What is Car Insurance or Auto Insurance? A Simple Explanation for Kids and Beginners

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The video addresses the topics below:
- What is Car Insurance / Auto Insurance / Motor Insurance
- Are there different types of car insurance (Comprehensive, Collision, Liability)
- Who should have auto insurance
- What should be the car insurance amount
- How can you buy auto insurance / vehicle insurance
- What is the cost of car insurance
- Is there a way to reduce the cost of your car insurance
- Do you need car insurance even if you rent a car

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Credits:

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The information presented in the video and the description is for educational purpose only. The presenter(s) / speaker(s) / Easy Peasy Finance are not financial advisors, and do not provide investment advise. Please consult a qualified financial advisor before making any investment decision.