Insuring your car will protect you from financial loss if you are ever involved in an auto accident. An auto insurance policy is essentially an agreement between yourself and your insurer that provides you with property, liability and medical coverage. An auto policy may provide any of the following protections:
Buying a car is a luxury. But have you ever wondered if anything happens to your this luxury possession, who will get it covered? The answer to this question is the insurance company. Auto insurance is a contract between you and the insurance company that protects you against financial losses in case there is a theft or an accident. Though you have to pay a premium according to the coverages that are mentioned in your policy. Such policies are issued for a period of 6 months or 1 year and are renewed after that. The premiums that you pay will be ultimately used for your own benefit.
