How Does Car Insurance Work in Detail
Car insurance protects you financially in the event of an accident, theft, or damage to your vehicle. So, how does automobile insurance work? You pay a premium for a certain amount of coverage, and your policy remains in effect as long as you do so. It shields you from financial liability in any of the aforementioned scenarios. It is now a contract between you and the insurance company. You agree to the contract’s terms and conditions, and the company agrees to protect you financially from covered losses.