Why Do You Need Car Insurance? Reasons Why You Should Get Coverage
In almost all states, car insurance is required by law. A car insurance policy protects you and your passengers in an accident –– whether or not you’re at fault. Car insurance can save you from financial distress by footing the bill for medical costs and auto repairs. Knowing why you need car insurance and what type of coverage to purchase can help you make the most of your policy.
You primarily need car insurance because it’s required by law in most states. Drivers must purchase a minimum amount of car insurance, which varies by state and generally includes liability insurance and underinsured or uninsured motorist coverage.
In many cases, you may want to increase your coverage limit above and beyond what is required by law since doing so can help to ensure that you’re protected financially in the event of an accident. Not having enough coverage could mean you’re stuck paying a huge amount out of pocket for car repairs or medical bills after an accident.
You need car insurance to comply with your state’s rules and regulations.
Car insurance can also protect you financially in case of an accident.
Purchasing the right car insurance coverage for your needs can help to ensure that you’re protected.
Why Do You Need Car Insurance?
Car insurance protects you from the financial consequences of a car accident. While required by law, car insurance is important to help protect you, your family, and your finances. Increasing your coverage limits above the minimum coverage requirements can help ensure you have the coverage you need to cover expenses in the aftermath of an accident.
1
The Law
Car insurance is mandatory in most states, and each state has a minimum car insurance requirement that specifies the coverage types and minimum coverage limits you’ll need to meet. To legally operate your vehicle, you must purchase an auto insurance policy that meets your state’s requirements.
2
Financial Protection
A robust auto insurance policy can provide financial protection if you get into an accident. Car insurance can help pay for covered damages to another person’s vehicle, injuries to other parties, or damage to your car. Full coverage auto insurance typically includes liability coverage, comprehensive coverage and collision coverage.
3
Repair Coverage
Having adequate auto insurance coverage limits will help cover damage to your car if you’re in an accident. If you’re at fault, your policy will also cover damages to the other car involved in the accident. Without auto insurance, you could be on the hook for extensive repair costs.
4
For Loaned Cars
If you lease your car or if a lender finances your vehicle, chances are you’ll be required to purchase collision and comprehensive insurance. The state doesn’t require these types of insurance, but they can help to protect your car (and your lender’s investment) if it gets stolen or totaled. You may also consider purchasing gap insurance if you’re driving a new car.
5
Personal Protection
Auto insurance can help you pay for your medical bills after an accident and fill in gaps in your health insurance policy. Medical payment or Personal Injury Protection (PIP) coverage can help to cover the cost of hospital visits, doctors' bills and surgery. In some cases, it may also cover a portion of your lost wages if you cannot return to work.
AUTO INSURANCE IS A LEGAL REQUIREMENT
It’s never a good idea to drive a vehicle without your state’s required minimum auto insurance coverage. If caught, you could face a hefty fine, license suspension or even jail time, depending on state laws. Plus, you won’t have any financial protection if you're in an accident and may find yourself on the hook for auto repair and medical bills.
Why Is Car Insurance Mandatory?
Car insurance is mandatory in almost all states. Carrying car insurance protects you as a driver, as well as others on the road. Liability insurance covers damage you cause to other vehicles or individuals in an accident, while other types of personal car insurance, like collision and comprehensive coverage, cover damage to your own vehicle.
Requiring car insurance for all drivers helps ensure that an accident's results aren’t financially devastating, whether or not you’re at fault.
WHY YOU SHOULD CHOOSE INCREASED AUTO INSURANCE COVERAGE
While it may slightly increase your monthly premiums, it’s best to opt for a coverage limit higher than the required minimum in the long run. Increased auto insurance coverage is a safety net that will help to protect you financially if you get into a car accident. While we all hope that we never have to use our car insurance, it’s often better to be safe than sorry when choosing your coverage.
How Much Car Insurance Should You Get?
When deciding how much auto insurance coverage you need, you may consider sticking to the 100/300/100 rule of thumb. This rule suggests you purchase $100,000 in bodily injury liability coverage per person, $300,000 in bodily injury liability coverage per accident and $100,000 in property damage liability coverage per accident.
