When you add up all of your expenses, it may be very tempting to cut out some intangibles like auto insurance. However, you may find yourself in a lot of trouble if you are tempted to cut out an auto policy. In fact, you may not even do so well if you reduce your coverage - even though you are still conforming with the law and other agreements you have!
In most US states you must have some coverage to be a legal driver.
In an effort to insure US drivers, many of these states are getting a lot tougher on uninsured motorists today.
Do you still have a vehicle loan?
If so, your lender probably requires you to carry full coverage because they want to protect their investment too.
Many people really owe more on their autos than they actually "own" their autos. You can understand the lender's point of view. If you do wreck your car, you could find yourself in hot water if that loan balance is not paid off promptly!
You may also need proof of an auto policy to:
- Renew your license or auto registration
- Get your car inspected
- Buy another new or used vehicle
Is The Premium The Problem?
Why not just use internet car insurance quotes? You can use a form that pulls information from a handful of insurers at the same time. This is a great way to do all of your shopping from your own computer. Then you can find a high qualify company with a good price for you!
We even provide you with 2 ways to compare car insurance on the Internet.
