What is Automobile Insurance?

What is Automobile Insurance?

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Business, Social Studies

University

Hard

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The video tutorial explains various types of automobile insurance coverages, including liability insurance, which covers damages to third parties caused by the insured vehicle. It also covers collision insurance, which deals with damages to the insured vehicle itself, and comprehensive policies that offer broader coverage, including theft and mechanical issues. Additionally, the video discusses uninsured and underinsured motorist coverage, which protects the insured when the at-fault party cannot be identified or is unable to pay. The tutorial concludes with a mention of special coverages available under automobile policies.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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