automobile insurance

Automobile insurance is a financial product that protects you against loss or damage related to your vehicle. It covers expenses resulting from accidents, theft, or injuries caused by your driving. Depending on the policy, it can include liability coverage (for damages to others), collision coverage (for damage to your own car), and comprehensive coverage (for non-collision incidents like theft). You pay a premium, and in return, the insurance company helps cover costs when an incident occurs. It’s essential for safeguarding your finances and complying with legal requirements in many places.