Boston Globe:
While most of us may cringe a little when we write our monthly check for car insurance, the peace of mind and protection it buys is priceless.
In the event of an accident or the theft of your vehicle, insurance not only provides you (and your loved ones) with medical coverage but also - if used correctly - prevents dire financial losses.
A basic auto policy generally offers coverage in 6 categories, according to the Insurance Information Institute, which is based in New York City.
‘It’s our job to explain insurance to people, what it is and how it works,’ says institute vice president Carolyn Gorman. The Insurance Information Institute also interprets and explains any changes in insurance laws.
Its website, a great source of guidance, reflects information gathered from the 50 states… read on.
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