Auto Insurance
AUTO INSURANCE (AI)
Automobile or vehicle insurance is insurance for cars, trucks, motorcycles, and other road vehicles. Its main use is to give financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a vehicle.
Here are a few reasons why you should always have automobile insurance.
- It’s required by law (in all but two states)
- To compensate someone else for an accident you caused.
- To compensate you for an accident caused by someone else.
- To get your car fixed — no matter who caused the accident.
- To protect your assets.
- To help cover your passengers.
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