What is the primary purpose of personal auto insurance?

The primary purpose of personal auto insurance is to protect against losses related to vehicle ownership and operation. This encompasses a wide range of coverage options designed to mitigate financial risks associated with owning a vehicle, including liability for bodily injury or property damage that arises from accidents, coverage for medical expenses, and protection against theft or damage to the insured vehicle itself.

While vehicle repairs are an important aspect of auto insurance, they are only one component of a broader range of protections. The objective of personal auto insurance extends beyond just covering repair costs; it aims to address various potential liabilities and risks that come with driving and owning a car. For instance, in the event of an accident, the policy ensures that both medical expenses and damages incurred by others are covered, providing peace of mind to the policyholder.

Rather than focusing solely on discounts related to driving history or covering all types of auto-related expenses, personal auto insurance is structured to serve its primary function of liability protection and ensuring that vehicle owners are safeguarded against unforeseen financial burdens associated with their vehicles.