With a car, especially in the urban areas, you are faced with many risks of getting into accidents. For this reason, it is advisable that you take out insurance cover for. A car is an expensive asset. Many people take very long to acquire a car while others acquire it on loan. In case of an accident, the car is faced with the risk of destruction. A single accident can render your car useless and turn it into scrap metal. You could be having a car this minute and the next minute you are back into using public means.
Car insurance intervenes to offer compensation in case you are involved in an accident and your car is destroyed. Therefore, by taking out car insurance cover you transfer the burden to the insurance company. In case you are involved in an accident and your car is destroyed, the insurance compensates you for this loss.