Home > Frequently Asked Questions > Should everyone have auto insurance?

Should everyone have auto insurance?

By
Published:

All the states had made it mandatory that everyone should have either proof of financial responsibility or auto liability insurance. Each state would have set a minimum limit but additional coverage might be needed to meet out of pocket expenses. If there is a loan or a lease on the car, apart from the liability coverage fixed by the state, the lender might insist on collision and comprehensive coverage also.