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Best Local Car Insurance Agencies in Newark

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2023
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Abbott Insurance Agency logo

Abbott Insurance Agency

235 Bloomfield Ave, Bloomfield, NJ 07003

Business Description

Abbott Insurance Agency is a full-service insurance firm located in Bloomfield, New Jersey. Established in 1959 by William Abbott, the family-owned business provides auto insurance to residents throughout the Newark metro area. Policies may include comprehensive, collision, and liability coverage. Reimbursements for third party medical bills and personal injury protection may be included. The agency also offers homeowners, renters, and personal umbrella insurance. Services are provided in English and Spanish.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.7 / 5 (47)
Facebook
4.9 / 5 (41)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Arabo Insurance Group logo
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License Verified:

License: 1208243

State of New Jersey Banking and Insurance

Arabo Insurance Group

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675 Bergen Street, Newark, NJ 07108

Business Description

Arabo Insurance Group offers risk management assistance from its Newark office. The independent agency provides several products such as auto insurance, which covers liability in case the insured driver injures others. Its team also furnishes plans that reimburse losses in cases of collision and non-collision perils such as theft and fire. With access to policies from multiple providers such as Progressive and National General, the risk management specialists also offer motorcycle, boat, and home insurance.

License Verified:

License: 1208243

State of New Jersey Banking and Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.7
Google
4.7 / 5 (32)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Borgos Hanlon Henry & Garcia, Inc. logo
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License Verified:

License: 8221568

State Of New Jersey Banking and Insurance

Borgos Hanlon Henry & Garcia, Inc.

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593 Kearny Avenue, Kearny, NJ 07032
  • Multiple Carriers
  • Motorcyle & ATV
  • Boats
  • RV & Motorhome

Business Description

Borgos Hanlon Henry & Garcia, Inc., is a team of agents that serves the Newark area. They assist clients in acquiring auto insurance, which can cover regular, antique, classic, and collectible cars. They have access to policies from multiple carriers, such as American Collectors Insurance, Chubb, Foremost Insurance Group, The Hartford, and Progressive. They also insure sailboats, jet skis, snowmobiles, motorboats, and off-road vehicles. Borgos Hanlon Henry & Garcia has been in service for more than a century.

License Verified:

License: 8221568

State Of New Jersey Banking and Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Facebook
4.7 / 5 (7)
Google
5.0 / 5 (3)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Browne Insurance Agency, LLC. logo
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License Verified:

License: 1190574

State of New Jersey Banking and Insurance

Browne Insurance Agency, LLC.

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99 Northfield Avenue Suite #2, West Orange, NJ 07052
  • Multiple Carriers

Business Description

Browne Insurance Agency, LLC, has been serving clients in and around the Newark area since 2008. It represents several insurance carriers to supply its clients with personal and commercial policies, such as car, home, excess liability, general liability, and workers' compensation insurance. It also provides niche premiums for restaurants, professional offices, laundromats, and large apartment buildings. Browne Insurance Agency's owner, Sharon Browne, brings more than 26 years of experience in the industry.

License Verified:

License: 1190574

State of New Jersey Banking and Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.7
Google
4.6 / 5 (5)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Choice International Agency logo

License Verified:

License: 103774

State of New Jersey Banking and Insurance

Choice International Agency

348 Main Avenue, Wallington, NJ 07057
  • Multiple Carriers

Business Description

Choice International Agency is an independent firm serving individuals, families, and businesses in and around Newark. With access to policies from different providers, its team is able to furnish custom protection plans for drivers, antique car owners, and motorcycle riders. The agency also offers policies for home and condominium owners. Some of its partner carriers include Zurich, National General, Mercury, Travelers, and MetLife. The company can provide services in Polish. It is headed by Grazyna Torbus, who has been working in the industry since 1986.

License Verified:

License: 103774

State of New Jersey Banking and Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.2
Google
4.0 / 5 (8)
Facebook
4.6 / 5 (5)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Clyde Paul Insurance Agency logo
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License Verified:

License: 195893

State of New Jersey Banking and Insurance

Clyde Paul Insurance Agency

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9 Ridge Road, North Arlington, NJ 07031

Business Description

Clyde Paul Insurance Agency is a family-owned and locally operated business that serves individuals, families, and businesses from Newark and the surrounding areas. It provides automobile insurance policies with coverage options such as comprehensive and collision. Other personal products that it offers include homeowners', renters', and condo insurance. Clyde Paul Insurance Agency has been in operation for over six decades. The company has partnered with more than 20 insurance carriers, including Travelers, Foremost, and The Hartford.

