All states require drivers to have a minimum level of auto insurance by law. However, there are other compelling reasons why you should acquire appropriate coverage. Insurance protects you from the unexpected in a number of ways. Here’s what you should know about it. 

4 Benefits Offered by Auto Insurance

1. Makes Dealing With Accidents Easier

Even a minor accident can be aggravating. Without insurance, it would be up to you to negotiate repair costs with the other driver. You’d also need to rent or borrow another vehicle to use while yours is in the shop. Your insurance agent will handle many of these tasks on your behalf.

2. Cost-Savings

While it’s true you’ll pay a monthly premium for your policy, this cost pales in comparison to that incurred by an accident. If you’re found responsible for an accident, you’ll be tasked with covering medical costs, repair bills, and other fees, some of which can be exorbitant. Accidents are particularly expensive when there are multiple vehicles involved. 

3. Protects Against Situations You Can’t Control

Even if you take steps to be a careful and conscientious driver, you might encounter a situation that’s completely out of your control. For example, a deer darting out in front of your vehicle can cause quite a bit of damage. The negative effects would be covered by a comprehensive auto insurance policy, as would any harm caused by incidents like break-ins. 

4. Peace of Mind

Most importantly, a reliable auto insurance policy provides peace of mind to drivers. With the right protections in place, you can rest assured that you won’t be subject to soaring costs should an accident occur. Certain policies also safeguard you against uninsured drivers, who likely won’t have the funding to cover the damage they cause. 

Drivers in Somerset, KY, look to Pearson & Barnes Insurance for affordable auto insurance coverage. As a local business, they have a real investment in providing their neighbors with a wide range of insurance products. They also protect small business owners by covering work equipment and company fleets. Learn more about their personal line of insurance by visiting them online. You can also call (606) 679-1450 to get started on your quote.