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hjghermf
Posted: Fri 16:15, 19 Jul 2013
Post subject: hollister france What Is Auto Insurance And Why Do
Report ArticleBadly WrittenOffensive ContentSpamBad Author LinksMis-spellingsBad FormattingBad Author PhotoGood Article!
These days, cars and auto insurance are inter-connected. One cannot talk about cars without bringing up the subject of auto insurance and vice-versa. While a lot of
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us seem to go on and on knowing about auto insurance, there are many among us who
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do not know as much as we think they do. For this very reason, we’ve
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decided to tackle the basics on auto insurance today. If you
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have teens, new drivers, or anyone who may benefit from this information, then please let them read it, so they know what auto insurance entails.
Auto insurance, or car insurance is actually insurance purchased for cars,
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trucks, and other road vehicles. Auto insurance was created to provide protection for both drivers and vehicles against physical damage that may occur from traffic collisions. Auto insurance also protects drivers against possible liabilities that may arise due to traffic collisions.
Why
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do we need auto insurance? Auto insurance is very much needed for a number of reasons. For one, new drivers who are not used to driving as of yet may be more prone to accidents. Car insurance for this driver does not only protect him, but his car, as well as the other drivers
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he may get into an accident with as well.
Another reason why auto insurance is needed is because it is required by the law. Most states in the US, with the exception of Tennessee, require compulsory minimum auto insurance guideline. This means that in an accident, the driver will be required of proof of financial responsibility. This proof has to be in the vehicle at all times. In most states, if a driver is caught without auto insurance, he could easily face hefty fines, loss of license and even
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some jail time. Most states in the country think auto
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insurance is a must have, given the degree
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of seriousness of many of the country’s auto accidents. Auto insurance is an assurance that in the event of a driver getting into an accident, he has an institution to back him for
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his medical expenses.
Why else does one need car insurance? Getting auto insurance is actually a wise financial decision. One could easily be on the road to bankruptcy if his
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carelessness behind the wheel results in property damage, or injury or death to another person. When one has auto
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insurance, one has a backer for all of these possible expenses, in case of a car accident.
The last reason for getting auto insurance is that it can serve as a protection for your hardware investment and the loan connected to it. Most young people these days cannot afford to get a car with only their savings. In order to afford a car, a loan is in order. If anything happens to your car, you will still be required to make payments for it, because the borrowed money still exists, even with the loss or the damage of the car. Auto insurance, in the event of an accident, can help you make those payments, so that you are not burdened with another big expense.
Author :
What
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Is Auto Insurance And Why Do I Need It?
Submitted : 2011-02-21 00:00:00Word Count : 525Popularity: 0Tags:
Author's
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