License Verified:

License: 195893

State of New Jersey Banking and Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (12)
Facebook
5.0 / 5 (4)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Deramo Insurance Associates Inc. logo
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License Verified:

License: 207079

State of New Jersey Banking and Insurance

Deramo Insurance Associates Inc.

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1070 Clinton Ave, Irvington, NJ 07111

Business Description

Deramo Insurance Associates Inc. is a family-owned and family-operated agency serving clients in Newark and the surrounding areas. It offers car insurance that protects individuals against various risks, including accidents, natural disasters, and theft. The agency helps clients sign up for Medicaid for automobile accident injuries through the Special Auto Insurance Policy. It also provides insurance products for commercial vehicles, motor homes, and boats. Deramo Insurance Associates has been in the industry for more than 30 years.

License Verified:

License: 207079

State of New Jersey Banking and Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.5
Google
4.5 / 5 (44)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
ESTIR logo
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License Verified:

License: 1113383

State of New Jersey Banking and Insurance

ESTIR

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652 Bloomfield Avenue, Bloomfield, NJ 07003

Business Description

ESTIR is a local insurance agency that has been serving Newark and its surrounding communities since 1999. It provides a wide range of car insurance coverage options including collision, comprehensive, bodily injury, property damage, personal injury protection, and uninsured/underinsured motorists. Commercial auto insurance plans are available for businesses for different kinds of vehicles that a company might own or operate. The agency represents multiple insurance carriers such as American Modern, Plymouth Rock Assurance, and The Philadelphia Contributionship.

License Verified:

License: 1113383

State of New Jersey Banking and Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.4
Facebook
5.0 / 5 (19)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Gary's Insurance Agency logo
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License Verified:

License: 78554

State of New Jersey Banking and Insurance

Gary's Insurance Agency

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618 West St. Georges Ave, Linden, NJ 07036

Business Description

Gary's Insurance Agency is a company that offers car insurance coverages in the Newark metro. These insurance policies cover medical treatment for accident-related injuries, doctor visits, EMT and ambulance fees, and hospital costs. It is also a financial coverage for repairs or car replacement, owner liabilities, vandalism, theft, and natural disasters. Gary's Insurance Agency has been around since the 1980s. Its additional car insurance coverage include child care expenses and lost income should the policyholder be in an accident.

License Verified:

License: 78554

State of New Jersey Banking and Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.4
Google
4.4 / 5 (145)
Facebook
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Generazio Associates, Inc. Insurance logo

License Verified:

License: 8039428

State of New Jersey Banking and Insurance

Generazio Associates, Inc. Insurance

265 Broad St #8, Bloomfield, NJ 07003

Business Description

Since 1971, Generazio Associates, Inc. Insurance has been serving clients in Newark. It educates and helps car owners on issues involving auto insurance. The agency provides plans that cover a wide range of areas, such as liability, collision, personal injury protection, and theft. It also offers business insurance, including cyber liability, commercial auto, and workers' compensation policies. One of the agency's staff, Richard Paglianite, once worked as an insurance manager for the financial services company State Farm.

License Verified:

License: 8039428

State of New Jersey Banking and Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Google
4.9 / 5 (47)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Ironbound Insurance Agency Inc. logo
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License Verified:

License: 9969591

State of New Jersey Banking and Insurance

Ironbound Insurance Agency Inc.

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376 Chestnut St, 376 Chestnut St, Newark, NJ 07105
  • Bundling Option

Business Description

Ironbound Insurance Agency Inc. is a service provider that caters to the needs of the Newark metro and surrounding areas. Its team of insurance professionals provides protection plans such as home insurance packages and business insurance plans. They assist vehicle owners in securing insurance policies for personal, business, or commercial needs and customize policies according to clients' budget and protection purposes. The agency has been serving the community for more than 20 years. It also offers accounting services.

