Getting Auto Insurance: All You Need To Know
Understanding Auto Insurance
Also known as car insurance, it is a contract between an individual or company and an insurance company. It seeks to protect the insurance recipient from financial loss from an accident or theft. A person may incur a loss on:
- Property
- Liability
- Medical
Typically, the person or company pays a fee, and the insurance company will take care of the losses as agreed in the contract or policy. An auto insurance agreement, however, doesn’t take away the role of auto accident lawyers. Auto accident lawyers are responsible for the legal action that may need to be taken when an automobile is involved in an accident.
Optional Auto Insurance Coverage
Typically, auto insurance companies are legally mandated to cover car damages. However, the coverage is usually for the damage that your car caused. It doesn’t cover the damage to your vehicle without some additional but optional coverages. Some … Read more
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