Changes

==Do I Need Insurance?==

==Do I Need Insurance?==

In many countries it is compulsory to purchase auto insurance before driving on public roads. In the United States, penalties for not purchasing auto insurance vary by state, but often involve a substantial fine, license and/or registration suspension or revocation, as well as possible jail time in some states. Usually the minimum required by law is third party insurance to protect third parties against the financial consequences of loss, damage or injury caused by a vehicle.  Typically, coverage against loss of or damage to the driver's own vehicle is optional.

In many countries it is compulsory to [[keyword:=purchase auto insurance|purchase auto insurance]] before driving on public roads. In the United States, penalties for not purchasing auto insurance vary by state, but often involve a substantial fine, license and/or registration suspension or revocation, as well as possible jail time in some states. Usually the minimum required by law is [[keyword:=third party insurance|third party insurance]] to protect third parties against the financial consequences of loss, damage or injury caused by a vehicle.  Typically, coverage against loss of or damage to the driver's own vehicle is optional.

In the [[Directory:United States of America|United States]], liability insurance covers claims against the policy holder and generally, any other operator of the insured’s vehicle, provided they do not live at the same address as the policy holder and are not specifically excluded on the policy. In the case of those living at the same address, they must specifically be covered on the policy. Thus it is necessary for example, when a family member comes of driving age they must be added on to the policy. Liability insurance sometimes does not protect the policy holder if they operate any vehicles other than their own. When you drive a vehicle owned by another party, you are covered under that party’s policy. Non-owners policies may be offered that would cover an insured on any vehicle they drive. This coverage is available only to those who do not own their own vehicle and is sometimes required by the government for drivers who have previously been found at fault in an accident.  

In the [[Directory:United States of America|United States]], liability insurance covers claims against the policy holder and generally, any other operator of the insured’s vehicle, provided they do not live at the same address as the policy holder and are not specifically excluded on the policy. In the case of those living at the same address, they must specifically be covered on the policy. Thus it is necessary for example, when a family member comes of driving age they must be added on to the policy. [[keyword:=Liability insurance|Liability insurance]] sometimes does not protect the policy holder if they operate any vehicles other than their own. When you drive a vehicle owned by another party, you are covered under that party’s policy. Non-owners policies may be offered that would cover an insured on any vehicle they drive. This coverage is available only to those who do not own their own vehicle and is sometimes required by the government for drivers who have previously been found at fault in an accident.  

==How Your Rates are Determined==

==How Your Rates are Determined==

The current system of insurance creates groupings of vehicles and drivers (actuarial classes) based on the following types of classifications.

The current system of insurance creates groupings of vehicles and drivers ([[keyword:actuarial classes|actuarial classes]]) based on the following types of classifications.

===Three Main Considerations===

===Three Main Considerations===

* Surcharges: Business use.

* Surcharges: Business use.

* Discounts: Safety equipment on the vehicle airbags, and antilock brakes; theft control devices passive systems (e.g. The Club), and alarm system; and driver type - good student, and safe driver (accident free); group - senior drivers fleet drivers .

* Discounts: Safety equipment on the vehicle airbags, and antilock brakes; theft control devices passive systems (e.g. The Club), and alarm system; and driver type - good student, and safe driver (accident free); group - senior drivers, fleet drivers .

==Photo gallery==

==Photo gallery==