Wednesday, October 29, 2008

The Facts You Should Know About Car Insurance Policy

By Don Pedro

You are not safe driving a car if the car is not insured, and I'm not talking just about you hitting someone. What if you got hit by someone; what if you got robbed? Then you'll be all by yourself indeed, with a fat bill to pay.

In many jurisdictions all over the world, especially in the U.S., laws make it compulsory to have vehicle insurance if you are going to be using a car at all. As a matter of fact, it is not unusual to have the insurance sold to you right at the point of purchase of the vehicle.

When you neglect to get your car insured, you have no one else to blame but yourself when strange things begin to happen. You could get the car stolen or you could get it crashed, and then you have to pay to repair it, or you are back to nothing. If only you had been smart enough to take the policy when it was offered. But again, if you don't have car insurance right now, it's not too late. You can still get one right away.

A lot of drivers choose to purchase auto insurance coverage that includes medical payments, right after they have taken something a bit more specific, like payments for the repairs to their cars. Perfectly understood. However, it might not be so wise to make that the order. I think the human life is more valuable than any vehicle.

Auto insurance on your vehicle can be simple or extensive, based on what you can afford, or what the government postulates as law. Sometimes, what you have is simply an edict insisting that you must at least cover for the injuries of the other person, and then you get to take care of yourself by yourself.

In the United States, there are way too many accidents; more, it seems, than people have funds to make amends with. As such, more and more states are making it mandatory for drivers and car owners to obtain auto insurance by law. If you flout this law, you pay.

When a lot of people are hurt in a car crash, somebody has to pay. Without good car insurance, you could be that poor sitting duck. Armed with the right car insurance, even though you might be responsible for the accident, you could have your insurance firm take care of the bills. But first you need the insurance.

Some provinces in Canada, such as British Columbia have some basic auto insurance laws that all drivers must obey. You run the risk of being incarcerated if caught without them. As a matter of fact, it is almost impossible to own a car in these parts without compliance. So, if you are in the USA and you are taking things for granted, you can't do the same thing in other parts of the world, like Canada. - 15485

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