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Insurance can be taken for vehicles, which is termed as auto insurance. The insurance covers for the losses sustained due to road traffic accidents and other liabilities. Many countries have made it compulsory to take auto insurance before being used in the public roads. Usually, this insurance covers the person who takes the insurance, the vehicle involved and the third parties as well. Besides these, a no fault auto insurance can be made available to injured persons who ride in the insured vehicles without taking in to consideration the fault in the accident. The policies will contain specifications about the conditions eligible for insurance coverage like theft, fire damage and damage due to accidents.

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