In addition to liability coverage, PIP or UM/UIM coverage may also be required. Even if it’s not mandatory, these types of coverage can still be a good idea since they help to cover medical bills and repairs if you’re in an accident. You may also want to add comprehensive and collision insurance, which covers damage to your car.
Listed below is the cost of full coverage per company:
Average Annual Premiums for Full Coverage Car Insurance
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Company
Average Annual Premium
Allstate
$640
Farmers
$594
Nationwide
$456
Progressive
$512
Travelers
$523
GEICO
$436
State Farm
$391
USAA
$289
The General
$1,438
Kemper
$709
Hanover
$1,460
Direct General Insurance
$739
CSAA
$649
National General
$756
MAPFRE
$398
Mercury
$693
Grange Insurance
$561
AAA
$479
Plymouth Rock Assurance
$358
Hartford
$551
Safety Group
$426
PEMCO
$284
Vermont Mutual
$267
American Family
$486
Alfa
$422
Farm Bureau Ins of MI
$779
NJM
$442
Country Financial
$440
Shelter
$532
North Carolina Farm Bureau
$340
Auto-Owners Insurance Co
$347
Texas Farm Bureau
$295
Amica Mutual
$507
West Bend Mutual
$343
Westfield
$387
American National P&C
$268
Arbella
$349
Erie
$365
Grinnell Mutual
$258
Chubb
$497
Western National
$308
Acuity
$462
Cincinnati Insurance
$262
Farmers
$1,084
Allstate
$1,109
Nationwide
$954
Progressive
$1,055
Travelers
$962
GEICO
$846
State Farm
$767
USAA
$654
The General
$2,520
Kemper
$1,455
Hanover
$2,564
National General
$1,586
Direct General Insurance
$1,191
CSAA
$1,230
MAPFRE
$1,004
Mercury
$1,361
Grange Insurance
$1,134
AAA
$1,070
Plymouth Rock Assurance
$826
Safety Group
$997
Hartford
$1,093
Vermont Mutual
$665
PEMCO
$586
Alfa
$1,026
Farm Bureau Ins of MI
$1,585
Country Financial
$968
American Family
$857
Shelter
$1,131
Western National
$1,208
NJM
$776
Auto-Owners Insurance Co
$795
Grinnell Mutual
$903
Amica Mutual
$1,030
North Carolina Farm Bureau
$637
Westfield
$1,000
Texas Farm Bureau
$633
West Bend Mutual
$791
Chubb
$1,164
Erie
$862
Arbella
$798
Acuity
$1,122
American National P&C
$575
Cincinnati Insurance
$675
Farmers
$978
Allstate
$988
Nationwide
$816
Progressive
$911
Travelers
$891
GEICO
$759
State Farm
$692
USAA
$597
Kemper
$1,326
The General
$2,181
Hanover
$2,517
Direct General Insurance
$1,093
National General
$1,375
CSAA
$1,063
MAPFRE
$947
Mercury
$1,209
Plymouth Rock Assurance
$849
Grange Insurance
$947
AAA
$864
Safety Group
$884
Hartford
$937
Vermont Mutual
$559
PEMCO
$495
Farm Bureau Ins of MI
$1,463
Alfa
$845
American Family
$826
Country Financial
$850
North Carolina Farm Bureau
$718
Shelter
$867
NJM
$678
Auto-Owners Insurance Co
$694
Western National
$933
Amica Mutual
$934
West Bend Mutual
$765
Westfield
$886
Texas Farm Bureau
$520
Grinnell Mutual
$697
Chubb
$1,019
Arbella
$711
Erie
$723
American National P&C
$487
Acuity
$982
Cincinnati Insurance
$556
Farmers
$1,001
Allstate
$1,014
Nationwide
$833
Progressive
$952
Travelers
$911
GEICO
$773
State Farm
$728
USAA
$590
The General
$2,379
Kemper
$1,319
Hanover
$2,445
Direct General Insurance
$1,101
CSAA
$1,113
National General
$1,355
MAPFRE
$947
Mercury
$1,264
Grange Insurance
$1,020
AAA
$946
Plymouth Rock Assurance
$731
Hartford
$974
Safety Group
$874
Vermont Mutual
$569
PEMCO
$518
Alfa
$936
Farm Bureau Ins of MI
$1,463
American Family
$802
Country Financial
$876
Shelter
$958
Western National
$1,031
NJM
$708
North Carolina Farm Bureau
$643
Auto-Owners Insurance Co
$722
Amica Mutual
$931
Grinnell Mutual
$782
Texas Farm Bureau
$569
West Bend Mutual
$737
Westfield
$858
Chubb
$1,062
Erie
$763
Arbella
$694
American National P&C
$527
Acuity
$1,019
Cincinnati Insurance
$607
Farmers
$929
Allstate
$904
Progressive
$776
Nationwide
$587
Travelers
$775
GEICO
$705
State Farm
$615
USAA
$420
Kemper
$1,010
The General
$1,921
Hanover
$2,172
Direct General Insurance
$1,081
CSAA
$963
National General
$996
Mercury
$1,055
MAPFRE
$543
Plymouth Rock Assurance
$688
AAA
$759
Grange Insurance
$765
Safety Group
$795
Hartford
$749
Vermont Mutual
$411
PEMCO
$387
American Family
$684
Alfa
$601
Country Financial
$658
North Carolina Farm Bureau
$571
Shelter
$777
NJM
$545
Amica Mutual
$817
Farm Bureau Ins of MI
$872
Auto-Owners Insurance Co
$506
Texas Farm Bureau
$419
Arbella
$631
West Bend Mutual
$510
Westfield
$563
American National P&C
$389
Chubb
$766
Erie
$525
Grinnell Mutual
$371
Western National
$478
Acuity
$698
Cincinnati Insurance
$372
Farmers
$1,382
Allstate
$1,326
Nationwide
$1,047
Progressive
$1,282
Farmers
$929
Allstate
$904
GEICO
$1,086
Travelers
$1,170
Nationwide
$587
Progressive
$776
State Farm
$944
GEICO
$705
Travelers
$775
State Farm
$615
USAA
$768
USAA
$420
Kemper
$1,711
The General
$3,002
Kemper
$1,010
Hanover
$3,092
The General
$1,921
Direct General Insurance
$1,533
CSAA
$1,544
National General
$1,789
Direct General Insurance
$1,081
MAPFRE
$1,148
Mercury
$1,710
Hanover
$2,172
CSAA
$963
AAA
$1,311
National General
$996
Grange Insurance
$1,336
MAPFRE
$543
Plymouth Rock Assurance
