Martin : Can I drive my car legally without insurance?

Response: This is absolutely incorrect. Almost all states have a mandatory requirement for car insurance, at least auto liability insurance should be obtained, and secondly the financial responsibility laws must be fulfilled. Almost all states require that you should have auto liability insurance; secondly you have to fulfill the financial responsibility laws. If the state does not have minimum car insurance liability coverage, they would require that you have sufficient assets to pay in case you cause an accident. Incase, your assets are not sufficient to pay for a liability loss, you need to purchase at least the state minimum amount of insurance.

I would certainly advice you to buy insurance so that your assets can be protected and you are relived of the responsibility with dealing with legal matters for settlement of the claim, giving you peace of mind. It is better to incur a little expense on the insurance since being shortsighted can land you in trouble. The insurance industry and consumer groups generally recommend a minimum of $100,000 of bodily injury protection per person and $300,000 per accident since accidents may cost far more than the minimum limits mandated by most states.

If you’ve financed your car, your lender may require comprehensive and collision insurance as part of the loan agreement.

Compare auto insurance quotes online, I assure you that you will find competitive quotes.

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Filed under: Car Insurance Rating and Limits

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