Is my money insured on Coinbase?

I'm considering using Coinbase to store and trade my cryptocurrency, but I'm wondering about the safety of my funds. Can you tell me if my money is insured on Coinbase? I've heard about other exchanges being hacked and I want to make sure my investments are protected. Is there any type of insurance or security measures in place to safeguard against potential losses? I'd appreciate any information you can provide on this matter.