$975
Safety Group
$1,253
Mercury
$1,055
Hartford
$1,291
Plymouth Rock Assurance
$688
Vermont Mutual
$767
AAA
$759
Grange Insurance
$765
PEMCO
$689
Safety Group
$795
Alfa
$1,206
Hartford
$749
Vermont Mutual
$411
PEMCO
$387
American Family
$997
Country Financial
$1,127
Farm Bureau Ins of MI
$1,677
Shelter
$1,355
Western National
$1,355
NJM
$880
Auto-Owners Insurance Co
$927
Alfa
$601
North Carolina Farm Bureau
$748
American Family
$684
Amica Mutual
$1,272
Texas Farm Bureau
$758
Grinnell Mutual
$1,004
Westfield
$1,149
West Bend Mutual
$918
Country Financial
$658
North Carolina Farm Bureau
$571
Chubb
$1,372
Arbella
$956
NJM
$545
Shelter
$777
Erie
$964
Texas Farm Bureau
$419
Auto-Owners Insurance Co
$506
American National P&C
$672
Amica Mutual
$817
Acuity
$1,318
Farm Bureau Ins of MI
$872
West Bend Mutual
$510
Arbella
$631
American National P&C
$389
Grinnell Mutual
$371
Westfield
$563
Erie
$525
Cincinnati Insurance
$782
Western National
$478
Chubb
$766
Acuity
$698
Cincinnati Insurance
$372
Farmers
$1,276
Allstate
$1,205
Progressive
$1,138
Nationwide
$909
Travelers
$1,098
GEICO
$999
State Farm
$869
USAA
$710
Kemper
$1,583
The General
$2,664
Hanover
$3,046
Direct General Insurance
$1,435
CSAA
$1,377
National General
$1,577
MAPFRE
$1,092
Mercury
$1,558
Plymouth Rock Assurance
$999
Grange Insurance
$1,149
AAA
$1,105
Safety Group
$1,140
Hartford
$1,135
Vermont Mutual
$661
PEMCO
$598
Alfa
$1,024
American Family
$966
Farm Bureau Ins of MI
$1,555
Country Financial
$1,009
North Carolina Farm Bureau
$829
Shelter
$1,091
NJM
$781
Auto-Owners Insurance Co
$826
Amica Mutual
$1,177
Western National
$1,080
Texas Farm Bureau
$644
West Bend Mutual
$892
Westfield
$1,035
Grinnell Mutual
$798
Chubb
$1,227
Arbella
$868
Erie
$826
American National P&C
$584
Acuity
$1,178
Cincinnati Insurance
$663
Farmers
$1,298
Allstate
$1,231
Progressive
$1,179
Nationwide
$926
Travelers
$1,118
GEICO
$1,013
State Farm
$905
USAA
$704
The General
$2,862
Kemper
$1,575
Hanover
$2,973
Direct General Insurance
$1,443
CSAA
$1,427
National General
$1,558
MAPFRE
$1,092
Mercury
$1,613
Grange Insurance
$1,222
AAA
$1,187
Safety Group
$1,130
Plymouth Rock Assurance
$881
Hartford
$1,172
Vermont Mutual
$671
PEMCO
$621
Alfa
$1,115
Farm Bureau Ins of MI
$1,556
American Family
$941
Country Financial
$1,034
Shelter
$1,182
North Carolina Farm Bureau
$754
NJM
$812
Auto-Owners Insurance Co
$853
Western National
$1,177
Amica Mutual
$1,174
Texas Farm Bureau
$693
Grinnell Mutual
$883
West Bend Mutual
$864
Westfield
$1,007
Chubb
$1,270
Arbella
$852
Erie
$865
American National P&C
$624
Acuity
$1,216
Cincinnati Insurance
$714
Farmers
$769
Allstate
$786
Progressive
$664
Nationwide
$495
GEICO
$602
Travelers
$644
State Farm
$499
USAA
$365
The General
$1,921
Kemper
$908
Hanover
$1,860
Direct General Insurance
$1,081
CSAA
$851
National General
$860
MAPFRE
$491
Mercury
$899
Grange Insurance
$657
AAA
$635
Plymouth Rock Assurance
$475
Hartford
$685
Safety Group
$600
PEMCO
$334
Vermont Mutual
$288
Alfa
$601
American Family
$558
Country Financial
$543
NJM
$531
North Carolina Farm Bureau
$449
Shelter
$648
Farm Bureau Ins of MI
$801
Amica Mutual
$676
Auto-Owners Insurance Co
$416
Texas Farm Bureau
$354
Arbella
$512
West Bend Mutual
$404
American National P&C
$329
Westfield
$468
Chubb
$656
Erie
$447
Grinnell Mutual
$314
Western National
$398
Acuity
$551
Cincinnati Insurance
$328
Farmers
$1,243
Allstate
$1,238
Progressive
$1,190
Nationwide
$977
GEICO
$996
Travelers
$1,067
State Farm
$858
USAA
$722
The General
$3,002
Kemper
$1,629
Hanover
$2,876
Direct General Insurance
$1,533
CSAA
$1,432
National General
$1,671
MAPFRE
$1,096
Mercury
$1,560
AAA
$1,208
Grange Insurance
$1,230
Plymouth Rock Assurance
$915
Safety Group
$1,142
Hartford
$1,226
Vermont Mutual
$686
Alfa
$1,206
PEMCO
$638
Farm Bureau Ins of MI
$1,606
Country Financial
$1,051
American Family
$913
Shelter
$1,237
Western National
$1,287
NJM
$866
Auto-Owners Insurance Co
$854
Amica Mutual
$1,178
North Carolina Farm Bureau
$701
Grinnell Mutual
$951
Texas Farm Bureau
$693
Westfield
$1,082
Chubb
$1,301
West Bend Mutual
$840
Arbella
$913
Erie
$918
American National P&C
$626
Acuity
$1,204
Cincinnati Insurance
$739
Farmers
$1,137
Allstate
$1,117
Progressive
$1,047
Nationwide
$839
Travelers
$996
GEICO
$909
State Farm
$783
USAA
$664
The General
$2,664
Kemper
$1,500
Hanover
$2,830
Direct General Insurance
$1,435
CSAA
$1,265
National General
$1,460
MAPFRE
$1,040
Mercury
$1,408
Plymouth Rock Assurance
$939
Grange Insurance
$1,042
AAA
$1,003
Safety Group
$1,029
Hartford
$1,070
Vermont Mutual
$580
PEMCO
$546
Alfa
$1,024
Farm Bureau Ins of MI
$1,484
American Family
$882
Country Financial
$933
North Carolina Farm Bureau
$782
NJM
$767
Shelter
$973
Auto-Owners Insurance Co
$753
Amica Mutual
$1,083
Western National
$1,012
West Bend Mutual
$814
Texas Farm Bureau
$580
Westfield
$968
Grinnell Mutual
$745
Chubb
$1,156
Arbella
$826
Erie
$780
American National P&C
$538
Acuity
$1,065
Cincinnati Insurance
$620
Farmers
$1,160
Allstate
$1,143
Progressive
$1,088
Nationwide
$856
Travelers
$1,015
