Auto Insurance
Auto insurance is a type of insurance policy that provides financial protection against losses related to owning and operating a vehicle. It is designed to protect you, the driver, against financial loss in the event of an accident or other covered event, such as theft, vandalism, or damage from weather-related incidents.
Auto insurance typically covers several types of losses, including liability, collision, and comprehensive coverage. Liability coverage helps cover the costs of damages or injuries that you cause to other people or their property while driving your vehicle. Collision coverage helps pay for damages to your own vehicle caused by a collision with another car or object. Comprehensive coverage provides protection against damage or loss from non-collision events, such as theft, vandalism, or natural disasters.
Why carry auto insurance?
According to a study conducted by the Insurance Research Council (IRC), an estimated 20.4% of Florida drivers were uninsured in 2019. This means that approximately one in five drivers on the road in Florida did not have auto insurance at that time.
Here are some specific reasons why you need car insurance:
- Legal requirement: In most states, including Florida, it is mandatory to have car insurance to legally operate a vehicle. Driving without insurance can result in fines, license suspension, and legal penalties.
- Financial protection: Car accidents can be expensive, and having insurance can help protect you from the financial burden of paying for damages or injuries out of pocket. Insurance can also help you pay for damages to your own vehicle if you are at fault for an accident.
- Peace of mind: Knowing that you are protected with insurance can give you peace of mind while driving. You can focus on the road and not worry about the financial consequences of an accident.
Overall, car insurance is an essential protection for drivers to have. It can help you comply with legal requirements, provide financial protection, and give you peace of mind while driving.
There are many options and you don’t want to make the wrong choice. We can help you pick out a plan that is affordable, works for you and offers coverage that you need.