Auto Insurance
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Description
An auto insurance policy is a contract between you and an insurance company. You pay a premium. In exchange, the insurance company promises to pay for specific car-related financial losses that you may have during the term of the agreement.
Do you need it?
You need auto insurance because it's a legal requirement. State laws typically say that as a driver, you either must have insurance, or be able to provide evidence that you have the financial resources to pay a judgment against you, if you should cause injury or damage to another person. An insurance policy is the easiest way to document that you can pay damages if you must.
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Auto Insurance
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