Answer
Aug 11, 2016 - 12:55 PM
If you are driving a financed motor vehicle, it is required by law to be insured. This is put into place so that the financier of the asset will be reimbursed should anything happen to the vehicle, i.e. an accident, theft or fire. We highly advise that you have insurance even if the vehicle is not financed, because anything can happen. You don't want to be left with a repair bill on your vehicle or someone else's, or worse yet, no vehicle at all, if it is stolen.
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