
Auto insurance companies
Auto insurance companies provide financial protection for drivers against costs from vehicle accidents, theft, or damage. When you buy a policy, you pay a premium in exchange for coverage that helps cover repairs, medical expenses, or liability if you're at fault. These companies assess risk based on factors like driving history, car type, and location to determine rates. In case of an incident, the insurer manages claims, paying for covered damages according to your policy terms. Their goal is to help you avoid large out-of-pocket expenses and ensure financial security on the road.