| Description: | Auto insurance is a necessity for every car owner in order to stand up to any financial loss that may arise out of a car accident. Such coverage may come in different proportions as per the needs of the applicant while signing for it. The policy holder needs to pay premiums periodically, which would be calculated upon the probability of accidents as well as the cost of covering such accidents & other risks. Apart from the damages to property, auto insurance policy would cover for bodily injuries, medical costs & death as per agreement. The premiums to be paid for such coverage may vary from one insurer to another. |
