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Synopsis
All You Need to Know About Car Insurance
Eighty percent of the 73 million millennials in the United States own a car. A quick calculation yields approximately 58.4 million car-owning millennials. With 48 of the 50 states requiring auto insurance by law (New Hampshire and Virginia are the exceptions), it's safe to say that if you're a millennial, you'll need car insurance at some point.
Accidents happen, and insurance is what protects our finances when they do. Your car insurance coverage should help you whether the accident is your fault or the fault of someone else. However, how much it helps is up to you and is determined by the combination of options that make up your insurance policy.
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