Car Insurance You Need
If you currently own a new car or have a leased vehicle that is still under warranty you don t need this insurance added to your car insurance policy.
Car insurance you need. If you already belong to an automobile club like aaa you don t need this insurance added to your car insurance policy. Your green slip otherwise known as compulsory third party insurance ctp is a type of insurance you are required by law to have in all. As you can see it is rare not to need car insurance. Car insurance can be confusing.
So here s a quick look at the options. How much car insurance you need is both a legal and personal decision. When you already have insurance. Whether it s being listed as a driver on someone else s policy or taking out a named non owner policy at least you know you ll be covered.
You have a 7 to 30 day grace period depending on your state to tell your car insurance company about the new vehicle. Must have car insurance. If you have a decent. There are three levels.
But before we talk about the difference between basic extended and premium auto insurance options and which ones are right for you let s cover some basic insurance terms. You pay a little each month for the comfort of knowing that you won t have to pay a large sum in the event of a catastrophe. The only exception is if you officially register your car as off the road with a statutory off road notification sorn. Why do i need car insurance.
When you don t have insurance. Car insurance is designed to protect you your assets others and property in the event of a collision theft or natural disaster. Yes legally you must have at least a basic level of car insurance called third party insurance even if you don t drive the car. Knowing what you must have and what would be good to have can take some time and effort to work out.
Do you need car insurance. To protect yourself it s important to know the types of insurance how car insurance works and how much car insurance you really need. Before you purchase any type of recommended auto insurance coverage be sure to study your other insurance policies so you don t end up paying for something you don t need. It is every licensed driver s responsibility to maintain some form of car insurance.
Michigan lawmakers approved bipartisan auto insurance reform legislation.
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