Usually means: Protection against vehicle-related financial loss.
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We found 4 dictionaries that define the word auto insurance:

General (3 matching dictionaries)
  1. auto-insurance: Wordnik
  2. auto-insurance, auto insurance: Wiktionary
  3. Auto insurance: Wikipedia, the Free Encyclopedia

Business (1 matching dictionary)
  1. Auto Insurance: Investopedia

Definitions from Wiktionary (auto insurance)

noun:  (US) Insurance purchased by the owner of a vehicle to cover losses due to traffic accidents or theft: car insurance.

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