Car Insurance Day is an annual American holiday dedicated to the importance of auto insurance. This practice is common not only in the United States but also around the world. The holiday is celebrated on February 1.
History
Car insurance is a process through which vehicle owners can protect their cars against risks such as theft, accidents, breakdowns, and more. It allows drivers to receive compensation for damages if a covered event occurs.
The concept of insurance in the United States traces back to Benjamin Franklin. This influential Founding Father established the first insurance company in 1751, allowing people to insure their property against fire.
The first automobile was created by Karl Benz in 1886. Just eleven years later, mechanic Gilbert J. Loomis created his own car and obtained the world’s first car insurance policy. Over the past century, the auto insurance industry has continued to evolve. In 1927, Massachusetts became the first state to introduce mandatory auto insurance.
Interesting Facts
- In England, drivers with 20 years of accident-free experience are eligible for free auto insurance.
- Research shows that the most aggressive drivers are under 25 years old, making them more likely to be involved in accidents. Older drivers are generally preferred by insurance companies.
- Statistically, the most dangerous time to drive is late Friday night into Saturday, when accidents increase by as much as five times.
How to Take Part
If you haven’t already, consider getting insurance for your car on Car Insurance Day. It’s important to protect your vehicle, no matter the situation. Take some time to learn more about how car insurance works in other countries.
Share information about the holiday on social media. Ask others if their car is insured and discuss different types of coverage.
When is Car Insurance Day in 2026?
Car Insurance Day is observed on February 1 each year.
Observations
Weekday | Month | Day | Year |
Sunday | February | 1 | 2026 |
Monday | February | 1 | 2027 |
Tuesday | February | 1 | 2028 |
Thursday | February | 1 | 2029 |