Why You’re Required to Have Auto Insurance

If you own a vehicle, having auto insurance isn’t optional. It’s a must. There are numerous reasons for this requirement, and if you’re not already covered, we at Fenzl Insurance Agency in Hamburg, NY, are ready to help you obtain a policy that suits your needs.

Your Auto Lender’s Expectations

An undeniable reason for insurance is your auto lender’s stipulation. If you financed your vehicle, your lender expects auto insurance to safeguard their investment. In the event of an accident that damages your car, auto insurance ensures your vehicle can be repaired or replaced as needed.

Protecting Your Financial Status

Auto insurance is instrumental in shielding your personal finances in the case of an accident. Confronting accident-associated expenses without an insurance cover could disrupt your financial stability and possibly compel you to liquidate other assets. An appropriate auto insurance policy grants you peace of mind, knowing you’re protected financially, come what may.

Safeguarding Other Motorists

The compulsion for auto insurance isn’t purely individualistic; it helps protect all road users. If the roads were filled with uninsured drivers, the potential for financial catastrophe caused by accidents would skyrocket. Auto insurance ensures that you are capable of covering expenses if you cause an accident.

Secure Auto Insurance Today

Whether you’re in the market for a new vehicle or thinking about switching your auto insurance, give us a call. We at Fenzl Insurance Agency in Hamburg, NY, can assist you in obtaining suitable auto insurance coverage.