Friday 15 May 2009

What Kind of Auto Insurance Do I Need?


Perhaps you are the parent or guardian of a new driver looking to purchase auto insurance. Or maybe you are a driver looking to change your auto insurance policy to provide more coverage. Whatever your situation, initially it can be a bit confusing trying to decipher the different parts of auto insurance and what you as the policyholder need to purchase to provide good protection. We offer a few general tips that may guide you towards your decision, possibly helping you see other options that you haven’t before considered.


State Law Requirement


Some new drivers may not realize that almost every state in our country requires — by law — that all drivers obtain and maintain an auto insurance policy. Failure to do so will result in consequences that may include pricy fines. Consequences also include the suspension of the vehicle’s registration and the suspension of the driver’s license, both of which will be reinstated by the owner by paying a hefty reinstatement fee. A repeat offender could find themselves being charged with time in jail simply for not maintaining auto insurance.

No comments:

Post a Comment