Car Insurance Required By Your State

One of the first things that must be done after an automobile accident is the exchange of car insurance information. This is because one or more of the car insurance companies of the persons that are involved in the accident is likely going to pay for the repair or replacement of the vehicles and medical expenses for persons involved in an accident. If you are found to be at fault, in most states, it is your insurance company that will pay for the repair.

Practically every state has financial responsibility statutes. These statutes require that all drivers have a minimum amount of liability insurance. The minimum varies by state, and some states have more severe consequences for drivers who do not have insurance than others do.

In the electronic world that we live in, it is getting harder for drivers to get away without auto insurance. Many states are initiating an electronic reporting system where your insurance company must notify the state any time that your car insurance lapses. If the state sends notice to you that they have been notified of an insurance lapse, you only have a few days to respond with proof of insurance or you license or registration for your vehicle can be canceled.

This is good news for responsible drivers who, have in the the past had to foot the bill for irresponsible drivers that do not have current insurance. Uninsured drivers normally do not have the money to pay for the loss of property or medical bills of persons who suffer loss from an accident the uninsured driver causes. Although the uninsured driver can be taken to court, it is unlikely that the injured party will ever see any retribution.

Be sure that all vehicles you drive have current insurance. That means if you are buying a vehicle you need to have insurance before ever leaving the lot with your new prize. Most of the time you can get the vehicle added to your current policy with only a phone call. The insurance company will send out a bill for any change in insurance costs within a few days.

If you do not currently have insurance, you should contact either a local insurance agent or go on line to secure the quotes you need for auto insurance. On line quotes are easy to request and you can often receive multiple quotes by answering only one set of questions. Be sure that you compare quotes for the best prices on insurance.

Be sure that you are a responsible driver. Purchase insurance for your vehicle and keep the policy in force.

The one thing that you must have in life, if there is anything, you need to know that you must have Car Insurance. Before you do that, you must make sure that you get a few Car Insurance quotes.