July 7, 2023
6 Key Reasons Why Car Insurance Is a Must
Photo by Mikhail Nilov under Pexels License
Buying a car is an exciting milestone in life, whether it’s your first vehicle or a much-needed upgrade of your old one. Once you’ve made the initial payment and opened the driver’s side door for the first time, there’s one more thing you need to consider: car insurance.
While insurance premium payments may seem like just another expense tacked on to driving, they play a crucial role when it comes to protecting both your investment and yourself as a driver. Having the right kind of insurance coverage can help give you peace of mind and protect you from having to pay out-of-pocket if any unfortunate incident happens to your car whether you’re driving it or not.
We’ll discuss here why getting car insurance is essential and how not having any can have serious consequences for you. Read on to figure out if buying an auto policy should be at the top of your “to-do” list!
- Car insurance is mandatory (except in 2 states)
Perhaps the most obvious reason why you need car insurance is that it’s required by law — unless you live in Virginia or New Hampshire. Skipping to buy coverage means incurring penalties such as paying hefty fines, getting your license suspended, or worse, facing potential jail time.
- It helps you save a lot of money.
While car insurance may be a bit costly to buy, it can help you avoid even costlier expenses in the future. Whether you get in a road accident, a natural calamity damages your car, or your car gets stolen, you can breathe a sigh of relief knowing that your expenses will be covered by your coverage.
Conversely, not having one will leave you financially responsible for all costs involved, which can be very expensive and leave you in debt.
- It helps cover your passengers.
If an accident occurs and you’re at fault, your insurance company may pay for any medical costs incurred by your passengers. However, the amount and type of coverage provided may vary depending on your policy terms. For example, some insurers may provide liability coverage for passengers, while others may provide medical payment coverage.
- It protects you from uninsured drivers.
In case you get in a crash and the other driver doesn’t have auto insurance, you can rest assured that you pay very little or none for your damages and medical expenses as long as you have the right coverage.
- It provides a good discount on repairs.
If your vehicle is damaged as a result of an accident, your car insurance will help cover the cost of repairs. Some policies even guarantee that repairs are done at a certain shop or use original parts to replace damaged ones.
- It safeguards you financially in case of theft.
In your car is stolen, many insurance companies offer coverage to help you recover your vehicle and provide assistance to law enforcement officials in finding it. Additionally, if your vehicle is recovered with damage, your policy may cover the cost to fix it so you can get back on the road quickly.
Why Bother Insuring a Car That Often Breaks Down?
While having car insurance gives you some peace of mind, it can’t guarantee your safety on the road — especially if you’re driving a car that has become prone to breakdowns. If that’s the case, you can only have full peace of mind once you decide to stop using that vehicle and buy a new one instead.
Hand over your troublesome car to us at Veteran Car Donations and we’ll turn it into a powerful tool for uplifting the lives of the struggling disadvantaged veterans in your local area.
We serve as the online vehicle donation platform of IRS-certified 501(c)(3) nonprofit organizations that are fully committed to serving our nation’s disadvantaged and underserved veterans. We sell vehicles donated to us and use the proceeds to help fund the vital life improvement programs of these nonprofits.
They provide deserving veterans with housing and financial assistance, employment and livelihood opportunities, family support, free quality health care and medical treatment, psychotherapy services, and other services meant to improve their living conditions.
As a donor, you get to enjoy valuable perks, one of which is getting entitled to receive the maximum tax deduction in the next tax season. You also don’t need to pay for our pickup and towing service. We offer them for free to our donors in all parts of the United States.
Above all, you’ll have the ultimate pleasure and satisfaction of doing something extraordinary that can help uplift the lives of our nation’s heroes.
We take almost all types of vehicles, regardless of their ages or conditions. Apart from standard cars, we accept RVs, motorcycles, mopeds, boats, jet skis, golf carts, snowmobiles, company trucks, and many others. They don’t even have to be in good shape.
For more information on our vehicle donation program, including our quick and convenient donation process, visit our FAQs page. Should you have any inquiries or concerns, feel free to call us anytime through our toll-free hotline at 877-594-5822 or write to us here.
Photo by Kevin McCartney under Pexels License
Do Something Incredible Today!
Our veterans deserve a decent and dignified life after all the sacrifices they made for our nation. You can help them experience such a life with your car donation. Call Veteran Car Donations at 877-594-5822 or fill out our secure online donation form now!