Leaving A Car Uninsured Essay

Decent Essays
Doesn't matter if you started driving yesterday or you are an expert driver, the truth remains that there is a high chance you'll be involved in an accident one day.
This isn't a case of "God forbid, it'll never happen to me!", it's inevitable, no one plans to get into an accident. In fact, the Federal Road Safety Commission (FRSC) recorded a total of 12, 077 road crashes in the past year.
Looking at these numbers, it's easy to see why having an insurance coverage for your car is necessary as you hit the road daily.
This is just one reason out of many, but here are four more to help you understand better why leaving your car uninsured is dangerous.
1. You disobey the law: In Nigeria, a third party auto insurance is mandatory for all car owners. Not complying with this rule leaves you open to harassment especially when the inevitable happens and you are left to bear your loss alone and also pay heavy fines or getting your licence suspended for breaking the law.
2. Your finances are unprotected: In an instance
…show more content…
Other incidents may occur: Accidents aren't the only bad things that happen to many car owners. Chances are your car may get stolen, vandalized or damaged by natural causes. Not having car insurance leaves you open to great losses (which you may not recover from) when incidents such as these occur.
4. You leave yourself unprotected: Car insurance is a legal cushion for you. When unfortunate incidents occur especially when it involves another party, these victims may try to squeeze more money than expected out of you which could lead to lawsuits. Your insurance provides the right protection and it would act as a barrier between the legal suit and your finances, saving you a lot of money and trouble.
Having a proper car insurance can save you a lot of stress, protect your wallet and give you peace of mind in the long term.
Thinking of what car insurance coverage is right for your needs, you can start by talking to us at Compare Insurance.
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