Auto insurance protects you against a financial loss if you have an accident. It is a contract between you and the insurance company. You agree to pay the premium and the insurance company agrees to pay your losses as defined in your policy. Auto insurance, required in the state of Georgia, provides property, liability, and medical coverage:
* Property coverage pays for damage to or theft of your car.
* Liability coverage pays for your legal responsibility to others for bodily injury or Property damage.
* Medical coverage pays for the cost of treating injuries, rehabilitation, and sometimes lost wages and funeral expenses.