Auto and Motor Vehicle insurance provides financial coverage in the event of an accident, theft, vandalism or collision involving a motor vehicle. Policies typically provide property, liability and medical coverage. Property coverage pays for damage to or theft of a vehicle. Liability coverage takes care of the policyholder’s legal responsibility to others for bodily injury or property damage. Medical coverage pays for the cost of rehabilitation, treating injuries and in some cases lost wages and funeral expenses. Auto and RV insurance covers cars, RVs, motorcycles, all-terrain vehicles (ATVs) and watercraft.