We all know that auto insurance is mandatory, but do you think that it is really necessary? Nearly 1 in 8 drivers skip it altogether, and unfortunately for those people, the perks of having insurance that is reliable only reveal themselves when you really need them. If you happen to be fence sitting, you have come to the right place to find out how auto insurance can protect your car, wallet and even livelihood.
Pay Now Save Later
Yearly in the US, there are nearly 6 million vehicle accidents, according to the National Highway Traffic Safety Administration. Now, consider a world in which auto insurance didn’t exist. Every time you go out for a drive, you would be risking your bank account as well as your assets.
Accidents are more than simply inconveniences. In 2013, the average damage to property resulting from car accidents was $9,300. This figure doesn’t include injuries either. When you factor those in, the cost jumps to a crippling $80,700.
Auto insurance policies keep your finances protected from those expenses. Along with assisting with the costs arising from an accident, your insurance carrier can also protect you from liability lawsuits if you have liability coverage. Policies that include this coverage and have high limits along with collision and comprehensive coverage, as well as medical coverage, can end up saving you thousands of dollars in the event that you are in an accident.
If you happen to be in Centennial, CO, call or drop by Compass Insurance to see if you have the coverage that you need. We can make sure that you not only meet the state minimum requirements but that you also hae all of the coverage that you need when you really need it. Don’t wait until it is too late.