either.
If you can afford it, it is always the best option to have full coverage insurance on your vehicle but sometimes this option is just way too expensive. Those just starting out in life may only have this bare minimum coverage, but chances are they also have a car that is not worth very much. As they get older though, and become more able to afford more expensive cars, it is a really good idea to have more than just your standard liability insurance. just as when you buy 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 won't regret it.
If you lease or finance a new or used automobile, you have to have full coverage on the car or truck. However, those that own a car or truck outright can choose what they want, and some go with liability insurance only. This is very inexpensive, but not always the best idea.
Most car insurance policies automatically have liability insurance enclosed in them. This is used when you are responsible for an accident or any damage to car or even life.
This is the very least amount of insurance you get by with. If you didn't have liability insurance and got into an accident, you would be responsible for all the damages out of your pocket. having liability insurance, though, makes it so that your insurance company has to pay all the damages less the deductible that you have on your policy. It really depends on your policy and your insurance company.
If you opt to purchase liability insurance only, you will not be able to recover any money if someone else causes damage to your car or truck. why all rights the other person should have liability insurance as well, and if they do then the money to fix your car 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.
if worse came to worst, you could take them to court and sue them but chances are if they can't afford to pay for liability insurance they won't be able to afford a judgment that is filed against them either.
If you can afford it, it is always the best option to have full coverage insurance on your vehicle but sometimes this option is just way too expensive. Those just starting out in life may only have this bare minimum coverage, but chances are they also have a car that is not worth very much. As they get older though, and become more able to afford more expensive cars, it is a really good idea to have more than just your standard liability insurance. just as when you buy 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 won't regret it.
About the Author:
This piece was penned by Frank Froggatt, an expert on auto insurance. If you would like more FREE information on comparing car insurance then visit my website at www.pricecomparisoncarinsurance.com
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