If you own a car, auto insurance is not just an option—it is a legal necessity. And you wouldn't want it any other way. If you are involved in an accident or have your car stolen, owning the right kind of auto insurance can help to ease a difficult situation. The information below will provide some answers and help you ask the right questions in order to find the most appropriate solutions.
Q: If I don't have auto insurance, and am involved in an accident that is completely not my fault, will the party at fault's insurance pay for the repairs to my car?
A: Yes, assuming that unlike you, the “party at fault” is carrying at least basic liability coverage, his or her insurance will pay for the damage incurred by their client. However, if the fault for the accident is shared, for example 50-50, then the other driver’s insurance will cover his or her portion of the damage, but will only cover your portion if the other driver is also carrying uninsured motorist insurance. However, uninsured motorist insurance is not obligatory in every state, and you should not count on it. Whatever the insurance situation of the other party, not carrying auto insurance is against the law, so you would be wise to buy it. Penalties for non-compliance with insurance laws vary by state, but often involve a substantial fine, license and/or registration suspension or revocation, as well as possible jail time in some states.
Have a teenager who is learning to drive? Stop worrying, and read our tips on keeping young drivers safe.
Shopping for auto insurance? The price you pay for your auto insurance can vary by hundreds of dollars. Here is a checklist of things you can do to save money.
AU INSURANCE BASICS
What is auto insurance? What is covered by a basic auto policy? Can I drive legally without insurance? What if I lease a car? Do I need separate rental car insurance? Is there a difference between cancellation and nonrenewal?
Related Information
FACTS AND STATISTICS: Auto Insurance
BUYING A POLICY & SAVING MONEY
How do I choose an insurance company? Where can I buy insurance? How can I save money? How much coverage do I need? What determines the price of my policy? What does my credit rating have to do with purchasing insurance? What information do I need to give to my agent or company? What can I do if I can't find coverage? How do I insure my teenage driver? Should I purchase an umbrella liability policy? Will my insurance cover renting a car after an accident?
HELP! I HAVE TO FILE A CLAIM
How do I file a claim? What should I do if I am having trouble settling my claim? Can my insurance company require me to use certain types of auto repair parts? How are the value of my car and the cost of repair determined? What are my rights when filing a claim? If I file a claim, will my premium go up?
SAFETY TIPS
Air Bag Safety At the Scene of an Accident Avoiding Deer / Car Collisions Car Breakdown Safety Cell Phones & Driving Child Safety Seats Driving in Bad Weather Senior Drivers Preventing Carjacking / Theft Road Rage Shopping for a Safe Car Teenagers and Safe
Q: If I don't have auto insurance, and am involved in an accident that is completely not my fault, will the party at fault's insurance pay for the repairs to my car?
A: Yes, assuming that unlike you, the “party at fault” is carrying at least basic liability coverage, his or her insurance will pay for the damage incurred by their client. However, if the fault for the accident is shared, for example 50-50, then the other driver’s insurance will cover his or her portion of the damage, but will only cover your portion if the other driver is also carrying uninsured motorist insurance. However, uninsured motorist insurance is not obligatory in every state, and you should not count on it. Whatever the insurance situation of the other party, not carrying auto insurance is against the law, so you would be wise to buy it. Penalties for non-compliance with insurance laws vary by state, but often involve a substantial fine, license and/or registration suspension or revocation, as well as possible jail time in some states.
Have a teenager who is learning to drive? Stop worrying, and read our tips on keeping young drivers safe.
Shopping for auto insurance? The price you pay for your auto insurance can vary by hundreds of dollars. Here is a checklist of things you can do to save money.
AU INSURANCE BASICS
What is auto insurance? What is covered by a basic auto policy? Can I drive legally without insurance? What if I lease a car? Do I need separate rental car insurance? Is there a difference between cancellation and nonrenewal?
Related Information
FACTS AND STATISTICS: Auto Insurance
BUYING A POLICY & SAVING MONEY
How do I choose an insurance company? Where can I buy insurance? How can I save money? How much coverage do I need? What determines the price of my policy? What does my credit rating have to do with purchasing insurance? What information do I need to give to my agent or company? What can I do if I can't find coverage? How do I insure my teenage driver? Should I purchase an umbrella liability policy? Will my insurance cover renting a car after an accident?
HELP! I HAVE TO FILE A CLAIM
How do I file a claim? What should I do if I am having trouble settling my claim? Can my insurance company require me to use certain types of auto repair parts? How are the value of my car and the cost of repair determined? What are my rights when filing a claim? If I file a claim, will my premium go up?
SAFETY TIPS
Air Bag Safety At the Scene of an Accident Avoiding Deer / Car Collisions Car Breakdown Safety Cell Phones & Driving Child Safety Seats Driving in Bad Weather Senior Drivers Preventing Carjacking / Theft Road Rage Shopping for a Safe Car Teenagers and Safe
Không có nhận xét nào:
Đăng nhận xét