Many of us have a vehicle to get from one place to another and while the car is comfortable, we also have to realize that driving can be dangerous. You may have years of driving experience, adhere to all traffic laws, and remain above the maintenance of your car, but you never know when drivers, cyclists, pedestrians, severe weather, or other natural events can cause accidents involve you and your family.

Here are five reasons why it has important car insurance.

1. Law!

In Canada, you are not authorized to drive a car if you do not have car insurance. Although insurance payments may seem expensive, monetary driving punishment without it can add thousands of dollars. For example, in Ontario, a fine ranges from $ 5,000 to $ 50,000. You can also face your SIM suspension and, in some jurisdictions, prison.


2. Pay now to save later.

In the event of a collision, it has coverage of protecting your wallet from expensive and unexpected costs. Policies with accountability, accident benefits, and collision coverage can help you and your family save thousands of dollars in if an accident. Ask your local agent about adjusting your policy to fit your current lifestyle. Be careful with car insurance myths and make sure you get information correctly.


3. Protect yourself and others.

Insurance is there to protect you from the scenario that you can pay for unexpected costs. Because you will never know who you share the way, inevitable accidents can occur and, unfortunately, can leave you or other people who need extended medical care. What if you can't work anymore? The scope of accident benefits can help you and your family overcome sudden inability to return to the workforce, sustainable costs to treat dependents (such as your children), and more. Insurance Insurance You can also help protect your assets from the lawsuits of body injuries made against you through the accountability coverage of your policy.


4. Insurance not only for collisions.

Some people think if they are a good driver, they will not need car insurance. But your insurance is more than a collision. What happens if your car is stolen, destroyed in fire, or damaged? No one can predict the future and operate motorized vehicles without insurance not only illegal, it can have a far-reaching effect on your life - and the lives of others.


5. Customized policy features.

If you are worried about getting quotes that will not be filled with your needs, remember that insurance companies can help adjust your policies with additional features to help ensure you have coverage that suits you and your family. Having a good relationship with your agent can help you make a decision based on information.

  • Comprehensive coverage, which includes physical damage to your car which is not the result of a collision, such as theft, vandalism, and fire.
  • Loss of usage coverage, which replaces you for alternative transportation if your vehicle is repaired as a result of theft or damage.
  • It disappears can be deducted, which means it can be deducted from each consecutive term you go without claims until it disappears.

While paying something you do not use regularly - and hopefully it does not need to be used - can appear frustration, once you consider what can happen if you don't have it, is it really worth the risks?