Auto insurance is needed primarily:
A) to finance maintenance of auto.
B) as a protection against potential liability claims.
C) as a part of the lender's requirements.
D) to counter the effects of increasing fuel prices.
E) to satisfy federal requirements.

Question

Quizplus · Accepted Answer

Auto insurance is primarily needed to provide protection against liability claims that could arise as a result of an accident in which the insured is at fault. It provides financial compensation to the other party for any damages or injuries caused by the insured's actions.

Auto Insurance Is Needed Primarily