Car insurance
Nowdays it’s compulsory almost everywhere to have a car insurance before driving on public roads. It usually a third party insurance to protect against the financial consequences of an accident or damage.
If you don’t have an insurance, anything that you possess, your home, savings and other assets might be taken to pay for what you’ve caused. An insurance also protects you from the lawsuit payable as a result from an accident. For a relatively higher fee you can also get insurance cover if the accident is your fault and if you take out a comprehensive insurance your insurer covers any damage caused to your vehicle.