Did you know that the invention of the automobile came with the risk of an automobile accident? In 1925, Massachusetts and Connecticut created the first financial responsibility law, which required any vehicle owner involved in an accident with damages over $100 to prove financial responsibility to satisfy any claim for damages, by reason of personal injury, to, or death of, any person, of at least $10,000. From the imposition of these automobile insurance schemes in 1925, nearly every state has adopted a compulsory insurance scheme.

Automobile Insurance (also know as vehicle insurance, gap insurance, motor insurance or car insurance) is payed typically as a monthly fee known as an insurance premium. This premium is determined by a number of factors, such as the type of vehicle covered, the age and gender or the driver, the owner’s driving history, and location of the car where it driven and where it is stored (for example, cities or areas near the ocean can accumulate rust, which can result in structural damage).

When you purchase an insurance policy from the  insurance company, as an  owner of the policy you will receive  an insurance card which carries the particular coverage term and this card needs to be kept in the vehicular as proof of insurance in the case of a traffic collision.

Auto insurance is purchased for cars, trucks, motorcycles, and other road faring vehicles. Its primary reason is to provide financial protection against physical damage and/or bodily injury resulting from traffic collisions and also against liability that may also be incurred as a result.

All American states require an owner to carry some minimum level of insurance, except for Virginia, where uninsured vehicles must be paid for directly to the state. In these states, automobile insurance is said to be compulsory. However, some states do not require drivers to carry insurance, but even these states offer drivers the option of carrying insurance. Consumers may be protected by different levels of coverage depending on which insurance policy they purchase. Some states require drivers to carry at least liability insurance coverage to ensure that their drivers can cover the cost of damage to other people or property in the event of an accident. The levels of protection if auto insurance depends on the company and the plans taken by the owner. As an Independent Insurance Agency we represent many insurance companies. Let us find to best insurance company to fill your needs. You may be surprised to find out that there are many other insurance programs that can save you money by providing some temporary and permanent discounts. Call 440-838-5383 and get your quote.