No matter if a car accident is your fault, or the other driver’s, it’s vital to have car insurance. This type of protection ensures that when vehicle damage, property damage or injuries are sustained due to an accident, the victim is compensated for what they have lost.
If a car accident is your fault, insurance will cover the damage to your vehicle (depending on your deductible) and the damage to the other person vehicle among any injuries. Without insurance, you would have to pay for fixing both vehicles as well as the medical bills on the injured out of pocket. These bills can end up costing hundreds if not thousands of dollars. Insurance, paid monthly, provides security against this.
If a car accident is not your fault, the negligent driver will have to cover the costs of your damages through their insurance. The claim made from you to their insurance company can include car and property damage, medical bills for injuries and lost wages. While car insurance is mandatory in states like New York, it isn’t required everywhere. This means that you could get into a car accident with a driver that is uninsured.
That’s why it’s important for you to have insurance even if the accident isn’t your fault. You will want to get your car fixed, and cover any medical bills, which would be near impossible if the other driver isn’t insured and also doesn’t have the money to compensate you. Specific types of insurance can protect against uninsured drivers and are of the utmost importance in states where driving uninsured isn’t illegal.
You are not driving on the roads alone, and when you least expect it an accident can happen causing damage to your car, or maybe even totaling it completely. On the other hand, if you accidently cause a car crash, you want to be protected financially. Insurance protects you from having to bear the financial responsibility of an accident.
