Buy car insurance why do you need it?

Why should you buy car insurance,here are the reasons.

1.It’s the law. Almost every state government requires that car owners have car insurance. The fascists. And even the states that don’t require it by law insist that you provide evidence that you have the financial resources to pay a judgment against you if you should injure another person. So getting insurance is a good idea, even if you consider yourself a perfect driver.2.Car insurance protects unlucky people that are the victims of accidents. Surprisingly, car insurance is guided by sound principles: if you put your car through someone’s fence, your insurance pays to fix the fence and your car; if you hurt someone with your car, your insurance pays for the injured person’s medical bills. And the same holds in reverse if someone puts their car through your fence, car, or part of your body. Now imagine that you got hit by a car, and the driver didn’t have insurance… you’d have to pay for the medical bills out of your own pocket, even though it was completely somebody else’s fault! So requiring people to have car insurance protects innocent people with bad luck. (We all agree that getting smooshed by a car is bad luck, right?)

3.nsurance companies can handle huge bills. Insurance companies work by charging customers periodic fees and then footing the big bills if any huge catastrophes arise. These big bills come from one group of people: lawyers. When someone gets in an accident, he immediately hires a lawyer who demands that his client receive compensation for “pain and suffering.” So a car accident can potentially cost hundreds of thousands (or even millions) of dollars. Who has that kind of cash sitting around? If you have insurance, the company will pay. Then how do insurance companies make money? Because for every 1000 people that pay monthly fees, only a few will need huge amounts of money. The premiums that customers pay every month more than make up for the rare big bill.