Why Do You Need Car Insurance?

​In the majority of states, driving without auto insurance is illegal. Car liability coverage in your auto insurance policy aids in paying for the other party's insurance claims, such as medical costs and property damage, if you are found at fault in an accident. It also helps cover your legal bills if the accident leads to a lawsuit against you.

Offers Financial Protection
You may be accountable for paying damages after an automobile accident. Injured parties may be entitled to compensation for damages such as legal bills, medical costs, and lost wages. These expenses could be covered by liability insurance. You'd probably have to pay for these expenses out of pocket if you didn't have liability insurance.

Your Lender or Lessor May Require Auto Insurance
Collision and comprehensive insurance may be mandated by your lender or lessor if you lease or finance your car. As the lienholder of your car throughout the payment period, your lender or leasing agency may find these two coverages helpful in protecting their interest.

If your car is damaged in an accident or other covered event, comprehensive or collision insurance may help cover the cost of repairs or a new vehicle. Gap insurance may help you continue paying your automobile loan if your vehicle is stolen and its value is less than what you owe. 

Protects You From The Cost of Repairs
If your automobile is stolen or destroyed after an accident, comprehensive coverage helps pay for the costs of repairing or replacing your vehicle. Your collision coverage may assist pay for the costs associated with car repairs after an accident, regardless of who was at fault. You may have to pay for the cost of repairs out of pocket if you do not have collision or comprehensive insurance.

Protect your Passengers
PIP or medical payments coverage can cover your medical expenditures if you're harmed in an accident. Potentially, it may assist pay for the medical bills incurred by your passengers due to the collision. You might cover visits to the emergency room, prescription drugs, and even surgery under this policy.

Helps You Protect Yourself
Many individuals get behind the wheel without legally mandated minimum liability insurance. If you are struck by a driver who does not have insurance, underinsured motorist coverage may assist you in paying for your medical expenses. This kind of coverage may be obligatory in certain places.

Conclusion
More than just meeting a minimum legal need, having enough auto insurance coverage may protect you financially. Your vehicle, your finances, and your sanity might all benefit from having auto insurance.

At Kapasu Insurance Services Inc., we do our best to ensure that our clients are well-protected with affordable and comprehensive policies. If there's anything more you need, we'll do our best to meet it. Contact our agency now at (760) 995-3853 or CLICK HERE for a free quotation and to learn more about how we may assist you. Topics and coverage discussed in this article are not guaranteed, consult with your agents to determine what your policy does and does not cover. We are more than happy to help!