AUTO INSURANCE – A MUST HAVE

Auto insurance is a necessity and this is amply evident from the fact that all states of USA have made it mandatory to have auto insurance on all vehicles. Most of the time, this appears to be a bothersome exercise, but why wait until you get involved in an accident to find out how taking an auto cover takes care of your assets and you. High medical expenses and lawsuit judgements on the rise make it worthwhile to protect yourself and your precious vehicle with auto insurance.
Furthermore, all jurisdictions have made it compulsory to have two auto insurance systems – the no-fault system, and the Tort system. The former type of insurance favour in most states dictates that your insurance carrier shall pay the injury claims no matter who caused the accident in reality. The amount payable is up to a specified limit and if you are involved in an accident, your carrier is liable to pay for the injury. As against this, the Tort system the injured party will have to take care of the medical expenses from their own packet and then claim it form the guilty driver’s insurance carrier as a recompense. The onus of proving that the medical care taken was within reasonable limits, and a definite need of the hour, lies on the injured party. Further, the at-fault party is not entitled to resort to the law for repayment of the medical expenditure.
The auto insurance cover is not only necessary to cover you in case of accidents but also for you to be rid of any worries on that score. Not having insurance cover on your precious car can actually lead to a lot of expenses in the form of fine, penalties and even the suspension of your vehicles registration and confiscation of your driving license.
In case of accidents, the law enforcement officer will demand for a proof of auto insurance. The department of motor vehicles is in the know about all auto insurance policies held, new polices or renewals, cancellations if any. In any case, the law enforcement officers have access to all these records and trying to hoodwink them could actually incur huge penalties or even worse punishments.
It’s best to follow the law and pay for your auto insurance. You can always work out which auto insurance cover would best serve your purpose and at the same time be cost-effective by means of an online search. Following your state’s mandates on auto insurance is prudent.
Online search for better and cheaper auto insurance can prove to be a cumbersome exercise if one doesn’t know how to go about it. The reason being, there are far too many options available for the owner to come to any relevant conclusion as to the type of auto cover that would best suit his or her purpose. Comparing will not only enhance your knowledge on auto insurance but also save precious money.

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