Pinay-American Blog

Every vehicle need Insurance

Wednesday, October 29, 2008 @ 2:16 AM

Vehicle insurance also known as auto insurance is insurance purchased for cars, trucks, and other vehicles. Its primary use is to provide protection against losses incurred as a result of traffic accidents and against liability that could be incurred in an accident. In many jurisdictions it is compulsory to have vehicle insurance before using or keeping it on public roads. Most jurisdictions relate insurance to both the car and the driver; however the degree of each varies greatly. Carinsurancerates.com informs its customers about the various auto insurance rates in the market and what is best suited for them. In the United States, auto insurance is compulsory in most states. Even then the enforcement of car insurance varies from state to state. For example some states do not require motorists to carry liability insurance, while in some other states the residents do not carry liability insurance but they must pay the state a $500 annual fee per vehicle for not choosing to buy liability insurance. There are penalties for not buying car insurance. Penalties for not purchasing auto insurance vary by state. But the most common form of penalty for the offense is to impose a fine, license and/or registration suspension or revocation, as well as possible jail time in some states.

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