GEICO
$923
State Farm
$819
USAA
$658
The General
$2,862
Kemper
$1,492
Hanover
$2,757
Direct General Insurance
$1,443
CSAA
$1,315
National General
$1,441
MAPFRE
$1,040
Mercury
$1,463
Grange Insurance
$1,116
AAA
$1,085
Plymouth Rock Assurance
$820
Safety Group
$1,019
Hartford
$1,108
Vermont Mutual
$590
Alfa
$1,115
PEMCO
$569
Farm Bureau Ins of MI
$1,484
American Family
$858
Country Financial
$958
Shelter
$1,064
NJM
$798
North Carolina Farm Bureau
$708
Western National
$1,109
Auto-Owners Insurance Co
$780
Amica Mutual
$1,080
Texas Farm Bureau
$629
Grinnell Mutual
$830
West Bend Mutual
$786
Westfield
$940
Chubb
$1,199
Arbella
$809
Erie
$819
American National P&C
$578
Acuity
$1,102
Cincinnati Insurance
$671
Farmers
$572
Allstate
$604
Nationwide
$462
Progressive
$514
Travelers
$504
GEICO
$424
State Farm
$409
USAA
$283
The General
$1,263
Kemper
$640
Hanover
$1,346
Direct General Insurance
$763
CSAA
$737
National General
$692
Mercury
$664
MAPFRE
$355
Hartford
$632
Grange Insurance
$521
Safety Group
$557
AAA
$476
Plymouth Rock Assurance
$370
Vermont Mutual
$293
PEMCO
$262
Farm Bureau Ins of MI
$813
American Family
$479
Shelter
$628
NJM
$509
Alfa
$397
Country Financial
$446
North Carolina Farm Bureau
$341
Texas Farm Bureau
$339
Auto-Owners Insurance Co
$340
Arbella
$460
Amica Mutual
$451
Chubb
$544
West Bend Mutual
$312
Grinnell Mutual
$298
Erie
$366
Westfield
$356
American National P&C
$238
Western National
$319
Acuity
$429
Cincinnati Insurance
$289
Farmers
$1,149
Nationwide
$1,048
Allstate
$1,114
Progressive
$1,097
Travelers
$998
GEICO
$879
State Farm
$834
USAA
$688
Kemper
$1,423
The General
$2,395
Hanover
$2,625
CSAA
$1,389
Direct General Insurance
$1,286
National General
$1,504
MAPFRE
$893
Mercury
$1,343
Safety Group
$1,324
Grange Insurance
$1,155
AAA
$1,126
Hartford
$1,259
Plymouth Rock Assurance
$870
Vermont Mutual
$729
Farm Bureau Ins of MI
$1,721
Alfa
$1,069
PEMCO
$551
Shelter
$1,376
Country Financial
$1,058
American Family
$890
Western National
$1,314
Grinnell Mutual
$1,110
NJM
$905
Auto-Owners Insurance Co
$861
Texas Farm Bureau
$776
Arbella
$1,059
Westfield
$1,066
Chubb
$1,304
North Carolina Farm Bureau
$643
West Bend Mutual
$767
Amica Mutual
$914
Erie
$863
Acuity
$1,186
American National P&C
$599
Cincinnati Insurance
$805
Farmers
$1,014
Nationwide
$876
Allstate
$976
Progressive
$940
Travelers
$915
GEICO
$782
State Farm
$743
USAA
$618
Kemper
$1,292
The General
$2,107
Hanover
$2,575
Direct General Insurance
$1,162
CSAA
$1,204
National General
$1,292
MAPFRE
$920
Mercury
$1,202
Safety Group
$1,144
Plymouth Rock Assurance
$888
Grange Insurance
$955
AAA
$896
Hartford
$1,072
Vermont Mutual
$616
Farm Bureau Ins of MI
$1,589
PEMCO
$462
Alfa
$857
American Family
$846
Country Financial
$914
Shelter
$1,035
NJM
$787
North Carolina Farm Bureau
$723
Auto-Owners Insurance Co
$732
Western National
$1,011
Grinnell Mutual
$857
Texas Farm Bureau
$627
Arbella
$901
Westfield
$933
West Bend Mutual
$752
Chubb
$1,129
Amica Mutual
$831
Erie
$726
American National P&C
$490
Acuity
$1,041
Cincinnati Insurance
$656
Farmers
$1,045
Allstate
$1,008
Nationwide
$901
Progressive
$985
Travelers
$936
GEICO
$795
State Farm
$787
USAA
$614
The General
$2,245
Kemper
$1,272
Hanover
$2,460
Direct General Insurance
$1,178
CSAA
$1,257
National General
$1,273
MAPFRE
$843
Mercury
$1,242
Safety Group
$1,134
Grange Insurance
$1,027
AAA
$989
Hartford
$1,117
Plymouth Rock Assurance
$767
Vermont Mutual
$614
Farm Bureau Ins of MI
$1,583
Alfa
$964
PEMCO
$486
Shelter
$1,152
Country Financial
$948
American Family
$826
NJM
$822
Western National
$1,115
Grinnell Mutual
$954
Auto-Owners Insurance Co
$771
Texas Farm Bureau
$691
North Carolina Farm Bureau
$648
Chubb
$1,183
Arbella
$904
Westfield
$902
West Bend Mutual
$709
Amica Mutual
$830
Erie
$763
Acuity
$1,068
American National P&C
$540
Cincinnati Insurance
$720
Farmers
$883
Allstate
$851
Nationwide
$611
Progressive
$765
Travelers
$753
GEICO
$686
State Farm
$651
USAA
$403
Kemper
$905
The General
$1,708
Hanover
$2,043
Direct General Insurance
$1,089
CSAA
$1,153
National General
$880
Mercury
$987
MAPFRE
$555
Safety Group
$1,080
Plymouth Rock Assurance
$703
AAA
$753
Grange Insurance
$735
Hartford
$849
Vermont Mutual
$468
PEMCO
$357
Shelter
$923
American Family
$668
Alfa
$567
Country Financial
$673
NJM
$636
North Carolina Farm Bureau
$576
Farm Bureau Ins of MI
$916
Arbella
$795
Texas Farm Bureau
$483
Auto-Owners Insurance Co
$493
Amica Mutual
$727
Chubb
$827
West Bend Mutual
$481
Grinnell Mutual
$435
Westfield
$528
Erie
$528
Western National
$489
American National P&C
$348
Acuity
$671
Cincinnati Insurance
$412
Farmers
$1,430
Allstate
$1,315
Nationwide
$1,160
Progressive
$1,317
Farmers
$883
Travelers
$1,199
GEICO
$1,112
Allstate
$851
Nationwide
$611
State Farm
$1,029
Progressive
$765
GEICO
$686
Travelers
$753
State Farm
$651
USAA
$790
USAA
$403
Kemper
$1,643
The General
$2,840
Kemper
$905
Hanover
$3,122
CSAA
$1,805
Direct General Insurance
$1,612
The General
$1,708
National General
$1,660
Direct General Insurance
$1,089
CSAA
$1,153
MAPFRE
