If you drive, you likely have auto insurance—and for good reasons. An article in Forbes magazine asserts that every driver on the road will file a claim for a collision approximately every 17.9 years. Your policy protects yourself from lawsuits and other damages associated with automobile accidents. Below find three reasons to maintain or upgrade your coverage.

Why Is Auto Insurance Important?

It Is Required by Law

In Nebraska, drivers must maintain a minimum amount of coverage, including $25,000 for bodily injury per person, $50,000 total bodily injury if more than one person is harmed, and $25,000 for property damage. Keep in mind, however, that if you are in a wreck with costs exceeding this amount, you could end up paying the remaining balance out of pocket. For example, if you hit a car worth $75,000, you might be required to cover the $50,000 difference if you are at fault. 

It Will Protect Your Assets

By acquiring the right auto insurance policy, you are protecting yourself from liability that could ruin your welfare and livelihood. With the current cost of medical bills often rising into the thousands, for instance, you may be faced with an astronomically large liability fee. Without the funds on hand to pay, your other assets would then be at risk, including your house and wages. Therefore, upping your auto insurance isn't just an investment in the future, but also your peace of mind. 

If you’re looking to purchase auto insurance or get a more comprehensive policy, turn to the qualified team at Accredited Insurance Group. For over 25 years, they’ve been providing their Omaha, Nebraska clientele with affordable, personalized quotes. They also offer motorcycle, ATV, and commercial vehicle coverage. Visit their website to learn more about their policies or call (402) 334-1780 to speak with a helpful representative.