Why You Need Car Insurance
If your car isnt worth a dime do you really need to worry about getting car insurance quotes for it? Hands down the answer to this question is yes.
Car insurance isn##Q##t just about the car you are insuring.
There is a variety of other things you are protecting when you get a car insurance policy.
Lets take a look at some of the other reasons you might need car insurance coverage.
Protecting your Home
Ok so you drive a hunk of junk, but your car isnt your only asset. If you cause an accident you are responsible for the damages that occur as a result.
If you dont have car insurance coverage, or you dont have enough coverage your victim can sue you in civil court.
Your home is an asset so if you cant pay out of pocket for the judgement placed against you a lien may be placed on any property that you own.
Protecting your Credit
As mentioned previously, inadequate car insurance coverage can result in a civil judgement against you. It is never good to have judgments recorded on your credit history.
Worse yet, it can take years for them to be removed from your credit report. Without good credit it can be difficult to purchase a new vehicle, a new home, get an apartment, or open new lines of credit.
Protecting your License
It is a requirement in all but one state for you to have car insurance.
So, unless you live in New Hampshire you need to find out what the minimum coverage for your state is and secure a car insurance policy.
If you get caught driving without a valid car insurance policy you can lose your license. In addition to having your license suspended, you may be required to pay fines and even serve jail time.
To get the cheapest car insurance plan available to you it is advisable to shop around.
Request multiple quotes and compare those quotes. the goal should always be to get the coverage you need at the most affordable price. Never sacrifice necessary coverage to save a dime.
Get multiple car insurance quotes now by entering your zip code in the form above.