subject: Finding The Right Auto Insurance For You [print this page] What is auto insurance? Why is auto insurance important? Why pay for auto insurance? If I drive a car do I have to have auto insurance? What are the benefits of auto insurance? Can I get auto insurance online? How do I choose the best rates of auto insurance? Can I get cheap auto insurance? Do I want cheap auto insurance or do I want quality auto insurance? Can I get cheap auto insurance and quality auto insurance in one insurance policy? How can I save money on my auto insurance rates?
Let's start with the first question: What is auto insurance? The word insurance itself means to provide protection in the case of a loss financially. In the case of auto insurance you're protecting yourself financially against the loss of a car in a car wreck. Auto insurance means that you sign an agreement with an insurance company saying that you'll pay a small monthly amount (an auto insurance premium) and in the case that you have a car wreck the insurance company will pay you a certain amount to fix your car or other problems caused by the car wreck. The amount that you pay and the amount that the insurance company pays is all detailed and outlined in what is called an auto insurance policy.
Why is auto insurance important? Because if you get into a car wreck whether it's your fault or the fault of the other driver, you're financial expenses are covered by your auto insurance policy. If the other person doesn't have auto insurance then you're stuck with just your auto insurance money, but if the other person in the car wreck has auto insurance, you may also benefit from the financial pay-out of their auto insurance policy.
Why pay for auto insurance? Paying for auto insurance can give you peace of mind. Maybe you won't ever get into a car wreck. Or maybe in ten years of paying auto insurance, you only get into one car wreck. Still, you have peace of mind and the little insurance premium you pay every month will pay for the big financial expense of the car wreck. You take a small risk on the auto insurance policy and the insurance company takes a risk on you when they sign the auto insurance policy.
If I drive a car do have to have auto insurance? In most states, yes it is required by law to have auto insurance. If you don't have auto insurance in these states and are pulled over by police you could get your driver's license suspended by not having auto insurance. Auto insurance simply protects you and other drivers.
What are the benefits of auto insurance? Two benefits, peace of mind and you have insurance when you get into a car wreck to help with the big expense of fixing your car, paying for injuries, fixing the other person's car, etc.
Can I get auto insurance online? Yes, you can get auto insurance online with most insurance companies.
You do want to get the right auto insurance rates and quotes that will fit your budget as well as quality auto insurance when the time comes that you need to use your insurance. This is where using online tools can come in handy or talking to an insurance agent to help you understand quotes, rates, and auto insurance policies.
by: Dennis Brier
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