Car insurance is a type of insurance that provides financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents involving cars. In many countries, having car insurance is mandatory and is required by law to drive on public roads.
There are several types of car insurance coverage, including liability coverage, which covers damages to other people's property or injuries they sustain in an accident that is your fault; collision coverage, which covers damages to your own car in the event of a collision with another vehicle or object; and comprehensive coverage, which covers damage to your car from incidents other than collisions, such as theft, fire, or natural disasters.
The cost of car insurance varies depending on various factors such as the type of coverage, the make and model of the car, the driver's age and driving record, and the location where the car is registered. Many insurance companies offer discounts for safe driving records or for bundling multiple insurance policies.
It is important to carefully review your car insurance policy and understand what is covered and what is not. In the event of an accident, you should promptly contact your insurance company to file a claim and receive assistance.