$1,090
Mercury
$1,652
Hanover
$2,043
Safety Group
$1,721
AAA
$1,365
Grange Insurance
$1,369
MAPFRE
$555
Hartford
$1,475
National General
$880
Plymouth Rock Assurance
$1,017
Mercury
$987
Safety Group
$1,080
Vermont Mutual
$858
Plymouth Rock Assurance
$703
AAA
$753
Grange Insurance
$735
PEMCO
$646
Alfa
$1,239
Hartford
$849
Vermont Mutual
$468
Shelter
$1,653
Farm Bureau Ins of MI
$1,818
PEMCO
$357
Country Financial
$1,225
American Family
$1,022
NJM
$1,032
Western National
$1,461
Grinnell Mutual
$1,234
Texas Farm Bureau
$920
Auto-Owners Insurance Co
$993
Arbella
$1,269
North Carolina Farm Bureau
$758
Alfa
$567
American Family
$668
Westfield
$1,206
Chubb
$1,525
Country Financial
$673
Shelter
$923
North Carolina Farm Bureau
$576
Amica Mutual
$1,128
West Bend Mutual
$894
NJM
$636
Texas Farm Bureau
$483
Erie
$967
American National P&C
$685
Auto-Owners Insurance Co
$493
Acuity
$1,387
Arbella
$795
Farm Bureau Ins of MI
$916
Amica Mutual
$727
West Bend Mutual
$481
Cincinnati Insurance
$926
Grinnell Mutual
$435
American National P&C
$348
Westfield
$528
Erie
$528
Western National
$489
Chubb
$827
Acuity
$671
Cincinnati Insurance
$412
Farmers
$1,294
Allstate
$1,177
Nationwide
$988
Progressive
$1,160
Travelers
$1,115
GEICO
$1,015
State Farm
$937
USAA
$721
Kemper
$1,511
The General
$2,551
Hanover
$3,072
CSAA
$1,621
Direct General Insurance
$1,489
MAPFRE
$1,117
National General
$1,447
Mercury
$1,511
Safety Group
$1,541
Plymouth Rock Assurance
$1,035
Grange Insurance
$1,169
AAA
$1,135
Hartford
$1,288
Vermont Mutual
$745
PEMCO
$557
Alfa
$1,027
Farm Bureau Ins of MI
$1,686
American Family
$978
Shelter
$1,313
Country Financial
$1,082
NJM
$915
North Carolina Farm Bureau
$838
Auto-Owners Insurance Co
$864
Texas Farm Bureau
$771
Western National
$1,159
Arbella
$1,112
Grinnell Mutual
$981
Westfield
$1,074
West Bend Mutual
$879
Chubb
$1,350
Amica Mutual
$1,045
Erie
$830
Acuity
$1,241
American National P&C
$576
Cincinnati Insurance
$776
Farmers
$1,326
Allstate
$1,209
Nationwide
$1,013
Progressive
$1,204
Travelers
$1,137
GEICO
$1,028
State Farm
$981
USAA
$716
The General
$2,690
Kemper
$1,491
Hanover
$2,957
CSAA
$1,674
Direct General Insurance
$1,504
National General
$1,429
MAPFRE
$1,040
Mercury
$1,552
Safety Group
$1,531
AAA
$1,227
Grange Insurance
$1,241
Hartford
$1,334
Plymouth Rock Assurance
$914
Vermont Mutual
$743
Alfa
$1,134
PEMCO
$581
Farm Bureau Ins of MI
$1,680
Shelter
$1,430
Country Financial
$1,116
American Family
$958
NJM
$949
Western National
$1,263
Grinnell Mutual
$1,078
Texas Farm Bureau
$835
Auto-Owners Insurance Co
$902
North Carolina Farm Bureau
$764
Arbella
$1,115
Chubb
$1,405
Westfield
$1,042
Amica Mutual
$1,044
West Bend Mutual
$836
Erie
$867
Acuity
$1,269
American National P&C
$626
Cincinnati Insurance
$840
Farmers
$731
Allstate
$738
Progressive
$666
Nationwide
$506
GEICO
$579
Travelers
$621
State Farm
$523
USAA
$357
The General
$1,666
Kemper
$806
Direct General Insurance
$1,088
Hanover
$1,708
CSAA
$978
National General
$754
Mercury
$856
MAPFRE
$438
Safety Group
$800
AAA
$627
Hartford
$780
Grange Insurance
$619
Plymouth Rock Assurance
$492
Vermont Mutual
$322
PEMCO
$309
Alfa
$568
American Family
$548
NJM
$609
Shelter
$756
Country Financial
$553
North Carolina Farm Bureau
$450
Farm Bureau Ins of MI
$836
Texas Farm Bureau
$408
Arbella
$662
Auto-Owners Insurance Co
$408
Amica Mutual
$604
Chubb
$712
West Bend Mutual
$367
Grinnell Mutual
$361
Erie
$448
American National P&C
$292
Westfield
$435
Western National
$412
Acuity
$513
Cincinnati Insurance
$361
Farmers
$1,296
Allstate
$1,230
Nationwide
$1,077
Progressive
$1,232
Travelers
$1,099
GEICO
$1,020
State Farm
$931
USAA
$753
The General
$2,797
Kemper
$1,566
Hanover
$2,909
Direct General Insurance
$1,611
CSAA
$1,631
National General
$1,552
Mercury
$1,528
MAPFRE
$975
Safety Group
$1,536
AAA
$1,261
Grange Insurance
$1,254
Hartford
$1,407
Plymouth Rock Assurance
$963
Vermont Mutual
$758
Alfa
$1,241
PEMCO
$598
Farm Bureau Ins of MI
$1,743
Shelter
$1,495
Country Financial
$1,145
American Family
$944
Western National
$1,395
NJM
$1,005
Grinnell Mutual
$1,166
Arbella
$1,212
Auto-Owners Insurance Co
$920
Texas Farm Bureau
$845
Chubb
$1,451
North Carolina Farm Bureau
$707
Westfield
$1,143
Amica Mutual
$1,046
West Bend Mutual
$810
Erie
$920
Acuity
$1,264
American National P&C
$644
Cincinnati Insurance
$876
Farmers
$1,160
Allstate
$1,092
Nationwide
$905
Progressive
$1,076
Travelers
$1,015
GEICO
$923
State Farm
$839
USAA
$683
Kemper
$1,434
The General
$2,509
Hanover
$2,859
Direct General Insurance
$1,487
CSAA
$1,446
MAPFRE
$1,002
National General
$1,339
Mercury
$1,387
Safety Group
$1,356
Plymouth Rock Assurance
$981
AAA
$1,031
Grange Insurance
$1,054
Hartford
$1,220
Vermont Mutual
$645
PEMCO
$509
Alfa
$1,028
Farm Bureau Ins of MI
$1,612
American Family
$901
Country Financial
$1,001
Shelter
$1,155
NJM
$887
North Carolina Farm Bureau
$787
Auto-Owners Insurance Co
$792
Western National
$1,092
Arbella
$1,055
Texas Farm Bureau
$696
Grinnell Mutual
$913
Westfield
$1,011
Chubb
$1,275
West Bend Mutual
$794
Amica Mutual
