The Auto Insurance

Auto insurance for vehicles - this is an insurance contract under which the insurance company reimburse all costs associated with recovery of the vehicle, which received the mechanical damage due to accident, fire, natural disaster, etc., as well as in the case of UNAUTHORIZED USE (theft) of the car.
The protection of such a treaty can be extended, on request, for additional equipment fitted to the car, as well as life, health of the occupants.
The car can be insured for the following risks:
Risk of «Damage» - loss of property owner’s vehicle as a result of the following events:
- Fire;
- The explosion;
- A natural disaster or a natural phenomenon;
- Theft of individual parts and parts of the vehicle;
- An accident.
Risk of «hijacking» - the theft of the vehicle.
Combined - the totality of risks of «Hijacking» and «Damage».
And also, you can insure:
- Additional equipment installed on the vehicle (radio, speakers, alloy wheels, etc.);
- Civil liability of owners of the vehicle;
- Life and health of the occupants in the event of injury, trauma, death

The liability coverage amounts (you need to pay for the damage done to other people) are presented as three figures, here they are: 20/40/10. That means $20K for bodily injury coverage per each person, $40K for bodily injury coverage per each accident and $10K for damaged property coverage per an accident.

United States require various points of minimum liability insurance cause this is the coverage you pay for damage you do to other people, this includes bodily injury and the damage of the property. This also includes what you need to pay for legal bills if you are the author of the accident.
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In all US states it is illegal and impossible to drive a car without any insurance. Insurance is called to protect you as well as other drivers from financial collapse in the case of a sudden car accident. Additionally, insurance can help if your auto gets vandalized, destructed by fire or water or stolen — depending on your options.

First of all car insurance protects you financially, it is a kind of social responsibility. If you’ll drive without any insurance or if you have no ability to pay for damage your car can cause in a road accident can put other people at financial risk.
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