Abraxas Financial Services 

Motor Vehicles

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Vehicle Insurance

(also known as car insurance, motor insurance, or auto insurance) Is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a vehicle. Vehicle insurance may additionally offer financial protection against theft of the vehicle, and against damage to the vehicle sustained from events other than traffic collisions, such as keying, weather or natural disasters, and damage sustained by colliding with stationary objects. The specific terms of vehicle insurance vary with legal regulations in each region.

What is Comprehensive Car Insurance?

Comprehensive Car Insurance is the most extensive form of Car Insurance and provides cover for damage caused to other parties and their property in the event that you are responsible for an accident. It also covers you for damage to your vehicle caused by accidents, fire and natural disasters, and provides cover for theft and hijacking.

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