If you drive a vehicle, you are required by law to have insurance. But why do we need it?
Consider hitting a car and injuring three passengers. If both your vehicle and the other vehicle are valued at $20,000 and considered total losses, and each passenger has medical claims of $20,000, this quickly adds up to $100,000! That’s an amount I don’t even want to think about having to plan for in my annual budget! Fortunately, there’s insurance! {Read More…}