If you are a vehicle owner, car insurance is something that you cannot afford to go without. Car insurance protects you financially in the event that you are involved in an accident. It also provides peace of mind should you ever be in an accident.
Do I have to have car insurance?
In most states, you are required by law to have car insurance. If you cause an accident and don't have car insurance, you will be held liable for all the damages. If you are caught driving without car insurance, you may face penalties such as fines, loss of your license, and higher insurance rates when you do get car insurance.
What are my car insurance coverage options?
There are a variety of coverage options available when you purchase car insurance. The most basic level of coverage, known as liability insurance, protects you financially if you are found to be at fault in an accident. If you cause damage to another person's car or property, or if you injure someone in an accident, your liability insurance will help to pay for the repairs or medical bills. However, it is important to note that liability insurance will not cover damage to your own car.
For this reason, many people choose to purchase additional coverage, such as collision and comprehensive insurance. Collision insurance covers damage to your car resulting from an accident, while comprehensive insurance provides protection from damage caused by factors such as weather, theft, or vandalism. By understanding the different coverage options available, you can make sure that you are adequately protected in the event of an accident.
If you finance or lease your vehicle, you'll likely be required to have what is called "full coverage". This means you will need to have an insurance policy that includes liability, collision, and comprehensive insurance.
What can affect how much I pay for car insurance?
Car insurance rates can be affected by a number of factors including:
The type of car you drive
Your age
Your driving history
Where you live
All of these factors will be considered when car insurers calculate your rate, so it's important to keep them in mind when shopping for car insurance.
At Triangle, we're committed to giving you the best coverage at a reasonable cost. We're knowledgeable about what each state requires for minimum coverage and will make sure you have what you need so that you can have peace of mind knowing you're fully covered.