Auto Insurance

Auto insurance is a contract which protects you against liability. It also helps cover damage to another motorist's property resulting from auto accidents and covers damages to your auto, injuries or death in an auto accident and any medical expenses incurred by you because of the auto accident.

Everyone driving an auto needs auto insurance unless they have an auto loan from a financial institution or an auto lease.

Auto insurance covers auto accidents, auto theft, auto fire and auto vandalism. This is called liability coverage. Auto insurance also covers auto glass replacement, auto towing and auto medical payments for injuries sustained in an auto accident. You may also purchase a medical payment waiver if you have health care coverage and credit life insurance which pays off your balance of auto loans in case of death, auto theft or auto vandalism.

Each auto insurance policy is different, but all auto insurance policies include a liability section which gives you coverage against your auto causing injury or death to another person and their property damage. Some auto policies also include comprehensive, collision, uninsured motorist, and medical payments.

No. auto insurance policies differ according to the type of auto you are driving and the amount of coverage you need. Factors which determine auto insurance rates are your auto type, marital status, residence, occupation, age, gender, and credit history.

No-fault auto insurance or personal liability protection auto insurance reduces auto insurance costs because it means that the auto owners who have auto insurance are no longer responsible for injuries to other auto drivers and pedestrians. However, this doesn't mean you can drive without auto liability insurance as you must remain covered up to a certain amount in case of severe injury or death.

Yes. auto insurance is required by law in some states and provinces. In Canada auto insurance is required for auto loans from financial institutions or auto leases, but not for purchasing a vehicle. In the United States auto insurance is primarily voluntary but mandatory in some areas. Consult with your DMV or local auto organization for information concerning auto insurance laws in your area.

It is recommended that auto insurance be continuous for you to save money. If auto insurance isn't required in your area auto insurance can be cancelled when you don't need it anymore. Auto insurance policies are month-to-month so there are no penalties if auto insurance is cancelled.

This depends on your auto insurance policy. Some auto insurance companies charge a higher premium for auto insurance cancelled in the middle of the month. Check with your auto insurance company to see what happens when auto insurance is cancelled before or after 31 days.

Fill out the auto insurance claim form and take it to your auto insurance company. If there are specific auto accident claims forms in your auto policy, you should use them instead of the auto claim forms used by other auto insurance companies.