Automatic insurance plan protects you against financial loss if you have an accident. It is a contract between you and the plan provider. You agree to pay the top quality and the plan provider agrees to pay your losses as defined in your plan. Automatic insurance plan provides residence, responsibility and medical coverage:
Property protection will pay for harm to or theft of your car.
Liability protection will pay for your obligation to others for bodily injury or residence harm.
Medical protection will pay for the cost of treating injuries, rehabilitation and sometimes lost pay and funeral expenses.
An auto insurance plan plan is comprised of six different kinds of protection. Most states require you to buy some, but not all, of these coverages. If you're financing a car, your lender may also have requirements. Most auto policies are for six months to a year. Your insurance plan provider should notify you by mail when it’s time to renew the plan and to pay your top quality.
