While you might not be a big fan of having to purchase auto insurance, there really are many reasons why you need auto insurance, and should purchase no matter how you feel about it. The biggest reason why you need auto insurance, is most likely the fact that your Country or State mandates that you have auto insurance, or face the risk of losing your driving privileges, or even facing fines and jail time.
As was previously mentioned, the biggest reason why you need auto insurance is because the law mandates that you have it. Most states and countries say that you have to have minimal auto insurance that will at least cover the costs to repair the other person’s car, and pay their medical expenses if in the event the accident was your fault. Although many insurance companies offer what is called no fault insurance, which pays no matter whose fault the accident was.
Even if you are the best driver in the world, not everyone else is. Let’s face it, there are a ton of really horrible drivers out there. That’s another reason why you need auto insurance. If you drive your vehicle without auto insurance what happens if you accidently hit a person walking across the street, or someone plows into you at an intersection. Without having auto insurance you are going to have to pay all the medical expenses, and legal fees of that person you hit when they sue you for everything you have, and own.
When a person hits you and your car, it’s usually their auto insurance which pays for your damages, but when you hit another car it’s your responsibility. If you don’t have auto insurance you are going to be up a creek without a paddle so to speak. Not only do you have to pay for any damages to their car, but if the people in the car are injured you have to pay all of their medical expenses, that can amount to hundreds of thousands of dollars if the accident is serious enough. How are you ever going to pay that?
So you still might not understand why you need auto insurance, but think about it, and what we have covered here. You don’t want to be broke the rest of your life, and you don’t want to end up in jail, so just go out and get the auto insurance that you need to have as required by law.