Car Insurance, I need that?

After buying your first car you need to think about of other things that come along with it. Insurance is a huge part of it! Car insurance protects you from a huge financial loss, you make monthly payments to your insurance carrier. Therefore in future events if you were to ever get into a car accident, your insurance will help you with the wreck and cover your losses. Insurance provides three different kinds of coverage. Number one is property which will protect your car if it’s damaged or stolen. Liability which pays for legal obligations to others for bodily injury or property damage. And the final one medical expenses that pay for hospital bill, rehabilitation and sometimes even lost wages or funeral expenses. Another thing that matters a lot is how much coverage you get. It all depends on the car’s value, whether you own the car and how much in damages you're able to pay. Insurance is a very important thing to have, especially for your car. You could be driving safely but there are many people out there who drive recklessly.

1. 3 types of insurance: Property. Liability and Medical expenses
2. Know your coverage types
3. Your vehicle affects your premium
4. Who you are affects your premium (Age, Gender)
5. Decide how much coverage you need
6. You can reduce your premiums