What is Auto Insurance?

Auto Insurance or Motor Insurance is a type of insurance which covers any damage or loss or any kind of damage to any vehicle, like car, two-wheeler or even a commercial vehicle etc.

This kind of insurance helps to ease the monetary harms caused by accidents which damage the vehicles. The various amounts of premiums which are to be paid by the person seeking to ensure his/her vehicle will also depend on other factors like declared value, vehicle type, vehicle age, type of fuel, the age of the insured etc.