How to Reduce Auto Costs and Stay Covered

​In 1769, the French engineer, Nicolas Joseph Cugnot, built the first steam-powered motor vehicle. Two years later, Cugnot crashed one of his inventions into a wall—constituting what is generally considered to be the very first “car accident.” It took over 100 years for the first automobile insurance policy to come into being—the year was 1898. In those days, the policy was intended to cover drivers against accidents with horses.

Auto insurance, although not required in all states, generally covers cars and people against more than just accidents. Possibilities of theft, damage from natural disasters and potential injuries to passengers, pedestrians, and other drivers demonstrate the importance of proper coverage.

Read More