🚗 Auto Insurance: Driving with Confidence

Explainer

Auto insurance protects against accidents, theft, and damage. Most states require minimum liability coverage.

Types of Coverage:

• Liability (required)
• Collision
• Comprehensive
• Uninsured/Underinsured Motorist
• Roadside assistance

Comparison: Minimum Coverage vs. Full Coverage

• Minimum: Legal requirement only, low cost, limited protection
• Full Coverage: Includes liability, collision, and comprehensive

Guide: How to Save on Auto Insurance

Bundle with home/renters insurance

Maintain a clean driving record

Shop around every 6–12 months

Consider usage-based or telematics insurance

Trends in 2025

• Pay-per-mile insurance gaining traction
• Integration of AI-powered accident reporting
• Discounts for EV and hybrid owners