Auto insurance, also known as car insurance, is a type of insurance that provides financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a vehicle. Essentially, auto insurance policies are designed to protect drivers, passengers, and pedestrians involved in an accident, as well as to cover property damage.
Auto insurance is a legal requirement in most countries, and it can provide peace of mind and financial security in the event of an accident. Having auto insurance can help to cover the costs of medical bills, repairs, and legal fees, and it can also protect drivers from being sued for damages. In addition, auto insurance can provide coverage for theft, vandalism, and other types of losses.