Often one of the biggest assets you will own, aside from your home, is your vehicle. Having auto insurance can help with reducing or eliminating the financial burden that can come with a loss involving your vehicle.
Not only does this offer you peace of mind , but it is also required by law in Maryland. And if you have a lease or lien on your vehicle, many, if not all, require that you have insurance to protect the vehicle.
A car or truck is often your biggest asset aside from your home. Auto insurance protects against potentially crippling financial losses and the sheer inconvenience of being without transportation.
Remember, not all car insurance is created equal. Some auto insurance policies simply meet the legal requirements. In most states this means your auto insurance will cover the damage you cause to other cars in collisions.
However, the car insurance in some ‘no fault’ states will also cover your own car or truck. Additionally, the law usually states that auto insurance policies must cover some medical bills that result from a car crash.
Other auto insurance policies go further and protect your car or truck if it is stolen, damaged or destroyed by fire, or damaged in a car accident that doesn’t involve any other vehicles. You can also get policies that protect your car if it is damaged by an uninsured driver.
Talk with us and ensure you have the proper car insurance coverage in place with the right insurance company. Otherwise, you’re putting yourself, your family and others at risk.
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