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Automobile Insurance

Learn about the first-party and third-party coverages in automobile policies.


Automobiles and automobile-related activities are covered by automobile-insurance policies. Every state heavily regulates automobile insurance, including regulating what terms are offered and the rates insurers may charge. In this lesson, we’ll look at some typical features of automobile policies.

I. First-Party Coverage

Ordinarily, automobile policies include both first-party and third-party coverages. For first-party coverage, the most common type is property coverage for the...