All posts in: Auto Insurance

Auto insurance is a contract between you and the insurance company that protects you financially. The insurance provider promises to pay your losses as stipulated in your policy in exchange for you paying a premium.
Its primary purpose is to provide financial protection against physical damage or bodily injury caused by traffic collisions and the responsibility that may arise from such incidents. Vehicle insurance may also offer financial protection against vehicle theft and damage caused by incidents other than traffic crashes, such as keying, lousy weather, or natural catastrophes, as well as damage caused by colliding with stationary objects. Each region’s legal rules influence the precise terms of vehicle insurance.

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