What is auto insurance? Why do I need it?

Auto insurance is a contract between an individual and an insurance company that stipulates that as longs as a monthly premium is paid, the insurance company will pay for car-related losses throughout the term of the policy. Some states require that all drivers carry auto insurance in order to drive legally, other states do not. However, even in states where auto insurance is not required, all drivers are required by law to pay for damage they cause as a result of an automobile accident. Without auto insurance, you run the risk of being financially responsible for the harm you cause individuals and property, and the cost of repairing or replacing your car if it is damaged or stolen.

  

What affects monthly premiums?

A variety of different factors affect monthly auto insurance premiums: Age, sex, and marital status Vehicle type Residence location Amount of driving Driving record Coverage required At Reese Insurance we understand the importance of effective auto insurance, and we work one-on-one with each of our clients to ensure that their policies meet all of their needs.