Auto Insurance Protects You from Financial Disaster

You may wonder, how? If you are ever in an accident or if your car is stolen, the costs can mount up quickly. We at Holmes Insurance Services in Youngsville NC can help you with all your auto insurance needs.

Auto Insurance Coverage: What You Need To Know

Only two states in the country do not require auto insurance – Virginia and New Hampshire. All the other states require insurance prior to the purchase or registration of a vehicle. The federal government allows each state to set its own laws regarding car insurance.

Anyone not covered by insurance can be fined or face jail time. All drivers should have the most affordable insurance their budget can handle. Certain lenders may require drivers to have coverage prior to getting approved for a loan.

Liability is the reason for mandatory car insurance. Causing an accident is one of the most stressful and potentially expensive things that can happen to any driver. Liability insurance helps to defray the costs of the charges you will be responsible for.

Personal injury protection or collision insurance will handle the costs no matter who is at fault.

Renting and leasing a vehicle can increase insurance requirements.

Accidents are not the only reason for insurance. Weather events such as tornadoes, hail, fires, etc. can damage your vehicle. These types of “acts of God” are covered under a comprehensive policy where no one is at fault. This type of insurance is important if your car is vandalized or stolen. Certain policies will cover damaged or stolen personal property that was in the car.

Get Auto Insurance Today

Don’t allow a traffic accident to put your assets at risk. An insurance policy can protect those assets. Contact the insurance professionals at Holmes Insurance Services in Youngsville, NC today. We will be happy to answer your questions and give you the help you need.