We purchase car insurance for 2 reasons. To start with, to meet state requirements. Second of all, to protect our possessions in the event of an accident. While the premiums you pay might appear like an unnecessary expense, you will be grateful you made that regular monthly sacrifice if you enter into a mishap. Without it, you would be accountable for repair work to your automobile or the expenditure of new one, medical expenses incurred due to the mishap. In fact, if you are found at fault, possibilities are you will also need to pay for the damages incurred by the other party, which could... [...]