Despite needing car insurance (it’s required by law in some form or another in *nearly* all 50 states) people still don’t like paying for it. It’s understandable. You’re paying for a service you might never need to use. But that word, might, is not a promise that you won’t ever need to use your car insurance.
People have mixed feelings about the insurance industry, and much of it has to do with cost. The truth is, there are affordable packages out there. [Low income car insurance](https://coverhound.com/auto-insurance) is widely available. Whether you’re a good student or have maintained a stellar driving record, insurance companies are always looking to reward their clients in whatever way they can, and it’s usually with a reduced premium. Still feeling like getting car insurance is a waste of money? Just continue reading, you just might (will) change your mind.
**Reason 1:** *Car insurance is required by law.*
As mentioned in a couple previous paragraphs, car insurance is [required by law](http://www.iii.org/issue-update/compulsory-auto-uninsured-motorists) in just about every state in the United States. As the federal government does not impose driving laws, it is up to individual states to set up insurance laws, this is why every state is a little different in terms of what the insurance coverage they require their constituents to carry.
**Reason 2:** *The unexpected cost of an auto accident.*
While an auto accident can be as little as a ding to your rear bumper, it’s rarely ever the case. As of 2013, the average cost of a liability claim for bodily injury was nearly $15,500. The average cost of a liability claim for property damage was $3,231. That’s almost $20,000 in damages altogether. If you don’t have insurance and you were involved in an accident today, would you be able to pay $20,000 out of pocket? And remember, this is just the average—the cost of the accident can go even higher. And it’s not just that, the other driver involved in the accident? They have the right to sue you if you don’t have coverage. This means you’ll be paying for the maintenance of their car, the trip to the hospital, medical bills and litigation fees; this doesn’t even include paying for your own doctor’s visit or mechanic.
**Reason 3:** *Not being able to purchase a new vehicle.*
If you take out an auto loan to purchase a vehicle, your lender will [demand](http://www.carsdirect.com/auto-loans/do-auto-loans-have-car-insurance-requirements) that you take out an auto insurance policy. [Millions](http://www.cnbc.com/2016/06/02/us-borrowers-are-paying-more-and-for-longer-on-their-auto-loans.html) of Americans have taken out auto loans to help pay for their new cars, and it’s likely you may need to as well. If you don’t have insurance, you won’t get the loan to help pay for your new car.
**Reason 4:** *Chances of getting sued after an accident.*
One in seven drivers in the U.S. don’t have car insurance. If you’re involved in accident with a motorist who can’t pay for the damages sustained to your vehicle and person, what would you do? Would you sue them for payment? They will certainly sue you if you can’t cover the damages.
**Reason 5:** *The car isn’t parked where you left it.*
Depending on the insurance plan, your vehicle is covered should it be vandalized, damaged or stolen. The average cost of a brand-new vehicle is over [$33,500](http://www.usatoday.com/story/money/cars/2015/05/04/new-car-transaction-price-3-kbb-kelley-blue-book/26690191/), with the average cost of a used car coming to [$18,800](http://www.autoblog.com/2015/08/25/average-used-car-price-hits-new-record-high-of-18-800/), a record high. Do you have the funds to replace your stolen or totaled car? No? Car insurance can help, but you need a car insurance plan.
Yes, you have to pay a small fee for car insurance, but in the long run, you are saving thousands of dollars. To find low income car insurance, [visit CoverHound today](https://coverhound.com/auto-insurance).