Car insurance protects you financially if your car is damaged or you cause an accident.
Types of car insurance:
- Third-party Insurance – covers damage to others caused by your car.
- Comprehensive Insurance – covers damage to your own car and others.
- Collision Insurance – covers your car in case of a crash.
You pay a monthly or yearly fee. If something happens—like an accident, theft, or fire—the insurance company pays for repairs or replacements.
Why is it important?
- Car repairs can be expensive.
- Accidents can lead to legal trouble.
- It’s often required by law.
Having car insurance keeps you safe and gives you peace of mind on the road.