$963
Erie
$783
American National P&C
$535
Acuity
$1,118
Cincinnati Insurance
$727
Farmers
$1,192
Allstate
$1,124
Nationwide
$930
Progressive
$1,120
Travelers
$1,037
GEICO
$936
State Farm
$883
USAA
$679
The General
$2,647
Kemper
$1,414
Hanover
$2,744
Direct General Insurance
$1,503
CSAA
$1,499
National General
$1,321
MAPFRE
$926
Mercury
$1,428
Safety Group
$1,346
AAA
$1,123
Grange Insurance
$1,126
Hartford
$1,265
Plymouth Rock Assurance
$861
Vermont Mutual
$643
Alfa
$1,136
PEMCO
$533
Farm Bureau Ins of MI
$1,605
Shelter
$1,272
Country Financial
$1,036
American Family
$880
NJM
$922
Western National
$1,197
Grinnell Mutual
$1,010
Auto-Owners Insurance Co
$830
Texas Farm Bureau
$760
North Carolina Farm Bureau
$713
Arbella
$1,058
Chubb
$1,330
Westfield
$979
Amica Mutual
$962
West Bend Mutual
$752
Erie
$820
American National P&C
$585
Acuity
$1,146
Cincinnati Insurance
$790
Farmers
$692
Nationwide
$592
Allstate
$641
Progressive
$579
GEICO
$500
Travelers
$548
State Farm
$494
USAA
$340
The General
$1,911
Kemper
$745
MAPFRE
$1,382
Hanover
$1,750
Direct General Insurance
$928
CSAA
$873
National General
$843
Mercury
$767
Hartford
$828
Safety Group
$704
AAA
$605
Grange Insurance
$571
Plymouth Rock Assurance
$409
Vermont Mutual
$446
PEMCO
$326
Shelter
$901
Alfa
$543
Farm Bureau Ins of MI
$1,006
American Family
$559
Country Financial
$609
NJM
$605
North Carolina Farm Bureau
$425
Texas Farm Bureau
$433
Auto-Owners Insurance Co
$441
West Bend Mutual
$470
Chubb
$784
Arbella
$472
Grinnell Mutual
$380
Amica Mutual
$491
Western National
$472
Erie
$457
Westfield
$444
American National P&C
$279
Acuity
$607
Cincinnati Insurance
$405
Farmers
$1,374
Nationwide
$1,295
Allstate
$1,252
Progressive
$1,343
Travelers
$1,147
GEICO
$1,053
State Farm
$1,045
USAA
$853
MAPFRE
$3,483
The General
$3,580
Kemper
$1,772
Hanover
$3,341
Direct General Insurance
$1,591
CSAA
$1,612
National General
$1,861
Mercury
$1,699
Safety Group
$1,668
AAA
$1,469
Hartford
$1,665
Grange Insurance
$1,316
Plymouth Rock Assurance
$1,023
Vermont Mutual
$1,122
Shelter
$1,959
Alfa
$1,431
PEMCO
$698
Farm Bureau Ins of MI
$2,127
Western National
$1,927
Country Financial
$1,394
Grinnell Mutual
$1,509
American Family
$1,052
NJM
$1,106
Auto-Owners Insurance Co
$1,147
Chubb
$1,805
Texas Farm Bureau
$939
Westfield
$1,383
North Carolina Farm Bureau
$811
West Bend Mutual
$1,101
Arbella
$1,081
Erie
$1,096
Acuity
$1,590
Amica Mutual
$1,023
American National P&C
$745
Cincinnati Insurance
$1,107
Farmers
$1,204
Nationwide
$1,073
Allstate
$1,076
Progressive
$1,118
Travelers
$1,033
GEICO
$921
State Farm
$915
USAA
$760
MAPFRE
$3,289
The General
$3,057
Kemper
$1,566
Hanover
$3,174
Direct General Insurance
$1,438
CSAA
$1,398
National General
$1,572
Mercury
$1,480
Safety Group
$1,413
Hartford
$1,424
AAA
$1,151
Plymouth Rock Assurance
$997
Grange Insurance
$1,065
Vermont Mutual
$921
Farm Bureau Ins of MI
$1,957
PEMCO
$582
Alfa
$1,164
Shelter
$1,479
Country Financial
$1,188
American Family
$990
Western National
$1,472
North Carolina Farm Bureau
$880
NJM
$946
Auto-Owners Insurance Co
$963
Grinnell Mutual
$1,140
West Bend Mutual
$1,051
Texas Farm Bureau
$765
Chubb
$1,538
Westfield
$1,205
Arbella
$918
Amica Mutual
$927
Erie
$900
Acuity
$1,364
American National P&C
$599
Cincinnati Insurance
$897
Farmers
$1,249
Nationwide
$1,110
Allstate
$1,121
Progressive
$1,188
Travelers
$1,069
GEICO
$946
State Farm
$982
USAA
$754
MAPFRE
$3,289
The General
$3,363
Kemper
$1,564
Hanover
$3,118
Direct General Insurance
$1,450
CSAA
$1,462
National General
$1,554
Mercury
$1,560
Safety Group
$1,442
AAA
$1,281
Hartford
$1,478
Grange Insurance
$1,165
Plymouth Rock Assurance
$882
Vermont Mutual
$960
Alfa
$1,300
PEMCO
$613
Farm Bureau Ins of MI
$1,958
Shelter
$1,641
Country Financial
$1,244
Western National
$1,636
American Family
$972
Grinnell Mutual
$1,292
NJM
$995
Auto-Owners Insurance Co
$1,021
North Carolina Farm Bureau
$805
Texas Farm Bureau
$840
Chubb
$1,630
West Bend Mutual
$1,022
Westfield
$1,174
Arbella
$923
Erie
$961
Acuity
$1,436
Amica Mutual
$925
American National P&C
$668
Cincinnati Insurance
$989
Farmers
$1,069
Allstate
$898
Nationwide
$767
Progressive
$888
GEICO
$808
Travelers
$821
State Farm
$768
USAA
$496
The General
$2,558
Kemper
$1,031
MAPFRE
$1,885
Hanover
$2,590
Direct General Insurance
$1,398
CSAA
$1,344
National General
$1,055
Mercury
$1,188
Safety Group
$1,274
AAA
$946
Hartford
$1,147
Plymouth Rock Assurance
$790
Grange Insurance
$809
Vermont Mutual
$669
PEMCO
$442
Shelter
$1,303
Alfa
$787
Country Financial
$906
American Family
$779
NJM
$800
North Carolina Farm Bureau
$682
Farm Bureau Ins of MI
$1,125
Texas Farm Bureau
$625
Auto-Owners Insurance Co
$644
Chubb
$1,143
Arbella
$812
West Bend Mutual
$684
Amica Mutual
$815
Western National
$723
Grinnell Mutual
$543
Westfield
$655
Erie
$645
American National P&C
$405
Acuity
$912
Cincinnati Insurance
$575
Farmers
$1,724
Nationwide
$1,433
Progressive
$1,621
Allstate
$1,464
Farmers
$1,069
GEICO
$1,334
Travelers
$1,373
Nationwide
$767
Allstate
$898
State Farm
$1,272
Progressive
$888
GEICO
