The main impact of having auto insurance is the financial protection provided in the event of an accident or other covered event. If you do not have auto insurance and are involved in an accident, you may be responsible for paying for any damages or injuries out of your own pocket, which can be a significant financial burden on you and your family.
It's legally required in most states.
Auto insurance protects you and your family financially in case of accidents or incidents.
It provides liability coverage if you're at fault for an accident.
It can offer additional coverage options like roadside assistance and rental car.