Vehicle or Motor insurance is insurance for cars, trucks, motorcycles, and other road vehicles. It is mandatory for the vehicle owner to take Vehicle Insurance. The primary objective of such insurance is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a vehicle. Provides benefits to survivors when an accident results in death. It covers lawsuits, including legal fees brought against you as the result of an accident. Covers the bills of vehicle repairs due to damage caused in an accident. Covers damage caused by other than an accident for example, theft, fire, etc.