By MICHAEL EVANS, last modified on May 17, 2023; reviewed by THOMAS BROCK;
verified by SUZANNE KVILHAUG; Facts checked There are mandatory and optional coverages, each of which covers different kinds of costs.
Insurance that is required by a lender or lessor, such as liability insurance, which covers costs like personal injury to others when you are at fault or vehicle damage, are examples of required coverages.
Collision and comprehensive insurance, which covers the cost of repairing a car you own, are examples of optional coverages.
Learn how auto insurance policies can be customized to meet your needs while adhering to certain requirements.
Depending on the type of insurance policy you have, auto insurance covers a variety of things.
Standard accident protection incorporates responsibility inclusion, or inclusion for wounds or property harm when you are to blame.
