Just as the name suggests, vehicle insurance is insurance for cars, trucks, motorcycles, and other road vehicles. It provides financial protection against physical damage or bodily injury resulting from traffic collisions, vehicle accidents and other liability that could also arise from incidents in a vehicle.

The type of vehicle insurance obtained determines the situations that the insurance will cater to, for example, the comprehensive coverage usually covers theft, vehicle repair costs from break-in or damages and others while the liability coverage insurance may not cover theft, as it mostly protects against bodily injury and property damage resulting from a vehicle accident.

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