Motor insurance provides financial protection for vehicle owners against damages or losses incurred due to accidents, theft, or other unforeseen events involving their vehicles. It typically covers expenses related to repairs, medical bills, and liability claims resulting from accidents involving the insured vehicle. Motor insurance policies vary in coverage options and premiums depending on factors such as the type of vehicle, driving history, and coverage limits chosen by the policyholder. Having motor insurance is not only a legal requirement in many jurisdictions but also offers peace of mind to vehicle owners by safeguarding their financial interests in case of unexpected incidents on the road.