Car Insurance

Car insurance or auto insurance covers all types of road vehicles, whether you drive a car, a truck, or an SUV.  Motorcycles also fall under the car insurance. Car insurance requires you to have a valid driver's license for the type of vehicle, as well as a valid license plate on the vehicle itself, from your state or provincial government. You should also be aware: your government requires certain minimum levels of car insurance be carried by a driver; mostly to protect other people.  You have to check your regional government website for the required car insurance coverage in your area.

You need to understand what you really need. You need to know what 'extras’ and how much risk tolerance you have for auto insurance. Finally, when getting ready to purchase car insurance we suggest for you to get quotes from more than one auto insurance company. You can work with car insurance agents, however most agents only work with a limited number of car insurance companies. There's no way to be sure that you've really got the best car insurance quote unless you do some research yourself.

Auto insurance

Does everyone have to have auto insurance?

Yes, automobile liability insurance, or proof of financial responsibility is required in all fifty states. Although each state sets their own limits on how much auto insurance or car insurance is needed. If you have a lease or loan on your car, you are usually required by the lender to have comprehensive and collision coverage in addition to the state required liability coverage.

Most states require that you have liability insurance on your auto insurance. This covers you when you're at fault in an accident. (Remember all those near misses in parking lots and while changing lanes on the freeway when you were blabbing on the cell phone, trying to change the CD)

Personal Injury Protection (PIP), or Medical Payments (MedPay) in some states, pays for your own medical expenses, any lost wages and whatever other costs may arise when you're injured in an accident. It usually pays about 80 percent of your losses, and it also pays a death benefit. PIP is required in Colorado, Delaware, Florida, Hawaii, Kansas, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, New Jersey, New York, North Dakota, Oregon and Utah.

Some states also require you to purchase car insurance that will cover your own medical expenses, pain and suffering losses.