👉 Insurance is like a powerful tool that can save you money while also protecting your loved ones from financial losses! It's like having two insurance plans for your car and life-coverage - one for physical damage and one for general liability, but the latter covers medical expenses as well.
Suppose you had a car accident - it could be pretty devastating if there was no coverage. Insurance companies would want to make sure that their customers don't have to pay out of pocket for any damages caused by your reckless driving or careless driving habits. That's why they offer multiple policies, like collision and comprehensive with additional benefits like medical payments and even dental insurance. And guess what? They might also cover other types of coverage if you're in an accident due to a faulted driver! For example, say you were hit by a car at night on your way home from a party. You had no insurance policy for liability damage - it was all covered with the car itself. But then you found out that a friend's car broke down and you had a medical emergency, so your insurance company offered you both types of coverage! So when you're in an accident, you might be asked to choose between paying out-of-pocket or getting covered under your policy - and it can sometimes feel like choosing one over the other!
