Auto insurance, also known as vehicle insurance, protects vehicle owners from financial losses related to accidents, theft, or damage. It covers cars, motorcycles, trucks, and other types of vehicles.
Vehicle insurance usually includes different types of coverage. Liability coverage pays for damage or injuries caused to other people in an accident. Collision coverage pays for damage to the insured vehicle after an accident. Comprehensive coverage protects against theft, fire, natural disasters, and vandalism.
In many countries, auto insurance is legally required before driving a vehicle on public roads. This rule helps ensure that victims of accidents receive compensation for damages or injuries.
Auto insurance not only protects the driver but also provides safety and financial protection to others on the road.
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