$808
Travelers
$821
State Farm
$768
USAA
$992
USAA
$496
The General
$4,227
MAPFRE
$3,986
Kemper
$2,016
Kemper
$1,031
Hanover
$4,010
The General
$2,558
Direct General Insurance
$2,061
CSAA
$2,083
MAPFRE
$1,885
Direct General Insurance
$1,398
National General
$2,040
CSAA
$1,344
Mercury
$2,107
Hanover
$2,590
Safety Group
$2,107
AAA
$1,772
Hartford
$1,984
Grange Insurance
$1,555
National General
$1,055
Plymouth Rock Assurance
$1,213
Vermont Mutual
$1,296
Mercury
$1,188
Safety Group
$1,274
Plymouth Rock Assurance
$790
AAA
$946
PEMCO
$814
Alfa
$1,674
Grange Insurance
$809
Hartford
$1,147
Shelter
$2,342
Vermont Mutual
$669
PEMCO
$442
Country Financial
$1,631
Western National
$2,157
Farm Bureau Ins of MI
$2,247
American Family
$1,217
Grinnell Mutual
$1,661
NJM
$1,301
Auto-Owners Insurance Co
$1,330
Texas Farm Bureau
$1,130
Alfa
$787
North Carolina Farm Bureau
$948
Chubb
$2,103
American Family
$779
Shelter
$1,303
Westfield
$1,563
West Bend Mutual
$1,274
Country Financial
$906
North Carolina Farm Bureau
$682
NJM
$800
Arbella
$1,297
Texas Farm Bureau
$625
Amica Mutual
$1,275
Erie
$1,226
Auto-Owners Insurance Co
$644
American National P&C
$847
Acuity
$1,857
Farm Bureau Ins of MI
$1,125
West Bend Mutual
$684
Arbella
$812
Cincinnati Insurance
$1,274
Grinnell Mutual
$543
Amica Mutual
$815
Western National
$723
American National P&C
$405
Chubb
$1,143
Westfield
$655
Erie
$645
Acuity
$912
Cincinnati Insurance
$575
Farmers
$1,554
Nationwide
$1,211
Allstate
$1,288
Progressive
$1,396
GEICO
$1,202
Travelers
$1,259
State Farm
$1,142
USAA
$899
MAPFRE
$3,792
The General
$3,704
Kemper
$1,810
Hanover
$3,843
Direct General Insurance
$1,908
CSAA
$1,870
National General
$1,751
Mercury
$1,888
Safety Group
$1,852
AAA
$1,454
Hartford
$1,743
Plymouth Rock Assurance
$1,187
Grange Insurance
$1,304
Vermont Mutual
$1,095
Alfa
$1,408
PEMCO
$699
Shelter
$1,862
Farm Bureau Ins of MI
$2,077
Country Financial
$1,426
American Family
$1,154
Western National
$1,702
NJM
$1,140
North Carolina Farm Bureau
$1,017
Auto-Owners Insurance Co
$1,146
Grinnell Mutual
$1,292
Texas Farm Bureau
$957
Chubb
$1,836
West Bend Mutual
$1,224
Westfield
$1,384
Arbella
$1,134
Amica Mutual
$1,179
Acuity
$1,631
Erie
$1,030
American National P&C
$701
Cincinnati Insurance
$1,065
Farmers
$1,600
Nationwide
$1,248
Progressive
$1,466
Allstate
$1,332
GEICO
$1,228
Travelers
$1,295
State Farm
$1,209
USAA
$893
The General
$4,010
MAPFRE
$3,792
Kemper
$1,807
Hanover
$3,787
Direct General Insurance
$1,920
CSAA
$1,933
National General
$1,733
Mercury
$1,968
Safety Group
$1,881
AAA
$1,584
Hartford
$1,797
Grange Insurance
$1,403
Plymouth Rock Assurance
$1,072
Vermont Mutual
$1,134
Alfa
$1,543
PEMCO
$729
Shelter
$2,025
Country Financial
$1,481
Farm Bureau Ins of MI
$2,077
Western National
$1,865
American Family
$1,137
NJM
$1,190
Grinnell Mutual
$1,444
Auto-Owners Insurance Co
$1,205
Texas Farm Bureau
$1,032
North Carolina Farm Bureau
$943
Chubb
$1,928
West Bend Mutual
$1,194
Westfield
$1,354
Arbella
$1,138
Amica Mutual
$1,176
Acuity
$1,703
Erie
$1,091
American National P&C
$770
Cincinnati Insurance
$1,157
Farmers
$891
Allstate
$784
Nationwide
$644
Progressive
$757
GEICO
$691
Travelers
$679
State Farm
$629
USAA
$431
The General
$2,558
Kemper
$932
MAPFRE
$1,704
Direct General Insurance
$1,398
Hanover
$2,221
CSAA
$1,176
National General
$909
Mercury
$1,007
Safety Group
$985
Hartford
$1,041
AAA
$793
Plymouth Rock Assurance
$552
Grange Insurance
$684
Vermont Mutual
$481
PEMCO
$382
Alfa
$787
Shelter
$1,089
NJM
$773
American Family
$644
Country Financial
$753
North Carolina Farm Bureau
$551
Farm Bureau Ins of MI
$1,034
Texas Farm Bureau
$525
Auto-Owners Insurance Co
$530
Chubb
$1,028
Arbella
$678
West Bend Mutual
$549
Amica Mutual
$673
Western National
$606
Grinnell Mutual
$460
Erie
$556
Westfield
$544
American National P&C
$342
Acuity
$727
Cincinnati Insurance
$505
Farmers
$1,561
Nationwide
$1,331
Allstate
$1,378
Progressive
$1,508
GEICO
$1,230
Travelers
$1,261
State Farm
$1,163
USAA
$935
The General
$4,227
MAPFRE
$3,805
Kemper
$1,936
Hanover
$3,735
Direct General Insurance
$2,061
CSAA
$1,915
National General
$1,912
Mercury
$1,932
Safety Group
$1,917
AAA
$1,642
Hartford
$1,879
Grange Insurance
$1,431
Plymouth Rock Assurance
$1,137
Vermont Mutual
$1,157
Alfa
$1,674
PEMCO
$755
Shelter
$2,138
Western National
$2,050
Country Financial
$1,518
Farm Bureau Ins of MI
$2,155
American Family
$1,122
NJM
$1,274
Grinnell Mutual
$1,581
Auto-Owners Insurance Co
$1,228
Texas Farm Bureau
$1,031
Chubb
$2,028
North Carolina Farm Bureau
$891
Westfield
$1,482
West Bend Mutual
$1,168
Arbella
$1,239
Amica Mutual
$1,181
Erie
$1,169
American National P&C
$798
Acuity
$1,704
Cincinnati Insurance
$1,205
Farmers
$1,391
Nationwide
$1,110
Allstate
$1,202
Progressive
$1,283
GEICO
$1,098
Travelers
$1,147
State Farm
$1,032
USAA
$842
MAPFRE
$3,611
The General
$3,704
Kemper
$1,730
Hanover
$3,568
Direct General Insurance
$1,908
CSAA
$1,702
National General
$1,624
Mercury
$1,713
Safety Group
$1,662
Hartford
$1,638
AAA
$1,324
Plymouth Rock Assurance
$1,111
