In the state of New York, you are legally required to have auto insurance to register a vehicle. You will need personal injury protection, auto liability coverage, and uninsured/underinsured bodily injury coverage. Your insurer is required by law to offer supplementary coverage for uninsured/underinsured motorists. This is particularly important in a no-fault state such as New York. But auto insurance is more than just a legal requirement. Auto insurance can provide you with the financial security you need.

The Financial Benefits of Auto Insurance

The primary reason for carrying auto insurance is to provide financial protection. Your vehicle is an expensive and essential piece of equipment in your everyday life, so it makes sense to insure it. If your vehicle is stolen or damaged by an accident or vandalism, auto insurance will cover the cost of repairs or even replacement. In the event of a natural disaster damaging or destroying your vehicle, auto insurance will cover the cost of repairs or replacement. If you have comprehensive and collision coverage, that can particularly ensure that you won’t have to pay for costly repairs out of your own pocket. It can even save you the trouble and expense of buying a replacement car. Accidents happen, so medical expense coverage and liability coverage can protect your assets should the worst happen while you’re driving. You may argue that you’re a safe driver and don’t need insurance. That’s great, but you still need insurance. After all, you can’t guarantee everyone else is a safe driver. You may qualify for a discount if you are a safe driver.

Contact NY Twin Bridges Insurance Agency in Albany, NY

If you live in Albany, NY, and need auto insurance, contact NY Twin Bridges Insurance Agency. We can help you get started with a quote.