Why is auto insurance mandatory?

Answer 1

Driving is considered a privilege and not a right. Because it is a privilege drivers are required to prove they are financially responsible. Mandatory auto insurance is proof that drivers are financially responsible to cover damages or injuries in the event of an accident. Because most drivers cannot reasonably pay for the cost of repairs and medical bills they cause in an At Fault accident, states require auto insurance to protect both third party drivers and the policyholder.