Insurance

 Auto insurance requirements vary from state to state. If you're financing a car, your lender may also have its own requirements. Nearly every state requires car owners to carry:

• Bodily injury liability – which covers costs associated with injuries or death that you or another driver causes while driving your car.
• Property damage liability – which reimburses others for damage that you or another driver operating your car causes to another vehicle or other property, such as a fence, building or utility pole.