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Why Do We Need Car Insurance?

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paul rose Profile
paul rose answered
Car insurance is another way of lazy people making huge sums of money backed up by the law if you damage someones car you should pay for it if you can't you should go to prison same goes if you injure / kill someone I know what your thinking ..... Are you for real lol   but paying huge sums of money throughout your lifetime ( no matter how safe you drive " no claims 3rd party blah blah blah = con ) to some lazy parasites sounds crazy to me
Anonymous Profile
Anonymous answered
My car is un driveable. The insurance is due for renewal, but I no longer wish to keep the car. Do I need to have insurance if I wont be driving the car?
Anonymous Profile
Anonymous answered

car insurance is mandatory in India. Its not only to covers you also it covers your vehicle damage. It secure you and your vehicle both so its very important in india. messymob

Abhishek Ranjan Profile
Abhishek Ranjan answered

car insurance is very important in india. Its because it covers you and your expenses when your vehicle damage or injuries to other drivers, passengers or pedestrians. messy

Julia Mike Profile
Julia Mike , Car Covers, answered

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Anonymous Profile
Anonymous answered
Reading LV's Car Insurance Page, the main additional benefits - aside from the obvious legal ones - are a replacement car, legal expenses cover and personal accident benefit. Churchill's car insurance page on the other hands cites 24 hour breakdown cover and repairs for five years for choosing them. Obviously this is something that depends on the car insurance company you choose.
Matthew Bugin Profile
Matthew Bugin answered
We need car insurance for our own security and safety. It is necessary to have car insurance.
Taylor Edgar Profile
Taylor Edgar answered
Since 1930 it has been a legal requirement in the UK for all vehicle users to be covered by insurance. This applies to all drivers regardless of whether or not they are the owner of the vehicle.

This legal position has resulted in the car insurance industry growing into a sophisticated multi-billion pound industry in the UK.

The legal compulsion to buy motor insurance is, in the first instance, about fulfilling two needs: protecting you legally in the event of damage or loss claims resulting from your use of the vehicle, and protecting the investment made in purchasing the vehicle. Effectively, a car insurance policy protects the policy holder and named drivers from potentially massive legal expenses and accident repair bills. It is an, albeit expensive, necessity and peace of mind not only for those covered by the policy, but for any members of the public unfortunate enough to be an unwitting victim of an accident and suffering loss or injury to person or property.

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