3 Reasons Why Car Insurance is Important

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If you are a car owner, automobile insurance is a must to ensure that you are financially covered in the unfortunate instance of an accident. There are different levels of insurance coverage and you can choose the most appropriate and cost-effective one for your vehicle. Insurance policy packages for automobiles in general consist of Bodily Injury Liability, Personal Injury Protection, Property Damage Liability, Collision, Comprehensive Coverage, Uninsured and Underinsured Motorist Coverage and so on. The insurance company calculates your premium depending on variables such as the age and style of your vehicle. Here are three reasons why you need to insure your car at the soonest.

1) Protects vehicle and passengers from potential accident

Car Insurance is important because it insures your vehicle and it’s passengers against any potential natural or man-made damage or accident. This includes the driver and passengers of the policy holder’s car. Financial coverage extends up to medical payments, cost of repairs, cost of funeral services etc.  Comprehensive Coverage covers damage in the case of natural calamities. This also includes fire, theft, riot, and explosion and so on. Under Uninsured and Underinsured Motorists Coverage, you are also covered in the case of accidents or damage caused by uninsured or underinsured drivers as in drivers who have insufficient insurance to cover your loss. Collision coverage makes payments in the instance of your car colliding with another vehicle or object. It covers for the expenditure incurred after the accident regardless of if you were at fault or not. However, the deductible is subtracted from your reimbursement.

2) Covers Medical bills and Legal Fees

It covers for financial losses if your vehicle is responsible for causing an accident including medical payments and property damage liability. It also covers the legal fees required to fight a lawsuit if you are sued by the aggrieved party.

3) Third Party Liability

It is legally mandatory in the state of Louisiana (and most other states of United States) for automobile owners to carry a minimum liability coverage. It basically means third party liability insurance coverage which covers insurance for any person or property your vehicle can potentially cause damage to. This covers the damage incurred on any property or injuries resulting in disability or death of any third party individual.

Effectively, having a standard car insurance covers your vehicle, it’s passengers and aggrieved third party individuals against most potential untoward incidents.Therefore, we urge you to take a Car Insurance with the maximum possible coverage at an affordable price from a trusted auto insurance company, if you are not insured already. You can check out different insurance policies for automobiles offered by Kelly Lee on our website (https://www.kellyleeinsurance.com/). Kelly Lee is located in Lake Charles in Louisiana and provides a wide range of insurance services in the state.

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