Auto Insurance > resources
> Explanation of insurance product
Auto insurance is probably America's most
well recognized type of insurance because the average licensed driver
may have between 5 and 10 different cars in his or her lifetime. Each
time a person buys a car, he or she must purchase automobile insurance.
It comes in many shapes and sizes and most all of the details are described
in the following sections; Buying decisions, Options/Products available,
Cost vs. Benefit, Watch out, additional resources, and claims.
Essentially, auto insurance is defined
as a policy that financially covers damages and or losses associated
with your car, you, passengers, other motorists, and even innocent bystanders.
Each of these circumstances and/or a combination of them set your auto
insurance policy in motion. Your insurance agent will be able to give
you all of the details regarding your auto insurance policy and how
to best protect yourself in case of an accident or mishap with your
Prior topic: Cost
vs. Benefit | Next topic: Watch Out!