|
Auto insurance is designed to protect you, your family, and your investment (your automobile) in the case of an accident. Based on a profile of the primary driver (including your driving record, your automobile, and various other aspects about your life like your age, gender, and marital status), auto insurance companies will offer you a certain amount of financial protection when you pre-pay an amount called a "premium."
Auto insurance policies are generally offered in terms of either six months or twelve months and often allow you to pre-pay your premium in small, regular payments or in a large single payment (for which you'll get a small discount).
|
