Why Is It Important To Have Car Insurance?
Car Insurance is required by law. You must have at least Third Party Only cover if your vehicle will be driven or parked in a public place. This ensures that in the event of an accident or incident, no third party is left stranded financially, thus allowing them to claim any costs incurred from the insurer. If you rely on your car then you may wish to take out a policy which gives financial protection for you too. Imagine if you needed your car to commute to work and you had an accident resulting in it being off the road. If you had a comprehensive policy, then all damages would be taken care of. Similarly if your car gets stolen, a Third Party, Fire & Theft policy would have you covered.
So Why is it important To Have Cover?
- It Is Required By Law
- For Financial Protection
- To Ensure Damage Is Covered
- For Peace Of Mind
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