Owning and driving a car means taking on risks to yourself and others. When traffic accidents occur injuries, damage,  loss or all of these factors may be inflicted upon you and others. Damage and loss of your property such as: Theft,  fire, vandalism and natural disasters are also risks factors to take inconsideration when shopping for auto insurance.
auto insurance is a contract between you and the insurer, specifying each parties rights and obligations. Essentially your insurer promises to provide specific coverage for you in return for your payment of premium.
Auto insurance is designed to protect yourself and others against these risks. It provides financial cover and can also offer other services (eg. A hire car if your vehicle is under repair from accident damage) when the need arises. 

Deciding on the right auto insurance policy

You need to find a sense of balance between coverage and cost. Figure out the suitable level of coverage by consideration by the following factors:-

• The value of your possessions you must protect.
• The value of your vehicle.
• The amount of money you're prepared to spend.
• Your tolerance of the possible risks.
• The insurer should fit your policy to your personal needs.
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To ensure you are getting the best possible deal, shop around, evaluate and compare as many auto insurance quotes and all the appropriate policies that provide the cover you need. Think about policies in terms of price, coverage, excess, flexibility and the reputation of the insurer.