Answer:
The answer is automobile insurance.
Explanation:
Automobile insurance consists of a policy that is acquired by a person who has a car to mitigate the different costs associated when there is an auto accident. Thus, the person acquires annual premiums with an auto insurance company.
The company is in charge of paying the most costs that are related to an auto accident. Auto insurance premiums are different according to factors such as gender, age, or the number of years regarding driving experience. In most states, all people who have a car must get basic auto insurance. However, many people acquire additional insurance to have better protection.
