There’s no two ways about it – you need car insurance for your safety, and for the safety of your family. Even if it is just the affordable or discount package, a comprehensive auto insurance coverage can protect you from losses you might incur when road accidents occur, such as property damage, injuries, and even loss of life.
According to the online insurance statistics, there were approximately 6.5 million car accidents in the US alone in 2005. The total financial cost brought about by these accidents – not including the physical losses – amounted to almost $250 billion. Of this number, around 50,000 were killed. The worse news is that these numbers increase every year. This is why auto insurance is indispensable. In fact, in some countries that value road safety and want to avoid the losses with road accidents, it is mandatory.
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