# Auto Insurance

*Insurance — Finicade finance glossary*

Auto insurance bundles several covers: liability for damage you cause others, collision and comprehensive for your own car, plus medical components.

Auto insurance bundles several distinct covers: liability for damage you cause others, collision and comprehensive for your own vehicle, plus medical and uninsured-motorist components. Liability is the part that protects your net worth and the part most often bought at bare legal minimums, which in several US states are low enough to be exhausted by a single serious injury.

**Also known as:** car insurance, motor insurance, vehicle insurance

**Related terms:** [Liability Coverage](https://finicade.com/glossary/liability-coverage), [Comprehensive vs Collision Coverage](https://finicade.com/glossary/comprehensive-vs-collision-coverage), [Deductible](https://finicade.com/glossary/deductible), [Umbrella Policy](https://finicade.com/glossary/umbrella-policy), [Insurance Premium](https://finicade.com/glossary/insurance-premium)

Source: https://finicade.com/glossary/auto-insurance