Why is car insurance needed?
== == In most civilized countries, vehicle insurance is MANDATORY, so that if you are hit by another car, that driver's insurance company will pay for the damage to you or your car. You also have to have an insurance policy to protect others from your actions while driving your car. A insurance policy has coverage limits, that are agreed between you and your insurance company. Not too many individuals have 5 million dollars in their personal savings account at the bank, but the insurance company does, and if needed, they will cover you for an agreed limit of up to 5 million dollars, if you are sued for damages you have caused to some one else with your car. You pay them a annual premium towards the cost of having that insurance coverage, based on your driving record, and how much your car is worth to replace, if damaged beyond repair, and where you live.
Does your proof of insurance that you carry in your car have to be the original or can it be a copy of the original?
Do you need to buy auto insurance in NJ if the car is not being driven and is just sitting in a garage?
Occasionally people have car wrecks or sudden hospitalizations. Most of them do not have the ability to get the money needed to pay to get the car fixed or to replace the car. Most do not have the money to pay the hospital charges. If enough people put enough money into insurance, then when one wrecks a car or one gets sick, there will be money to pay the bills.
Automobile insurance, in most cases, does not cover mechanical breakdown. If your car is not worth repairing from a mechanical breakdown and you are able to replace it within a few weeks to a month I would suggest keeping your insurance policy active. This is to avoid having a lapse in insurance coverage which could result in higher insurance premiums when you get another car. Answer Your car breaking down, and your car being totalled…
Your husband bought a car in his name only so what are the disadvantages for you since you are the main driver of this car?
No. A safety inspection is required to insure a car if it is 12 years or older. BUT... you need insurance on the car before you can register it. So you can insure the car first and get the pink cards then take the pink cards to the registry to get the plates. The insurance company will give you 30 days grace to get the safety done.
In what circumstances does your auto insurance cover you and the car if you are driving a friends car?
Car insurance follows the car. If you are using the friend's car temporarily, with permission, as a substitute for your own insured car, your insurance should cover you if the friend's insurance does not. What if my friend (who has the car) does not have insurance and I want to pay for my faults and fix it - will he be arrested?