Back in the late 1890's when the first U.S. automobile insurance policy was purchased, there were barely 100 cars on the streets, nationwide. Horses and carriages traveled the roads, and the main concern then for both insurers and auto drivers was any injury those noisy new machines might do to horses.

Today a motor vehicle accident occurs every second. Auto accidents cause an injury every 14 seconds, and every 13 minutes a car accident results in a fatality. More than 31 million accidents occur per year, at an annual cost of almost $100 billion. Theft and vandalism are other major perils facing drivers, In fact, every 20 seconds another vehicle is stolen.

With more than 150 million drivers and 160 million registered vehicles on the road today, auto insurance is the most widely purchased of all property-liability insurance. Drivers buy auto insurance for economic protection against theft, vandalism, and other risks, but few are familiar with the ins and outs of their particular policy.

There are several companies offering automobile and car insurance policies.

USA / America

UK

Australia

Ireland

India

Other International