What is auto insurance for today? Auto insurance protects you big time against financial loss if you have an accident or you hit someone. It is a contract or agreement between you and the auto insurance company. You as the driver or owner of the car agree to pay the premium and the auto insurance company agrees to pay your losses as written or disclosed in your policy. Auto insurance provides a variety of coverages – property, liability and medical coverage:


Property coverage insures or pays for damage  and comprehension to or theft of your car. Ex. If you car is broken into and your stero is taken -turn it in and your insurance company might pay all of it or part of it. 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.

p.s Getting the right auto insurance can save you thousands over years check around first before buying!