License Verified:

License: 9969591

State of New Jersey Banking and Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (3)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Mario Fernandez Insurance Agency logo

License Verified:

License: 8217035

State of New Jersey Banking and Insurance

Mario Fernandez Insurance Agency

7724 Bergenline Avenue, North Bergen, NJ 07047
  • Multiple Carriers

Business Description

Mario Fernandez Insurance Agency assists clients in finding suitable car protection plans in Newark. It guides individuals on different kinds of coverage options like collision, liability, medical payment, and personal injury. Its agents also advise consumers about uninsured or underinsured coverage and optional features for towing, roadside assistance, and rental reimbursement. They also offer solutions for antique cars. The independent agency has been serving the community for over 35 years. It represents carriers like Progressive and Hagerty.

License Verified:

License: 8217035

State of New Jersey Banking and Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.2
Google
4.2 / 5 (5)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Massey Insurance Agency logo

License Verified:

License: 8106452

State of New Jersey Banking and Insurance

Massey Insurance Agency

46 Lyons Avenue, Newark, NJ 07112

Business Description

Massey Insurance Agency is a women-owned independent company that has been serving clients in Newark for over 45 years. It offers car insurance policies that protect the client from financial responsibilities for property damage and injuries. The policy may also help reimburse losses from theft, vandalism, and fire. The agency has risk management solutions for homes, condominiums, vacant dwellings, and recreational vehicles. It assists businesses with general liability and workers' compensation. Massey Insurance Agency is headed by Ramelle Massey, a member of the Newark Regional Business Partnership.

License Verified:

License: 8106452

State of New Jersey Banking and Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.6 / 5 (15)
Facebook
5.0 / 5 (12)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Mile Square Insurance Agency logo

License Verified:

License: 1370720

State of New Jersey Banking and Insurance

Mile Square Insurance Agency

117 Washington Street Suite #300, Hoboken, NJ 07030

Business Description

Mile Square Insurance Agency is a local business serving Newark and its surrounding communities. It offers a wide range of personal and commercial auto insurance coverage options including property, liability, and medical. Insurance policies are also available for RVs, ATVs, motorcycles, snowmobiles, and boats. The agency's principal agent, Michael Blumenfeld, utilizes more than 25 years of underwriting experience in handling property casualty insurance. He is a Chartered Property Casualty Underwriter (CPCU) and an Associate in Reinsurance (ARe).

License Verified:

License: 1370720

State of New Jersey Banking and Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Google
5.0 / 5 (43)
Facebook
5.0 / 5 (9)
Yelp
4.0 / 5 (4)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Muller Insurance logo

Muller Insurance

930 Washington Street, Hoboken, NJ 07030

Business Description

Muller Insurance is an independent auto insurance agency serving Jersey City and beyond. Founded in 1906, this family-owned and operated firm offers families and individuals car insurance options from reputable insurers such as Plymouth Rock, Progressive, Travelers and Safeco. The team at Muller Insurance provides insurance plans to fit your needs. Additionally, the agency provides commercial property, commercial auto, business, restaurant, and umbrella insurance in 30 states.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.7
Google
4.8 / 5 (110)
Facebook
4.8 / 5 (50)
Yelp
4.0 / 5 (22)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
National Independent Truckers Insurance Company logo

National Independent Truckers Insurance Company

610-618 W. St # 610-618 W St, Linden, NJ 07036

Business Description

National Independent Truckers Insurance Company (NITIC) is an underwriting firm focusing on auto insurance for trucks. Founded in 2001, NITIC operates in Linden, New Jersey. It has an operating license issued by the South Carolina Department of Insurance and is permitted to provide insurance services in 48 states. The insurer specializes in insurance plans for trucks, trailers, cargo, and third-party liability. As a Risk Retention Group, NITIC extends ownership to policyholders and boasts the AM Best's Financial Strength Rating.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Facebook
4.7 / 5 (162)
Yelp
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
SAS Insurance Agency, Inc logo
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License Verified:

License: 5734934

State of New Jersey Banking and Insurance

SAS Insurance Agency, Inc

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233 Kearny Avenue, Kearny, NJ 07032
  • Multiple Carriers

Business Description

SAS Insurance Agency, Inc., is an independent risk management company serving the Newark area. It offers auto insurance, which includes liability coverage and helps pay for medical expenses in case insured drivers or passengers obtain injuries from accidents. It also reimburses losses from theft. Some of the carriers they represent include MetLife, UPC Insurance, and Providence Mutual. SAS Insurance Agency started out as a one-man operation in 1965 and has now grown to a full-service agency providing risk management solutions for more than 2,000 families.

