Does Auto Damage Insurance Cover Tire Damage?
1 Answers
Auto damage insurance does not cover tire damage. Below is relevant information about vehicle insurance: 1. Introduction: Vehicle insurance, also known as motor vehicle insurance or auto insurance, refers to a type of commercial insurance that provides compensation for personal injuries or property damage caused by natural disasters or accidents involving motor vehicles. Auto insurance is a form of property insurance and is relatively new in the field of property insurance, as it emerged and developed alongside the advent and popularization of automobiles. Unlike modern motor vehicle insurance, early auto insurance primarily focused on third-party liability coverage and gradually expanded to include risks such as collision damage to the vehicle body. 2. Classification: Commercial insurance is an open policy and is divided into basic insurance and additional coverage, with the latter not being available as standalone insurance.