Motor insurance, also known as auto insurance or car insurance, is a type of insurance policy that provides financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a vehicle. It typically covers both the insured party and other drivers or passengers.

The cost of motor insurance can vary based on factors such as the type of coverage, the insured's driving history, the type of vehicle, the geographical location, and more. It's important for individuals to understand their insurance needs and choose coverage that provides adequate protection for their specific situation.

In many countries, having motor insurance is a legal requirement to drive a vehicle on public roads. The specific requirements and regulations vary by location, so it's essential to be familiar with the laws in your area.

Here are some key components of motor insurance:

1. Liability Coverage

2. Collision Coveragen 

3. Comprehensive Coverage

4. Medical Payments Coverage (MedPay)

5. Uninsured/Underinsured Motorist Coverage

6. Personal Injury Protection (PIP)