6 reasons you need auto insurance
Auto insurance is a crucial financial protection that every vehicle owner should have for several important reasons. Bi County Insurance & Western Illinois Title provides auto insurance in Galesburg, Burlington, IA, Stronghurst, IL, Monmouth, IL, Oquawka, IL, Biggsville and surrounding areas.
- Legal Requirement: In many places, auto insurance is legally mandated. Driving without insurance can lead to fines, license suspension, or even legal action. It’s essential to comply with the law to avoid these consequences.
- Financial Protection: Auto insurance provides financial protection in the event of an accident. It covers the cost of repairing or replacing your vehicle if it’s damaged, as well as medical expenses for injuries sustained in the accident. Without insurance, you’d be responsible for these costs out of pocket.
- Liability Coverage: Auto insurance includes liability coverage, which pays for damages or injuries you cause to other people in an accident. Without it, you could be personally liable for medical bills, property damage, and legal expenses, which can be financially devastating.
- Peace of Mind: Having auto insurance gives you peace of mind knowing that you’re financially protected in case of unforeseen events. Whether it’s a minor fender-bender or a major accident, insurance helps alleviate the stress and worry associated with car accidents.
- Lender or Lease Requirement: If you finance or lease a vehicle, your lender or leasing company will typically require you to have comprehensive and collision coverage to protect their investment. Without insurance, you may not be able to get a car loan or lease a vehicle.
- Uninsured/Underinsured Motorist Protection: Auto insurance can also provide coverage in case you’re involved in an accident with an uninsured or underinsured driver. This protection ensures that you’re not left with significant costs when the at-fault driver doesn’t have sufficient insurance to cover the damages.
In summary, auto insurance is not only a legal requirement in many places but also a crucial financial safety net that provides protection for you, your vehicle, and others in the event of an accident. It is an essential part of responsible vehicle ownership. Please call us without any hesitation.