Automobile Insurance is provided in case of an accident with your vehicle or if your vehicle is burned, stolen, natural disaster, etc. It is a type of insurance that guarantees damages that may occur in certain situations. Motor Insurance is often confused with Traffic Insurance, which is another auto insurance. While Comprehensive Insurance covers the damage to your vehicle, Traffic Insurance is a type of insurance that covers the damage caused to the other party within specified limits. In this respect, these two types of insurance complement each other. In addition, while Motor Insurance is optional, Traffic Insurance is a type of insurance that is required by law.