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What is auto insurance?

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15th Dec 2009 by Gary

Auto insurance is the pooling together of premiums paid by a large number of people to cover potential accidents which may harm people or the vehicle. Insurance is the drawing upon that pool of money to pay for those particular accidents as they happen. Some auto insurance is called liability and other full coverage. The difference is liability will cover damage or harm to the one that is hit, while full coverage can cover both vehicles and passengers in them.

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This answer is the subjective opinion of the writer and not of FinancialAdvisory.com



26th Oct 2009 In Car Insurance 1 Answers | 104 Views
Subjects: auto insurance, car insurance,

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What is auto insurance?


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