Are the words 'insulation' and 'isolation' come to mean the same? Please explain.

As adjectives the difference between isolated and isolated is that insulated is protected from heat, cold, noise etc, by being surrounded with an insulating material while isolated is placed or standing apart or alone; in isolation. When we insulate something we put some material or abstract substance around it to separate it from other things; whereas to isolate it we simply move it away from other things.