What is auto insurance?

What is auto insurance? Auto Insurance is a method of spreading out risk in exchange for currency. The insured pays premium in exchange for the insurer to pay out in case of the unexpected. How does it help us? and Why do we need it? Having adequate coverage in case of an accident can lift a huge amount of stress, financial burden and well being. Picture these following situations: “Where did that stop sign come from? I didn’t see it. It was my fault because I didn’t stop and hit I hit t