Having a car could involve certain amount of risk at times specially when an accident occurs and injures life and property. Securing your property against such disasters before hand is what Insurance is all about.
Auto Insurance can protect you against any such disaster that might hamper your property and Life at times. You can opt for the Personal Auto Policies (PAPs) provided by any Insurance company. A PAP is a contract between you and your insurer, specifying each party's rights and obligations. Your Insurer might also provide you with specific coverage in return for your payment of the premium.
Auto insurance provides property, liability and medical coverage:
· Property coverage pays for damage to or theft of your car.
· Liability coverage pays for your legal responsibility to others for bodily injury or property damage.
· Medical coverage pays for the cost of treating injuries, rehabilitation and sometimes-lost wages and funeral expenses.
A standard Auto Insurance Policy provides with six different types of coverages, most of which are obligatory to buy in most states. A year or sixth month is the limit to any Auto Insurance Policy.