Auto insurance protects you against 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 provides coverage for liability, medical, and physical damage to your car:
Liability and personal injury (medical) coverages are required by law in the state of Michigan. Physical damage coverage to your auto is optional. If you are financing your car, the financial institution usually requires physical damage coverage.
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