Auto insurance protects you from accident-related financial losses, such as vehicle damages or medical bills.
Auto insurance is a policy that provides reimbursement for specific car-related financial losses. In exchange for a monthly premium, the insurance company promises to cover losses sustained during a motor vehicle accident, including property, liability and medical coverage. The amount of coverage can vary depending on the policy chosen.
Property coverage reimburses you for the damage(s) or theft of your car.
Medical coverage pays for the cost of treating your injuries, rehabilitation and sometimes lost wages and funeral expenses.
Liability coverage pays for third party’s legal claims against you for bodily injury or property damage resulting from an accident.
Most auto insurance policies are the combination of several different types of coverage.
Medical payments coverage
Uninsured motorist coverage
Coverage for damages to your auto (comprehensive, collision and glass)