Car insurance is important because it is financial protection in case you get into a car accident and damage someone else’s vehicle or injure them. Car insurance can also protect your vehicle from damage caused by an accident or a different covered peril.

The purpose of having car insurance is so you’re able to reimburse others for damage you cause, and so you won’t get stuck paying out of pocket expenses from a car accident or a different kind of collision, like if you drive into a pole. 

Depending on what type of coverage your car insurance contains, you could be protected from a variety of perils, such as:

• Fire
• Theft
• Vandalism
• Hail damage
• Animal damage (like if you hit a deer or if rats infest your engine)

Car insurance is important even beyond collisions and accidents. 

If your car is stolen, you can file a claim with your car insurance company and they can pay to replace your car up to your policy’s limit. But if your car is stolen and you don’t have car insurance, or if you only have a limited amount of coverage, you’re going to be stuck paying for a new car yourself. 

Next week we will chat about important additional cover you can add to your car insurance, 
until then. 
Stay Safe 

Carlita