Sampath Kumar, a Professor of Marketing at UW-Green Bay, spoke to MoneyGeek.com about car insurance. Car insurance differs from other types of coverage since it covers damage from theft and third-party accidents. Drivers should balance risk management and what is affordable to them. Professor Kumar recommends that people talk to an insurance agent to better educate themselves on car insurance policies. Also, maintain a clean driving record to keep auto insurance premiums as low as possible.