Nowadays, auto insurance is the most demanded type of insurance in the world. The popularity of this kind of insurance associated with increasing level of the population and hence the increasing production volumes and sales of cars, in some countries a great role also has the development of auto loans which resulted in a high demand for the autos. Auto insurance is not a luxury, as some think. In some countries auto insurance is obligatory for the drivers. In case of serious harm to your car or theft it allows to get a really adequate compensation from the auto insurance company and does not stay for long without means of transportation. That is why it is important for the man to be aware of the role of having the auto vehicle insurance policy that has proved to be very beneficial in cases of losses or accident.