Nowadays auto insurance is required in just about every state. Although the law varies from state to state each one does have a bare minimum of requirements to be legally allowed to drive a vehicle. Auto Insurance can be very simple and affordable to get.
What Is Auto Insurance
Auto Insurance is a legal policy that drivers must purchase to be legally allowed to operate a vehicle. Auto Insurance helps to cover the cost in case of an accident or other car emergency.
How Much Auto Insurance Is Needed
The amount of auto insurance that is needed varies from state to state as well as from driver to driver. Some states allow a bare minimum while other states require a more in-depth policy. Typically drivers need to cover the bare minimum which would be liability insurance. Depending on your situation you may also need collision coverage as well as comprehensive coverage.
When Do You Need More Than Just Liability Coverage
The answer to this really varies on what city and state you live in. Most states allow drivers to have a bare minimum policy which just covers liability insurance. However if you are renting or even leasing a vehicle you often need collision coverage as well as liability insurance. Typically the more coverage you can afford to get the better position you will be in.
How Much Does Insurance Cost
The rate of auto insurance varies on a large variety of things. For starters the city and state you live in makes a big difference. Busier, more high crime cities and states often come with a higher price quote for auto insurance. Other factors that determine your auto insurance rates are your age, the type of vehicle you are driving, your vehicle background such as speeding tickets and other infractions as well as a variety of other factors.
Although the cost and requirements of auto insurance are different from state to state it is very important to have a policy not only to protect yourself but other drivers and pedestrians as well. Having an auto insurance policy can save you a lot of time, money and hassle should there ever be an accident.