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Any car you drive should have auto insurance coverage. You are legally required to have auto insurance for any car you own. Auto insurance provides financial assistance should you get into an accident. It can help pay for damages and injuries that you cause.
When you get into an accident you must file a claim with your insurance company. The insurance company will determine liability, and then decide how to proceed. If you are at fault the insurance company will help pay the cost. Depending on your coverage, the insurance company may pay for damage to your automobile.
There are different types of auto insurance coverage available. Liability coverage pays for damages that you cause in an accident. You must at least have liability coverage to legally drive your vehicle. Collision coverage pays for damages caused by another driver. This mainly applies when the other driver does not have insurance. Comprehensive coverage pays for damages to your car from damage that is not the result of a crash. You can also get coverage for uninsured motorists for when you are in an accident with someone who does not have enough insurance or no insurance.
Auto insurance is beneficial because it provides financial assistance when you need it. Also, it is required by law. You can save thousands of dollars by having auto insurance. The benefits of auto insurance outweigh the cost.