Reasons To Get Car Insurance
This is a discussion on Reasons To Get Car Insurance within the Off Topic Messages forum, part of the OTHER TOPICS OF INTEREST category; It is almost impossible to live in some places without an automobile because there is no other way to travel. ...
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#1 |
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Senior Member
Join Date: Apr 2009
Posts: 58
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It is almost impossible to live in some places without an automobile because there is no other way to travel. And safety is most important when you travel. So, there are many reason for getting car insurance.
1. The first reason that auto insurance is important is to protect the banks that have just financed your new car. If you go to a bank and get a $20,000 loan out to go and by a new car, you owe the bank $20,000 plus whatever the interest is. But, if you are driving down the street and another driver crashes into you, wrecking your car, what are you going to do?You probably do not have the money to fix the car and the bank will not lend you anymore money. If the other driver has auto insurance his company will pay to fix your car. 2. The second reason is it protects your from uninsured motorists. Some motorists do not see the importance of auto insurance, so they do not purchase any. If you get into a car accident with a motorist that is uninsured you know that there is no insurance company to pay for the damage. 3. When considering auto insurance you must assume the worst. If you get into an accident and require medical attention, and you have no auto insurance, you will be responsible for paying the medical bills. Depending on the medical treatment that is needed you could be looking at an extremely large bill. __________________________ Last edited by maxjlone; Oct 25th, 2009 at 09:08 AM. |
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#2 |
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Junior Member
Join Date: Nov 2009
Posts: 11
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I agree with you that insurance for automobiles is important. I have also taken policy from Online Auto Insurance for my car few days back.
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