Car insurance is a financial safety net that saves you from paying the full expenses that arise after a car accident, vandalism, storm damage, theft or other problems. There are multiple types of car insurance you can purchase that will cover your vehicle, yourself, your passengers, and others on the road.
Understanding the various types of car insurance coverage and when they pay out will help you decide what coverage is right for you.
6 main types of car insurance
While many types of auto insurance are optional, some are required based on where you live and if you’re leasing or financing your vehicle. These are the six major types of auto insurance.