When you first buy a car or other vehicle, you may be wondering about insurance. Though you may think that it is a waste of money every month, the truth is that it really isn’t. 

Here are some reasons why auto insurance is important:

It is there to protect you. Accidents can be pretty expensive, and most people don’t have a lot of extra money lying around, so insurance is there to protect you and your family. Fixing and replacing a vehicle can be quite expensive, let alone the medical bills that you could be facing. If you are at fault, you may also be responsible for their expenses. Your insurance will cover these costs, so that you don’t go into debt over an accident. 

Your state may require you to have insurance. Legally, you need to have automobile insurance if you are driving in most states. If you are caught without insurance, you could face serious legal consequences. 

Your loan may also require insurance. If you take out a loan in order to buy your vehicle, they are going to want to make sure that their investment is protected. They may require even more insurance than is required by your state. 

Though you may not want to buy insurance for your vehicle, the truth is that you have to. It is there to protect you in case you are involved in an accident. If you are at fault, you have no idea how much money it could cost you. Your state and loan may also require you to have a certain amount of insurance. 

If you want to make sure that you have enough insurance for your needs, contact us at Jason Ridley Agency in Colleyville, TX.