Car insurance is a necessary thing for drivers, not only because it is required by law in many states, but it is often the only protection you may have in case of an accident. Car accidents can have devastating and long lasting effects on you, your car, and your future depending on which side of the wheel you are on when the vehicles collide. With the right car insurance, the amount you have to pay out and the amount of coverage you receive can greatly reduce certain negative financial effects of an accident.