Auto Insurance
Your auto insurance is there to protect you against financial loss if you are in an accident. Your auto insurance is, essentially, a contract between you and your insurance company. You pay a premium, and in return, the insurer agrees to pay for any losses as they are defined in your car insurance policy.
Auto insurance provides property, liability and medical coverage:
Property coverage pays for damage to or theft of your car.
Liability coverage pays for your legal responsibility to others for bodily injury or property damage.
Medical coverage pays for the cost of treating injuries, rehabilitation and sometimes lost wages and funeral expenses.
An auto insurance policy is comprised of six different kinds of coverage.
Comments
Comment from jeniffer
Time October 4, 2008 at 8:56 pm
this is really very important information to know. thank a lot.
Comment from ki
Time October 12, 2008 at 6:53 pm
good
Comment from auto buyer
Time September 26, 2008 at 1:40 pm
thanks for all these important auto insurance articles. I found lots of important information and guidelines about auto insurance from this site.
Now I can proceed for buying auto insurance for my new car.