Auto insurance is a contract with an insurance firm that helps to guard you towards extreme monetary loss in case you are ever in an auto accident Auto insurance is required to guard your self from road and auto accidents and should embrace losses for liability, medical payments and any bodily damage ensuing from the accident. What this means is that your insurance will pay up to $20,000 in medical prices for any one particular person who’s hurt in an accident with your car, with a maximum cap of $40,000 on the medical bills it should pay to all injured …