vehicle insurance
Driver's financial safeguard
Vehicle insurance is a contract in which an insurer agrees to cover financial losses related to a vehicle—typically damage, theft, or liability for injuries and property damage caused to others.
Most jurisdictions require drivers to carry at least liability coverage.
Policies vary widely: comprehensive coverage, collision coverage, uninsured motorist protection.
Also called auto insurance or car insurance.
- collision coverageAuto policy for accidents
- fender benderMinor vehicle collision
- totaled carIrreparably damaged vehicle
- accident reportWritten record of mishap
- policyholdersThose owning insurance contracts
claim filing · actuaries · comprehensive coverage · underwriters · liability coverage · bodily injury · at-fault driver · reinsurers · dispute resolution · regulators · actuarial tables · consumer protection laws · legal advisors · geographic location · deductible · rental car coverage · premium · safe driver discount
- auto insurancecollision coverage, liability coverage, comprehensive coverage, theft protection, premium
- insurancecoverage, underwriting, premium, claims, policyholder
- farm insurancecrop loss, farm buildings
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Contract paying upon death
health insurance · property insurance · travel insurance · liability insurance · pet insurance
vehicle insuranceself-insurance
Assuming risk personally
personal liability · cash reserves · roadside assistance · emergency fund · extended warranty
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