Auto Insurance (Information And Its Coverage)

Auto Insurance mainly deals with the insurance policy related to the vehicle purchased by the insurer for cars, trucks, motorcycles, and other road vehicles. This section protects the policyholder against financial loss in the event of an incident involving a vehicle they own, such as in a traffic collision.

The primary motive of auto insurance is to provide financial protection against physical damage and/or bodily injury resulting from traffic, collisions and against liability that could also arise from the specific terms of vehicle insurance vary with legal regulations in each region. But in case of the lesser degree of damage in the auto, auto insurance may additionally offer financial protection against theft of the vehicle and possibly damage to the vehicle, sustained from things other than traffic collisions.

Auto Insurance Coverage typically includes:

· Property coverage, for damage to or theft of the car

· Liability coverage, for the legal responsibility to others for bodily injury or property damage

· Medical coverage, for the cost of treating injuries, rehabilitation and sometimes lost wages and funeral expenses