Auto Insurance Meaning
Car insurance insurance against loss due to theft or traffic accidents automobile insurance insurance promise of reimbursement in the case of.
Auto insurance meaning. Although car insurance protects you it can pay for your loss in the even your car is crashed stolen vandalized or destroyed by fire the laws that require car insurance are designed to protect other drivers and pedestrians from you. More popularly known as motor insurance this type of insurance provides cover for loss or damage to any vehicle like car two wheeler or commercial vehicle etc. In exchange for your paying a premium the insurance company agrees to pay your losses as outlined in your policy. The premium amounts that are payable by the person securing.
Property such as damage to or theft of your. For example if you run down some poor old lady. A motor vehicle registration method that required the operator of a motor vehicle to carry a card that was stamped by each state that the vehicle was operated in. Almost everywhere laws require that drivers have car insurance.
Contractors all risks car insurance is a non standard insurance policy that provides coverage for property damage and third party injury or damage claims the two primary types of risks on. Vehicle insurance also known as car insurance motor insurance or auto insurance is insurance for cars trucks motorcycles and other road vehiclesits primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a vehicle. Auto insurance provides coverage for. Vehicle insurance may additionally offer.
Car insurance synonyms car insurance pronunciation car insurance translation english dictionary definition of car insurance. This insurance helps mitigate monetary harms due to accidents causing damage to the vehicles. Why do you have to buy auto insurance.