Car’s are undoubtedly the most important method of transport in our current epoch; without cars we would spend our lives still drawing horses and carriage. The advent of the motor car changed the world as we know it and has of course made the world a much faster, vibrant, and economic place. The motorized vehicle is, without a shadow of a doubt, the premier invention of the past two hundred years and set about a series of changes that has impacted every living person in one way or another. Making our lives significantly easier.
No longer is living in an arid or barren area of the country an excuse for not achieving your goals. Many people can afford to have a car that will take them to the ends of the earth, should you need it to(in lieu of any oceans). However, it is no surprise that with such invention should come its downsides; every year approximately 1.35 million people die in road traffic collisions worldwide; every 24 seconds somebody dies. In the time you have taken out of your day to read this, at least 15 people have died from car accidents. These statistics are staggering, almost unbelievable, and do not reflect the actual number of non-fatal car accidents. Non-fatal accidents are the reason for car insurance to exist.
Why Is Insurance Even Necessary?
If you had a collision would you, without insurance, be able to pay the thousands of dollars needed to amend the damages of your vehicle? As well as the other persons, if you are culpable for the collision. Well, maybe you could, but the average Joe certainly could not – this is the beauty of insurance. Monthly instalment plans, often extremely cheap and affordable, offer protection if you should ever have a collision in your vehicle or have another person collide with you. Insurance will pay whatever the cost is you can even get a $5,000 pay out to amend damages even if your plan is only $1,200 a year!
Without car insurance undoubtedly the many individuals would not be able to afford to have their car repaired after a collision, as the costs are sometimes astronomical. Looking for proper insurance rates can be cumbersome but if you browse these options the process isn’t as hard. With competitive rates and affordable plans, insurers have catered to the average man and woman; making insurance a thing that all can achieve, thus allowing more people to purchase a vehicle safely.
What Can Go Wrong?
You just cannot gamble with some things, and while cars can be very affordable, the costs that they incur are usually not. With such a bustling age, people so busy, coming and going, racing around everywhere, it is no surprise we see a steep incline in the amount of vehicular deaths every year and non-fatal car accidents. Car insurance is of course mandatory and to drive without car insurance would be an arrestable and occasionally imprisonable offense. Some people choose to gamble their safety and their car, and the property and safety of others by driving without insurance. But this in itself can wind them up with a very expensive fine that if they fail to repay can incur further surcharges and wind up with a stint in prison. It just is not worth it.
What Other Benefits?
Car insurance can provide significant damages to survivors when a car accident that isn’t their fault results in death. These include significant payouts; should a car accident ever result in a criminal lawsuit, or a civil lawsuit. Your car insurance company will pay for all of your legal fees, as long as a car accident was the catalyst. Any accident, and theft or fire, will be covered by your insurance company, and you can get extreme premium discounts if you own multiple cars with the same insurance broker. Another wonderful benefit of having car insurance is that if you do not make a claim during your policies period you may be offered a “No Claim Bonus” on your renewal for the next term, should you meet the criteria and guidelines.
It is important to mention, as was previously, that should you neglect to get car insurance the police may seize your vehicle and arrest you (for multiple accounts of negligence) and hand you a pricy fine. Don’t drive without insurance, frankly, you risk yourself and others. It is important to always maintain good conduct on the roads, and insurance is part of that!