Grange Insurance
$1,180
Vermont Mutual
$957
Alfa
$1,408
PEMCO
$640
Farm Bureau Ins of MI
$1,985
Shelter
$1,658
Country Financial
$1,313
American Family
$1,060
Western National
$1,595
NJM
$1,114
North Carolina Farm Bureau
$960
Auto-Owners Insurance Co
$1,044
Grinnell Mutual
$1,213
Chubb
$1,761
Texas Farm Bureau
$858
West Bend Mutual
$1,118
Westfield
$1,304
Arbella
$1,076
Amica Mutual
$1,085
Erie
$973
Acuity
$1,477
American National P&C
$652
Cincinnati Insurance
$996
Farmers
$1,437
Nationwide
$1,146
Allstate
$1,247
Progressive
$1,353
GEICO
$1,123
Travelers
$1,183
State Farm
$1,099
USAA
$836
The General
$4,010
MAPFRE
$3,611
Kemper
$1,728
Hanover
$3,512
Direct General Insurance
$1,920
CSAA
$1,766
National General
$1,606
Mercury
$1,793
Safety Group
$1,691
AAA
$1,453
Hartford
$1,692
Grange Insurance
$1,280
Plymouth Rock Assurance
$996
Vermont Mutual
$996
Alfa
$1,543
PEMCO
$670
Shelter
$1,821
Country Financial
$1,369
Farm Bureau Ins of MI
$1,985
Western National
$1,758
American Family
$1,042
NJM
$1,163
Grinnell Mutual
$1,364
Auto-Owners Insurance Co
$1,103
North Carolina Farm Bureau
$886
Texas Farm Bureau
$932
Chubb
$1,853
West Bend Mutual
$1,089
Westfield
$1,273
Arbella
$1,081
Amica Mutual
$1,082
Erie
$1,034
American National P&C
$721
Acuity
$1,550
Cincinnati Insurance
$1,088
Compare Auto Insurance Rates
Ensure you are getting the best rate for your insurance. Compare quotes from the top insurance companies.
WHY FULL COVERAGE IS A GOOD IDEA
Most states only require liability insurance, while some also require PIP or UM/UIM. But in order to fully protect yourself, you should consider full coverage insurance, which at a minimum, includes liability, UM/UIM, and comprehensive and collision insurance coverage.
Car Insurance Add-Ons You May Want to Get
In many cases, opting for additional auto insurance coverage above and beyond liability insurance is a good idea. In many cases, these additional coverage types aren’t that expensive, adding only a few dollars to your monthly insurance bill.
They can provide extra peace of mind and save you a lot of money if you end up in an accident. Not all of these add-ons are available from all insurers, so you should ask your insurance company which ones you can add to your policy.
Car Insurance Add-Ons
Car Insurance Add-Ons
Description
Roadside Assistance
Roadside assistance helps drivers with fuel delivery, changing flat tires, jump-starting batteries, vehicle lockouts and more. If you have another roadside assistance provider, like AAA, you probably don’t need this type of coverage.
Gap Insurance
Once you drive your new car off the lot, it immediately depreciates. Gap insurance waives the difference between your auto insurance settlement and the outstanding balance on your auto loan in the event of a loss, which can help to ensure that you don’t still owe your lender money if your car is totaled.
Custom Parts Coverage
Custom parts coverage provides coverage if any custom equipment, such as special carpeting, bars, height-extending roofs, custom murals, decals or graphics, are damaged or destroyed by a comprehensive type loss.
PIP
Personal Injury Protection Coverage covers medical expenses regardless of who is at fault in an accident. In some cases, it may also cover lost wages. PIP is required in some, but not all, states.
Uninsured or Underinsured Motorist
UM or UIM coverage helps you to pay for damages caused by a driver who doesn’t have car insurance. If you’re hurt or an uninsured or underinsured driver damages your car, this coverage will help pay for medical bills and repair costs up to your policy's limit.
Frequently Asked Questions
With many different coverage types, car insurance can sometimes be confusing. We cover some common questions surrounding car insurance to help you understand what you need.
In almost all 50 states, you’re required to purchase car insurance. Not only is car insurance mandatory, but it can also provide financial protection in the event of an accident. Your insurance policy can help to pay for medical bills and repair costs.
How much auto insurance coverage you need depends on various factors, including your car's value, net worth and more. In general, you should try to purchase more than the minimum coverage amounts if your budget allows it. Purchasing as much auto insurance as you can comfortably afford can help to protect you from financial risk if you’re involved in a car accident.
Car insurance protects your finances, vehicle and other drivers on the road. If you get into an accident, it can help to ensure that medical bills, auto repair costs and other expenses are covered. Auto insurance is an investment –– while you may hope you never have to use it, it can provide a financial cushion if you get into an accident.
About the Author
Margaret Wack is a freelance writer who covers insurance, saving, investing, banking, and more. Margaret earned a bachelor's degree in classics, comparative literature, and poetry from Smith College and a master's degree from St. John's College.
