Why Do I Need Auto Insurance?

Insurance can seem like a complicated thing, and many people wonder why it is even necessary. Redden Insurance Agency wanted to help you understand just why auto insurance is important, so following are the biggest reasons for insurance:

To Be Legal

The first reason you should have car insurance is because it is mandatory. Almost all states require that you carry at minimum liability auto insurance, but the amount of liability coverage varies depending on the state. In Bradley WV, you are required to have the following coverage:

  • $25,000 bodily injury per person
  • $50,000 bodily injury per accident
  • $25,000 property damage per accident

While this coverage makes you legal, you should consider additional coverage as liability is not always enough.

To Protect Yourself and Others

Insurance protects you and others from much of the financial expenses incurred due to an accident. Should you be in an accident and found to be at fault, you will be responsible for the damages and medical expenses incurred due to the accident. Without insurance, you will have to cover those costs out-of-pocket, something most people cannot do.

However, if you have insurance, you should not be responsible for all of those costs. As you have been paying premiums, it is similar to saving for such an accident. When an accident occurs, the money you have put into the policy is then put to work covering costs. Depending on your policy, you may still be responsible for additional costs in the form of deductibles.

Your cost will also be dependent upon the type of coverage you have. With liability, the other party will be covered, but your own medical expenses and damages usually will not be. This could cause a lot of trouble if you do not have money put away to repair your vehicle. How will you get your car back on the road? It is better to carry additional coverage so that you are covered, as well.

Let us here at Redden Insurance Agency show you the benefits of auto insurance coverage in Bradley WV. Stop by or give us a call for your no-obligation quote today!