Car insurance is a type of insurance that is purchased by the owner of the vehicle for reasons such as:
To a smaller extent, car insurance also offers financial protection in case of theft or damage to a vehicle, in cases other than accidents.
Insurance laws differ from state to state – it is a customer’s duty to do research before making any decisions. It is also mandatory in every state including Massachusetts to have car insurance.
Shop around and get only the required amount so that the vehicle is adequately insured. Here is a comprehensive list of the minimum requirements required by Massachusetts Law.
· Bodily Injury Liability – coverage of a minimum of $20,000 per person in case of injury or death due to an accident is necessary.
The Internet is a great resource to check out different insurance companies, the coverage they offer and their rates. Check all the information before making a decision – this will help to save money.
People with good driving records will get a discount on their insurance. If there is a teenage driver at home, it is a good idea to request and get a discount as they are considered to be a bit more risky to insure.
Talk to your agent to get an accurate fix on what coverage is deemed necessary – they can help you get informed on the latest rules and inclusions for the best insurance coverage.