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Anyone who owns or operates a car needs auto insurance. This is for at least 2 main reasons:
1. Most States have "financial responsibility laws" which require the maintenance of certain types and amounts of auto insurance. The main type of insurance with which the law is concerned is liability insurance. This type provides a source of benefits for the payment of the other party's damage or injury if you are At Fault for the collision.
The State may also require "personal injury protection" coverage that pays a portion of your own medical bills and lost wages in the event of a collision, regardless of fault. This is so-called "no fault" insurance.
2. If a car is financed through a third-party, such as a bank, the vehicle is usually collateral for the loan. Therefore, the lender usually requires physical damage insurance on the car so that there is a source of funds with which to repair the car in the case of a collision. In that way, the value of the car is retained and the lender remains secured.
What else can I help you with?
Does Geico have options for auto insurance?
Geico does have many options for auto insurance. You can find them by visiting their website, or by calling their 800 number. They should have something to fit your auto insurance needs.
Where can I find cheap auto insurance in Illinois?
There is not certain insurance that is the cheapest. Insurance rates are based on your specific needs.
Where can I learn about auto insurance?
This site informs you on the different types of auto insurance policies and gives many tips: http://www.insureme.com/. To get the most cost effective auto insurance for your needs, check out www.netquote.com/ for insurance quote comparisons.
Where can I get an instant auto insurance quote online?
You can go to dmv.com to get instant online auto insurance quote
What is the meaning of standard auto insurance?
Standard auto insurance generally refers to the basic car insurance one needs in order to legally drive a vehicle. Often, standard insurance is acceptable for most drivers.
Can I get an instant auto insurance quote online?
You can go to insurance.com to search for the right insurance plans that will fit your needs.
Do student drivers need auto insurance?
The answer to this question is YES the student driver needs auto insurance because it is a requirement by the law that every driver, whether student or not, needs insurance. If you contact your insurance agent you will find out for the most part that the student driver needs to be listed on the insurance policy but they are not charged any fees until they become a full licensed driver. This was the advise that I had received from my insurance company, which is Met Life.
Does your son with learner's permit needs auto insurance?
Anyone driving a motor vehicle needs to be on an insurance policy. Contact your insurance carrier and have him added to your policy, or purchase a policy for him, whichever is cheaper.
What do auto insurance specialists do?
It is an auto insurance specialist's duty to know the local law requirements for minimum automobile insurance and to help choose what plan best fits individual needs. These are often called car insurance agents as well.
What type of insurance does Hartford cover?
They cover auto insurance, life insurance,homeowner's insurance, and also insurance on AARP endorsed products. They seem to cover all the basis for insurance needs.
would you be interested in knowing which auto insurance provider has the best rate?
I tend to stick close to home, relying on my local insurance company for all my needs. This includes homeowners insurance, auto and health insurance from the convenience of one office for all.
Which companies provide car insurance in the state of OR?
Companies that offer car insurance in Oregon are State Farm auto insurance, 21st Century auto insurance, Nationwide auto insurance, Mercury auto insurance, Farmers auto insurance, and AAA auto insurance.
