An optional type of automobile insuranceInsurance coverage that provides indemnity and/or compensation for injury or physical damage which ensues from the ownership, use or operation of an a... coverage that pays for the cost of repairing the insuredThe entity (individual or otherwise) whose risk of financial loss from an insured peril is protected by the insurance policy. vehicle if it is damaged in a collision or upset. In some parts of the country, this is referred to as “Section C.”