Final answer:
Car insurance is the type of insurance that covers costs if your car is stolen, damaged by weather, or vandalized; specifically, the comprehensive coverage part of car insurance handles these scenarios.
Step-by-step explanation:
The insurance that will cover the cost to your car if it is stolen, damaged by weather, or damaged by vandalism is car insurance. Health insurance is related to medical care expenses, life insurance provides for the family in the event of the insured individual's death, and home insurance covers stolen possessions or items damaged by fire in your home. Specifically, the component of car insurance that covers theft, weather damage, and vandalism is known as comprehensive coverage. This coverage is optional and goes beyond the mandatory liability insurance required to legally operate a vehicle.
For example, if you're part of a group of car owners and some suffer minor damages like door dings or chipped paint, while others experience larger accidents, comprehensive car insurance helps distribute the financial risk across all policyholders, mitigating the high costs that can come with unexpected vehicle damage.