NAZNET
What does auto insurance mean?
Its a contract between you and the insurance company that protects you against financial loss in the event of an accident or theft.
After paying your premium, the insurance company agrees to pay your losses as outlined in your policy.
It mainly provides coverage for:
Property – damage or theft of your car.
Medical – Treating injuries, rehabilitation and funeral expenses.
Most insurance companies will send a notice when it’s time to renew the policy and pay your premium.
Who is covered ?— The policy will cover you and other family members, driving your car or someone else’s car.
Your personal auto policy only covers personal driving. It will not provide coverage if you use your car for commercial purposes—for instance.
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