What is Auto Insurance?
Owning and operating a vehicle comes with a certain amount of risk even for the safest drivers. Thousands of drivers across the country are in accidents every day and the vast majority of Maine residents will be involved in at least one accident at some point in time. Auto insurance doesn’t prevent accidents, but it helps protect drivers from the financial losses and liabilities that can follow.
Auto insurance policies are normally underwritten as package policies that combine multiple individual coverages together. In a robust auto policy, the multiple coverages weave together to create a web of protection against many possible risks.
Who in Maine Should Have Auto Insurance?
Maine residents who own a vehicle that’s taken on public roads are required to carry auto insurance that at least meets the state’s minimum requirements. Not having the legally mandated coverages in place leaves a driver exposed to risk and could result in legal consequences.
In many cases, drivers choose to purchase auto insurance that provides much more protection than what the state requires. The legal requirements offer only a basic level of protection and most drivers need or want more coverage. An insurance agent who specializes in this type of insurance can help drivers determine what amount of coverage makes sense for them.