According to the business intelligence services company SNL Financial, U. 41 million in property damage claims for private passenger auto claims alone. internet dating dos and don ts billion in damages a year. The phrase auto insurance is a general term that refers to various types of insurance protection for cars.
The simplest explanation of auto insurance is that it agrees to pay all or part of the costs associated with an accident, theft or other cause of damage to your car. In exchange for this coverage, you need to pay an insurance premium to your provider. What’s Covered The six different types of auto insurance all cover different problems. In order to become a savvy auto insurance consumer you need to understand exactly how each type of coverage works. Automobile Liability Insurance Coverage Liability insurance pays for damage and injuries that result from accidents where you are deemed at fault. This means you were responsible in some way for causing the accident.EnableInternalCSP_request