Insurance

Auto Insurance is required by law in most states. It serves a very useful purpose in that it covers expenses should you ever get in an accident or have something "bad" happen to your investment. Liability just covers another person that is involved with you in a collision. It replaces and or fixes their car NOT yours. If you just have liability and your car gets damage you will have to pay out of pocket the money required to fix your car. Full coverage will repair or replace both vehicles if it is found that you are at fault.