What is auto insurance? - III
Auto insurance is a contract between you and the insurance company that protects you against financial loss in the event of an accident or theft. In exchange for your paying a premium, the insurance company agrees to pay your losses as outlined in your policy.
Auto Insurance: Definition, How It Works, Coverage Types & Costs
Jul 15, 2023 · What Is Car Insurance? Car insurance is effectively a contract between yourself and an insurance company in which you agree to pay premiums in exchange for protection against financial...
How Does Car Insurance Work? - Progressive
Car insurance covers damage to your vehicle and protects you financially if you're liable for someone else's injuries or damages. Auto insurance can also pay for medical bills if you or your passengers are injured in an accident or if you're hit by a driver who is uninsured or underinsured.
Auto Insurance Basics - III
Auto insurance is a contract between the policyholder and the insurance company. The policyholder agrees to pay the premium and the insurance company agrees to pay losses as defined in the policy. Auto insurance provides property, liability and medical coverage: Property coverage pays for damage to, or theft of, the car.
Auto Insurance Definitions & Terms - Nationwide
Auto insurance is no exception. But first, exactly what is car insurance? Car insurance is a contract between you and your insurance company. By applying for coverage, you’re agreeing to pay an auto insurance premium to the insurance company.
Auto Insurance Definitions: Everything You Need to Know - Car and Driver
Oct 12, 2024 · Car insurance is coverage that protects you from financial losses if your vehicle becomes damaged or stolen. A minimum level of auto insurance coverage is mandatory...
What is auto insurance? | AutoInsurance.org
Dec 23, 2024 · Auto insurance definition refers to an agreement between the owner of a vehicle and their insurance company. To define auto insurance further, several types of coverage such as liability, collision, and comprehensive are offered by insurers.
What Is Car Insurance & How Does It Work? – Policygenius
Oct 11, 2022 · Car insurance is a type of financial protection that covers the cost of another driver’s medical bills and repairs if you cause an accident with your car, or in case your car is stolen or damaged some other way.
Vehicle insurance in the United States - Wikipedia
Vehicle insurance in the United States (also known as car insurance or auto insurance) is designed to cover the risk of financial liability or the loss of a motor vehicle that the owner may face if their vehicle is involved in a collision that results in property or physical damage.
What is car insurance and how does it work? | CarInsurance.com
May 30, 2023 · Car insurance covers you if you are involved in an auto accident that results in damages. It is must-have coverage for anyone who plans to climb behind the wheel and drive.
- Some results have been removed