Hitting the Road? Don’t Forget Your Shield: Auto Insurance
Driving down the streets of Dayton, Ohio, auto insurance is not just a legal requirement; it’s your safety net on the unpredictable roads. Here are three compelling reasons why having auto insurance is a non-negotiable necessity.
Safeguarding Your Journey
In a country where over 6 million accidents occur annually, the road is an unpredictable place. The National Highway Traffic Safety Administration (NHTSA) recorded a staggering 35,092 fatalities and 2,443,000 injuries in 2015 alone. With a 3 percent chance of being involved in an accident each year, having auto insurance is your shield against potential financial devastation.
Auto insurance steps in, whether you’re at fault or not, covering repair costs, medical bills, and other expenses. While your premium might increase post-accident, the peace of mind it brings allows you to move forward without bearing the full burden of the incident.
Those statistics represent the cumulative driving experience of 210 million licensed drivers in the US. That means that there’s about a 3 percent chance you’ll get into an accident of some kind in any given year. That may seem low, but if you do get into an accident and you don’t have insurance, the consequences can be overwhelming and even financially devastating.
There’s plenty of car insurance companies out there that will convince you of other reasons why you need auto insurance but there are really just three main reasons why you need car insurance.
Auto Insurance Protects you
Say you get into an accident and you are at fault or even if the other person is at fault, Car insurance helps compensate you for an accident. Nobody wants to pay for the repairs, medical bills, and any other expenses out of their own pocket so why would you? Auto Insurance Having car insurance enables you to get on with your life, even if the accident is your fault. Sure, your premium will go up after the accident, but you will be able to drive off knowing that the real cost of the accident will be covered by your insurance company.
Auto Insurance Helps Cost of Repairs
Owning your vehicle outright doesn’t exempt you from potential financial setbacks. Liability coverage may cover damages to another driver’s vehicle, but safeguarding your own requires collision and comprehensive coverage. Imagine a hailstorm damaging your car or an accidental collision with a mailbox; comprehensive coverage handles non-collision incidents, ensuring repairs or replacements are covered, regardless of fault.
State Law Requires Auto Insurance
It’s not just a recommendation; it’s the law. In 49 out of 50 states, including Ohio, having auto insurance is mandatory. Yet, shockingly, 13% of motorists still drive without it. When that police officer asks for your license and proof of insurance, it’s not just routine; it’s a measure to protect you. Without sufficient coverage, you might find yourself personally responsible for medical bills and damages exceeding your coverage limits.
Summary
Even though auto insurance is a legal requirement, many people drive without it. Uninsured motorist coverage may help pay for your medical bills if you’re hit by a driver without insurance, can help with the cost of repairs, and can even help that mailbox you hit. This coverage is required in some states and optional in others. Having the proper car insurance coverage in place can go beyond fulfilling a legal requirement. A car insurance policy may help protect your vehicle, your wallet and even offer peace of mind.
Protect yourself by choosing car insurance option that is a best fit for you. Trust our local Centerville team of insurance experts to sit down with you to develop a plan and provide you with the Insurance coverage you need!
