An auto insurance policy generally covers the driver of the vehicle in the case of any injuries during an accident, the vehicle in case of damages by fire or accidents and any other third parties involved in a motor accident by insured cars. There are various auto insurance policies provided by different companies. These policies offer varying coverage apart from the basic cover mentioned above. Many insurance companies offer these varying insurance packages as added incentives to boost their car insurance sales.

Standard car insurance policies are policies that cover every aspect of automobile insurance available. These policies vary from one insurance company to another and are also dependent on state laws. Standard auto insurance policies offer an individual complete cover in case of any mishaps involving the owner and insured vehicle. There are many differences between a standard and a basic automobile insurance policy. The main difference though is the price difference and the benefits acquired. A standard policy is usually more expensive than the basic policy which is suitable for persons with few assets and family liabilities.