Auto insurance is one of the most frequently purchased types of coverage in the United States. However, while these policies may be common, they can still be complex and nuanced. Policyholders must be diligent and meticulous to ensure they fully understand their auto coverage and have ample financial protection.

The auto insurance market is struggling with multiple challenges, resulting in sharp auto insurance premium increases for consumers. According to some estimates, the average auto insurance policy is expected to cost 8.4% more in 2023, representing the largest increase in car insurance costs in six years.