One hundred forty-five thousand cars were taken off the road in 2016 from the UK. Why? Because they were driving illegally. What made them illegal? The fact that they didn’t have the essential to get a car insurance.
Most countries and states require you to have car insurance after you buy a car and hit the road. Apart from that, there are various other reasons why it is essential to get car insurance. After all, in a world where 1000 cars are damaged due to accidents per week, it can’t hurt to be cautious. Here is why you need car insurance.
Protecting yourself from the burden of damages
Let’s say you have gotten your teenager a car. You might feel that investing in a teenage car insurance policy is a hefty investment. You decide that you don’t want the extra burden. After all, your teenager can drive your car occasionally without one, right?
Well, teenagers are more likely to total a car than an experienced driver. By not getting car insurance in their name, you are inviting future damages into your lives with open arms. Getting car insurance allows you to protect your teen and yourself from unnecessary expenses in terms of car repair.
If you are worried about finding affordable packages, know that there are many affordable coverage options available. Do your research and compare the premiums offered by different companies. Choose one which best meets your budget, lifestyle, and needs.
You have no choice
Another reason why you need to invest in car insurance is that you don’t have much choice. Why? Because it’s the law! You need to get at least the minimum coverage to be able to drive your vehicle on the road.
Generally, liability car insurance is the least amount of coverage required. This helps in covering the damages that you are liable to pay to an involved third-party in case of an accident which is your fault. While this is the bare minimum coverage required, it is advised that you opt for other types of coverages. There are options out there that offer better protection to your car and passengers involved.
Regardless of whether you decide to opt for comprehensive and holistic coverage or not, the fact remains that you need car insurance. Failure to comply with the law can lead to fines. This also includes suspension of driver license, high premium when you do get a car insurance and jail time in extreme cases. So, in an effort to save a few bucks, you will end up spending more.
Peace of mind
Do you really want a sword hanging over your heads every time you take your vehicle for a spin? Car insurance is essential because it gives you peace of mind. You don’t have to worry about damaging your car constantly. While you might be confident in your driving skills, accidents can still occur. No one can deny that bad things do happen.
However, without proper car insurance, you are left unprotected. Suddenly, you have to foot the bills for your car repairs, the other party’s car repairs and any injuries that might have occurred. Depending on the severity of the accident, this can amount to a lot of money.
This means that if you go out with your uninsured car, you are bound to feel paranoid. You won’t be able to enjoy the ride. Therefore, for your peace of mind, you must get car insurance and that too a comprehensive one.
How to beat high auto insurance cost?
If you have a poor track record and get into accidents often or if you are getting auto insurance for your teenager, you will find that their costs are generally high. In the case of the latter, this is because drivers who are under the age of 25 are riskier to invest in than experienced ones. There is a high probability that accidents will occur.
To help reduce the cost in the long run, here is what you can do once you get teenage car insurance.
Have a clean driving record
Auto insurance costs don’t stay stable. One DWI conviction and your cost of insurance will increase. Make sure that your teen is a responsible driver. They must strive to have a stable driving record. Be well versed on the law and rules to follow. Just because you are protected against accidents doesn’t mean you should be a reckless driver after getting insurance. Protection comes at a price. And that is the premium. And this premium increases with increasing claims. So, advise your teenager to be responsible on the road.
Pick the right insurance companies
In the case of teenage auto insurance, you will find that some insurance companies are better than others. You must find them. These are the places that might give you discounts and low premiums. Generally, there is a condition attached to such concessions. For instance, the company may demand that the teenage in question should be a full-time student and have a certain GPA. In other cases, they might ask the said person to take driver safety courses to be qualified for the discount. Research about such offers and see if your teen qualifies for them.
Be active among the community
Discounts can also be availed if your child is part of a community or organization. For example, Eagle Scouts might offer auto insurance discounts to their members. Find a cause to be a part of and get such perks in return.
Get the right vehicle
Sometimes you can be an excellent driver for your age and still get into accidents. The fault is not always of the driver but the car as well. You must ensure that the car you give to your teen for driving is safe. Get it checked for any mechanical and physical damages before handing it over to your child.
Conclusion
Get car insurance. It is vital. It is necessary. And there is no beating the bush around it.
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