Compulsory insurance is insurance that must be legally owned to do an activity, such as auto insurance and driving a car.

In every state in the U.S. except New Hampshire, it is illegal to drive without car insurance. Most states have laws requiring drivers to carry at least a minimum amount of liability coverage.

Compulsory insurance is a legal rule that forces people or businesses to buy certain insurance. It mainly covers car, ...

Car insurance didn't always come standard with a set of keys. What started as a niche product in the early days of motoring has become a legal and financial necessity for nearly every U.S. driver.