Car Insurance Day is an annual American holiday dedicated to car insurance. This procedure is widespread both in the United States and in other countries. The holiday is on February 1st.
History
Car insurance is a procedure by which car owners can insure their cars through special organizations. The list of cases in which insurance is valid includes theft, accident, breakdown, and more. Car insurance allows drivers to receive compensation for damage in the event of an insured situation.
The concept of insurance appeared in society thanks to Benjamin Franklin. This remarkable man, who was directly involved in the creation of the United States and achieved great success in various fields, created the first insurance company in 1751. People could insure their property against fire.
The first car was created by K. Benz in 1886. Eleven years later, mechanic Gilbert J. Loomis created his own car and issued the world’s first insurance policy for it. Over the course of a century, the auto insurance industry has been actively developing and improving. In 1927, compulsory auto insurance was introduced in Massachusetts, making it the first state to have such rules.
Interesting facts
- In England, if the driving experience is 20 years without a single accident, the driver receives auto insurance free of charge.
- Researchers say that the most aggressive drivers are under 25 years old and are therefore more likely to get into an accident. Older people are more preferred clients for insurers.
- According to statistics, the most dangerous period on the roads is the night hours from Friday to Saturday, with accidents increasing on average by five times.
How to celebrate
Get insurance for your car on Car Insurance Day if you haven’t already done so. Situations vary greatly, so it is important to protect your property. Find out more interesting information about car insurance features in different countries.
Share information about the holiday on social networks. Ask other users if their car is insured.
When is Car Insurance Day in 2025?
Car Insurance Day is observed on February 1 each year.
Observations
Weekday | Month | Day | Year |
Saturday | February | 1 | 2025 |
Sunday | February | 1 | 2026 |
Monday | February | 1 | 2027 |
Tuesday | February | 1 | 2028 |
Thursday | February | 1 | 2029 |