Automobile Insurance

By law you must have auto insurance. An auto insurance policy covers bodily injury (injury and death) caused by an accident and pays medical and funeral expenses as well as lost wages, property, collision if your car is damaged, and uninsured motorists (if the other party who is at fault has no insurance or is uninsured).

The older the car, the lower the collision amount you need. Insurance rates for your children will be much higher than for you. Most parents reduce thee costs of the children’s insurance by naming them the third driver on a car.