Description

Car insurance is a contract between a vehicle owner and an insurance company that provides financial protection in case of an accident, theft, or other damages related to the vehicle. It’s a legal requirement in many countries to have car insurance, and it helps ensure that individuals can cover the costs associated with accidents, damages, and third-party injuries. Car insurance typically covers various types of risks depending on the policy chosen. Types of Car Insurance. 1. Liability Insurance 2. Comprehensive Insurance 3. Collision Insurance 4. Personal Injury Protection (PIP) 5. Uninsured/Underinsured Motorist Coverage 6. Third-Party Insurance 7. Gap Insurance 8. Roadside Assistance Insurance