Why do I need insurance?
    Many reasons dictate our need for auto insurance. Most importantly the cost of cars have risen to such an extent that the cost of replacing one would put a burden on any of us. Also there is the liability factor, if an accident is your fault you may be responsible for the other car and or any property damaged. In addition if there are medical injuries and legal obligations you could be sued. And last many states have a mandatory insurance law. Many states require insurance in order to get your car or truck tag each year. Some states require you bring your insurance card to get your license renewed. For all that auto insurance covers it is one of your best spent pennies.
 

What is personal property coverage?
    Personal property coverage is insurance which covers damages caused by your car or damages resulting from the accident. Most of the time it is the other driver's automobile. Damages can include any structures such as fences, signs, landscaping, anything damaged as a result of the accident.
What about my friends driving my car?
    When an  accident occurs and someone else is driving you vehicle you are responsible. Accidents caused by third parties could go against your driving record affecting your insurance rate. So even the most careful of drivers need to be insured against things that are beyond our control.
What should I look for in buying insurance?
     Realistically you should have as much coverage as you can afford.75000 - 100000 per person 250000 per accident and 60000 liability are above the minimum required by law in most states but almost necessary in todays world. These are just figures to give you an idea each state has its own limits and minimums. In other words auto insurance is not something not to be taken lightly. Getting multiple quotes is the best way of getting the best coverage for your insurance dollar.
 What determines my insurance rate?
      Age, sex and material status are factors in determining  your rate. If for instance you are under 25 most insurance companies rate you as a higher risk than say a driver that is 40 or 50. Your past driving record is also a determining factor. Additional the type of vehicle you drive is also a consideration. How many miles you drive is another important factor in determining your insurance rate.
       So keep in mind maintaining auto insurance is an important step in ones life and not to be taken lightly. It is important to fill out the  application accurately in order to get the price on insurance.  
           

Federal Consumer Information Center, Pueblo, CO