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Car Insurance Information Automobile insurance policy is required by many states as well as is commonly a condition to finance a car. It covers liability in accidents as well as helps spend for vehicle repairs. Learn about the different sorts of insurance coverage as well as just how they affect your rate.Increasing costs for labor, components as well as treatment are enhancing automobile insurers 'cases rates, Bankrate expert Cate Deventer claims. That's triggering costs increases for drivers.What Is Automobile Insurance?Car insurance policy secures you economically if you are involved in a mishap . It pays for your medical expenses as well as covers the price of fixing or changing your automobile, depending upon the type of insurance coverage you have. Some states need vehicle insurance policy, as well as lending institutions might need it if you rent or finance your automobile. There are a range of insurance coverage types, including liability, collision, comprehensive as