3 Reasons You Need Car Insurance

Benefits of Having Car Insurance

According to the National Highway Traffic Safety Administration (NHTSA), there are more than six million accidents every year. That’s an incredibly high number and it only gets worse once you learn that one-eighth of drivers don’t have insurance. In today’s world, insurance is a necessity, not a luxury. While you may think otherwise, here are three fantastic reasons you need car insurance from us here at James Ceranti Nissan.

  1. Out-of-Pocket Cost. The average cost of an accident is over $9,000. That’s not counting any medical bills or disabling injuries. It only goes up from there. If you don’t have thousands of dollars available to fix your vehicle or pay medical bills, car insurance is an excellent way to take care of unforeseen expenses should you be in an accident.
  2. Confidence. Driving is all about confidence. Shaky drivers tend to panic and that can easily result in an accident. If you’re constantly scanning the road for potential threats, you aren’t really paying attention to what’s in front of your car. With insurance, you won’t need to worry about getting into an accident. While you should definitely try to avoid it, you’re covered should something happen.
  3. Consequences. When you drive without insurance, you run the risk of serious consequences if your state requires a minimum amount of coverage. Fines, vehicle impoundment, and license suspension are just a few potential consequences should you get caught without insurance.

Can you think of any more benefits of having car insurance? Leave us a comment below and share your thoughts.

Self-Driving Cars and Accidents: Who’s at Fault?

car accident

Everywhere we turn, we see the development of technologies which are bringing us closer and closer to a world of self-driving cars. Most automakers and experts agree that by 2020, we’ll see some form of fully autonomous cars on our roads – but there are a number of legal and insurance related questions to sort out before we’ll be able to purchase a car that drives itself.

The vast majority of accidents are caused by human error, according to the National Highway Traffic Safety Administration, so it’s widely acknowledged that self-driving cars would eliminate almost all traffic accidents. However, while we can eliminate human error and drastically reduce the number of accidents, we can’t eliminate accidents altogether.

When a driverless car can’t avoid a crash, the question of who, or what, is at fault, becomes a complex legal issue. Bloomberg Businessweek points out that the RAND study predicts an increased liability for auto manufacturers, and a decrease in personal liability. The result? A decline in insurance company revenue.

Though that kind of shift would certainly effect our economy, drivers are giddy at the prospect of saving serious money with their insurance companies. A carinsurance.com study found that 90 percent of drivers would consider switching to a self-driving car in exchange for a lower cost of car insurance.

Let us know in the comments: would you buy a self-driving car in exchange for lower insurance rates?

Here at James Ceranti Nissan, we can’t yet offer a self-driving car, but we can show you our lineup of safe, technology-packed cars. Stop by today!