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 automobile.

Prior topic: Cost vs. Benefit | Next topic: Watch Out!