Automobile insurance is purchased to protect drivers, passengers and property in case of an accident or other damage (including theft or vandalism in some cases). If an accident occurs, people are injured or damage occurs, all or a portion of it will be paid for by the insurer. The policy holder pays a premium in order to receive this coverage, which is often distributed into monthly payments.

The cost of automobile insurance will depend on several factors, including the car insurance company, the driver's track record, the type of vehicle being insured, the type of coverage purchased, and other various things.http://www.insurance.com/auto-insurance/auto-insurance-basics/8-things-you-should-know-about-auto-insurance.aspx

There are many options available when it comes to purchasing automobile insurance. The smallest policies generally include liability insurance, which may cover the driver, passengers and vehicle or other property in case the insurance holder causes an accident. Other types of insurance include comprehensive coverage, which protects the driver's vehicle in case of accident or vandalism; uninsured motorist insurance, which protects the driver and passengers in case they are hit by another driver with no insurance; personal injury protection insurance, which covers injury to the insured driver and his or her passengers; and collision coverage, which protects the insured's vehicle in case of an accident.http://www.carinsurance.com/CoverageDefinitions.aspxhttp://www.moneyinstructor.com/art/autoinstypes.asp

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