CAR INSURANCE

What is a Car Insurance?

This is insurance which protects the insured against losses involving the use of automobiles. Various coverages may be bought depending on the desires of the insured. Such coverages include the liability coverages of bodily injury, property damage, and medical payments, and the physical damage coverages of collision and comprehensive.

Why do I need it?

In some states, to drive (get license plates) you must carry:
Liability coverage to pay for losses you cause others, or:

• No-fault coverage to pay you and your passengers for medical and related expenses caused by injuries from a car accident, regardless of fault, or
• Both coverages.

Car Insurance Guide

Back in the late 1890's when the first U.S. automobile insurance policy was purchased, there were barely 100 cars on the streets, nationwide. Horses and carriages traveled the roads, and the main concern then for both insurers and auto drivers was any injury those noisy new machines might do to horses.

Today a motor vehicle accident occurs every second. Auto accidents cause an injury every 14 seconds, and every 13 minutes a car accident results in a fatality. More than 31 million accidents occur per year, at an annual cost of almost $100 billion. Theft and vandalism are other major perils facing drivers, In fact, every 20 seconds another vehicle is stolen.

With more than 150 million drivers and 160 million registered vehicles on the road today, auto insurance is the most widely purchased of all property-liability insurance. Drivers buy auto insurance for economic protection against theft, vandalism, and other risks, but few are familiar with the ins and outs of their particular policy.

This guide was designed by the Independent Insurance Agents of America to make it easier for you to know your insurance needs and the many options available to you. Though this guide does not represent the provisions of any particular policy, it should serve as a starting point on your road to finding the best policy for your needs.

Buying a Car
Buying a new or used car can be a nightmare...or a reasonably pleasant experience, based to a large degree on the level of your preparation and the extent of your information. We will arm you with the information and the preparation that you need to achieve your best deal when buying a car!