What is automotive insurance? Why do I need it? I have had automotive insurance for so long and I haven't even used it yet. If you have found yourself asking any of these questions or making a statement close to this then you know the frustration of deciding whether or not to keep paying on your automotive insurance. It may seem as though your money is being wasted away to your monthly automotive insurance payments and you are not getting anything in return.

This is completely understandable, however you should look at the importance of automotive insurance before you consider doing away with it all together. If you were to cancel your insurance and get into a car accident you will have to pay for any expenses incurred during the accident, car maintenance, hospital bills, as well as any damage done to another person, their vehicle or property. This could set you back a pretty penny and possibly ruin your credit if you are unable to meet your financial obligations. Therefore making your automotive insurance a required monthly expense.

Automotive insurance does not only protect your car from damage, it also protects you if you damage the property of someone else while driving. If you cause an accident, you or your automotive insurance company are required to pay for the damage caused to the other persons vehicle and if that other persons vehicle hit another vehicle or damaged some kind of property, you or your automotive insurance are required to cover the cost of those expenses as well. This also goes for a motorcycle loan and insurance. With automotive insurance it's not about protecting just your personal property but it's about protecting yourself from the expense of damages you may cause to someone else.

Therefore, if you are thinking about canceling your car insurance or not getting any at all you should think about the risk you are taking by not having the needed support of your automotive insurance company in the case you are involved in a car accident. This will make you rethink your decision and give you proof that, even though you don't need it right now or feel you are an excellent driver, there may come a time when you find yourself in an unexpected predicament that calls for the attention of your automotive insurance company and the financial support they provide. So what are you waiting for? Now's the time to get automotive insurance or find out more about the one you already have.