License Verified:

License: 5734934

State of New Jersey Banking and Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.0
Google
3.7 / 5 (7)
Facebook
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
The Bixler Group, LLC logo
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License Verified:

License: 8626445

State Of New Jersey Banking and Insurance

The Bixler Group, LLC

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758 Kearny Avenue, Kearny, NJ 07032
  • Bundling Option

Business Description

The Bixler Group, LLC, is a family-owned and operated business that caters to Newark residents. Its team assists clients in various areas including auto insurance. The professionals provide standard car insurance plans along with additional coverage options such as extended transportation and roadside assistance. In addition, they also offer property and wedding insurance. The Bixler Group, LLC, is committed to providing clients with personalized services 24/7. It has been in business for more than 100 years.

License Verified:

License: 8626445

State Of New Jersey Banking and Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (9)
Yelp
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
The Four Corners Agency logo
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License Verified:

License: 1668988

State of New Jersey Banking and Insurance

The Four Corners Agency

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497 Broadway Suite 9, Bayonne, NJ 07002

Business Description

The Four Corners Agency is an independent insurance agency that serves individuals, families, and businesses from Newark and the surrounding areas. It provides auto insurance policies with coverage options such as collision, comprehensive, and liability coverage. Other types of personal insurance products that it offers include homeowners', renters', and condo insurance. The company also provides commercial auto, commercial property, and workers' compensation insurance plans. The Four Corners Agency has been in operation for more than three years.

License Verified:

License: 1668988

State of New Jersey Banking and Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Google
4.9 / 5 (127)
Facebook
5.0 / 5 (22)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
The Julius A Rose Agency logo
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License Verified:

License: 8055994

State of New Jersey Banking and Insurance

The Julius A Rose Agency

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194 Broadway PO Box 456, Bayonne, NJ 07002

Business Description

The Julius A Rose Agency has been serving clients in Newark and its neighboring communities since 1902. The company specializes in rare, exotic, and classic collector auto insurance. It uses comparative rating systems to give clients diverse options for their insurance policies. The company represents a range of insurance carriers, including MetLife, SmartChoice, and Mercury Insurance. This family-owned company provides car insurance policies for individuals and businesses. The agency has a dog mascot named Mack.

License Verified:

License: 8055994

State of New Jersey Banking and Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.7
Facebook
5.0 / 5 (5)
Google
5.0 / 5 (2)
Yelp
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––

Frequently Asked Questions

  • Introduction

    A way to stay protected while on the road, car insurance offers a financial safety net should accidents occur, regardless of who's at fault. The right car insurance agency can be very valuable, providing a way to purchase an ideal level of auto insurance coverage for personal circumstances. Agencies can help customers select the most beneficial coverage options while saving money on their insurance plan. With help from a qualified agency, it's possible to feel safe and secure behind the wheel.

  • What is car insurance?

    Car insurance is a form of insurance that can cover damages to cars, drivers, passengers, and other property when an accident occurs. If another car crashes into a driver, or if a driver causes an accident, car insurance will pay most or all of the cost of repairs.

  • How does car insurance work?

    Car insurance functions in a way similar to other insurance policies. In exchange for a monthly premium payment, an insurance company assumes liability should an accident occur up to the coverage levels specified in a prearranged policy. This means if an accident occurs, the driver won't have to pay the full cost of repairs out of pocket.

  • What does car insurance cover?

    Car insurance coverage can vary from one plan to another. It typically includes coverage for damages to a vehicle from accidents, medical expenses for people injured in accidents, and related costs after accidents with uninsured drivers. Some policies may cover additional perks, such as roadside assistance or a rental car during post-accident repairs.

  • Does car insurance cover theft?

    Comprehensive car insurance generally includes theft protection. This means if a car is stolen and isn't recovered, the insurance agency will pay for the value of the car. However, comprehensive insurance that covers theft is optional coverage.

  • How does a car insurance deductible work?

    A deductible is an amount that must be paid out of pocket before insurance coverage is applied. If a driver with a $1,000 deductible gets in an accident that causes $10,000 in damage, the driver must pay $1,000 and the insurance company pays the remaining $9,000. Deductibles amounts vary between coverage types.

  • Do you need insurance to register a car?

    Yes, drivers need a valid car insurance policy to register a vehicle in most U.S. states. Car insurance is a legal obligation, and the DMV may suspend registration if insurance isn't maintained. Some banks and other lenders may also require a certain level of insurance before funding an auto loan.