Auto Insurance
Forget about being required to have auto insurance, there
are more reasons to have
than not to have protection. Statistics show:
- There were 35 million motor vehicle accidents in 1996.*
- Of those 35 million accidents, over 6.1 million involved injuries; 43,300 resulted in death.*
- The total cost of these accidents was approximately $120.8 billion.*
- The estimated average cost of an accident with minor injuries is $13,900. An accident involving serious injuries or a fatality can cost $790,000.** or more.
- The average cost of property damage in an accident is $6,000.
- You have a 29% chance of being injured in an automobile accident.
- There are approximately 176.6 million licensed drivers in the U.S.
- The average U.S. household has 1.77 cars.
- Of the 197,941,202 registered private passenger cars in the U.S., only approximately 149,742,000 are insured, approximately 24% are uninsured.
- A car is stolen or broken into every 19 seconds.
**National Highway Traffic Safety Administration
Auto insurance protects you against financial loss if you have an accident.
- Property coverage pays for damage to or theft of your car
- Liability coverage pays for your legal responsibility to others for bodily injury or property damage
- Medical coverage pays for the cost of treating injuries, rehabilitation and sometimes lost wages and funeral expenses
An auto insurance policy is comprised of six different kinds of coverage. Most states require you to buy some, but not all, of these coverages. If you're financing a car, your lender may also have requirements.
Most auto policies are for six months to a year. Your insurance company should notify you by mail when it’s time to renew the policy and to pay your premium.
Whichever car you drive, no matter which city you live in, we can offer you great prices on cover.
