What is the main benefit of vehicle insurance?

The main benefit of vehicle insurance is financial protection in case of accidents or damages. Vehicle insurance serves as a safety net that can cover the significant costs associated with vehicle repairs, medical expenses, and liability claims that can arise from accidents. This protection not only helps safeguard your personal finances but can also provide peace of mind knowing that you are covered in the event of an unforeseen incident.

Although legal assistance during disputes, discounts on future vehicle purchases, and free roadside assistance services can be beneficial features of certain insurance policies, they are not the primary purpose of vehicle insurance itself. The core function of insurance is to mitigate financial risks, making financial protection the most crucial aspect for any vehicle owner.