Answered

How will buying auto insurance help you?

AIt will help you buy a new car on loan.

BIt will compensate you if your car is stolen or gets damaged.

CIt will help you exchange your damaged vehicle for an undamaged one.

Verified Answer :

B. It will compensate you if your car is stolen or gets damaged.

Auto insurance is an agreement between the owner of the vehicle and the insurance company which protects the owner against monetary loss in the case of an misfortune or theft. In exchange for this agreement, the owner agrees to pay the premium to the insurance company who accepts to compensate for the losses as described in the policy.

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Auto insurance is quite helpful because B. It will compensate you if your car is stolen or gets damaged.

What is auto insurance used for?

Auto insurance refers to insurance policies that are taken out on cars and other automobiles.

This ensures that should the car suffer damage, or get stolen, the owner will be compensated such that they can then get a new car.

Find out more on auto insurance at https://brainly.com/question/3225714.

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