What is Car Insurance ?

hey let's talk car insurance, what is car insurance. well I'll tell you car insurance protects you from a huge financial loss basically you pay a premium monthly usually to your insurance company and in exchange if you get into a wreck the insurance company will help you cover your losses. 

What is Car Insurance ?   

Car insurance includes three different types of coverage number. one property which will pay if your car is stolen or damaged two liability which pays for legal obligations to others for bodily injury or property damage and number three medical which pays for hospital bills rehabilitation and sometimes lost wages or funeral expenses part two money matters. 

so how much coverage should you get well that depends on different things such as your car's value whether you own the car outright and how much in damages you could afford to cover out-of-pocket on your own naturally your monthly premium will vary depending on your amount of coverage like for instance it costs more to insure the ecto mobile than it does to say cover mr. Bean's little mustard yellow car. 

that's the way of the world kid and don't you forget it very important note just because you pay premiums that doesn't mean you'll pay nothing when you get into a wreck most likely you'll have something called a deductible. the deductible is the amount of money that you have to pay before your insurance starts kicking in so let's say you total your $5,000 car in a wreck and your deductible is $1,000 that means that you are going to pay the first thousand dollars to get your car replaced and your insurance will pay the remaining four thousand in the good old US of. 

A nearly all states require that you have car insurance if you're going to own or drive a car. so it's super important to get it also the remaining states still require that you prove that you could afford to cover all damages. 

if you get into a wreck so basically for the privilege of not paying a monthly premium on insurance you're gambling potentially hundreds of thousands of dollar if not more. so we would say crowd get insuredblah blah blah okay. 

How to get insured ?

part three how to get insured this is actually really simple you can get quotes online or over the phone very quickly from dozens of competitors the insurance company will need a bit of information about you and your car they also likely run a credit reports and look up your accident history once you get a quote you like you'll start 

paying premiums and they will send you your insurance card which you should keep with your car at all times how come Mike I'll tell you how come because part for that colossal wreck boundless and bare PS the first person to tell me what that quote is from in the comments is officially an awesome adult 

step one post accident if you can get your car and yourself off of the road and into someplace safe if you cannot move your car leave it there but make sure you get out of the dangerous situation your insurance company will pay to  get a tow truck to take your car away either way though put on your 

hazards if you have any of those reflectorized triangles be sure to put those out if you have one of those road flares careful because they'll burn you they're not just like fun with they're not a glow stick for crying out loud who learned is lesson the hard way this guy lot of raves in the 90s none of this was true 

next angle step 1.5 this might be slightly uncomfortable but do not offer any apologies or explanations for what caused the wreck they could be used against you in future legal proceedings step two should you call the police we recommend that you do admittedly it is not illegal to not call the police but to 

quote US News and World Report's even if no one is hurt if there's real damage and insurance companies will soon do battle it's a good idea to call 911 ation from the federal government's website 9-1-1 gov which recommends calling after a car crash especially if someone is injured if you call 9-1-1 

11 precincts and bring in a neutral third party to document the accident you'll be doing yourself a favor it's true that it might take a little while for the police to get there if you live in a big city or they're just like super busy that day but still we recommend erring on the side of caution and calling them and 

either way you're going to have to file an accident report to the police more info in the doobly-doo step 3 gather the other drivers information and volunteer your own you should write down these things and if you've called the police you should get their phone number their badge number their name number of 

the police report and request a copy of the police report having all of this info will save you a lot of headaches in step four file a claim after the scene is cleared call your insurance company immediately to start the claims process your insurance card should have a 24 hour phone number on the back of it 

and your insurance agent should call you within one business day to help you with the claim your insurance agent should also be able to help you basically every step of the way throughout the process after an accident that you are deemed responsible for it's possible that your premiums are going to go up 

that's because the insurance company sees you as a riskier investment however this is not for certain because a lot of different companies have different policies on rate increases so just know that it might vary for a lot of people driving is a big part of adulthood and it is a huge responsibility basically you're 

piloting a two-ton missile. 

so drive sober put down your phone and maintain legal speed limits that way you'll be avoiding the three most common causes of accidents I speak for everyone here at how to adult when I say you guys are awesome so please be safe please be safe I love you bye.