What is a Car Insurance?
Car insurance, also known as vehicle insurance, is an insurance purchased for cars and vehicles that operate on the road. Car insurance policy companies cover you and your passengers in the event of an accident. However, it is up to you to decide the level of coverage you want to get.
In most countries around the world, including Canada or U.S., drivers and vehicle owners are legally required to purchase certain types of auto insurance coverage. These include personal injury liability coverage and property damage liability coverage. With these kinds of coverage, the insurer agrees to make payments for any medical and car repair bills, in the event that you are held responsible for injuring other people and damaging their cars. You can also buy collision coverage and personal injury protection coverage on top of that.
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Wednesday 30 October 2013
Auto or Car Insurance
What is a Car Insurance?
Car insurance, also known as vehicle insurance, is an insurance purchased for cars and vehicles that operate on the road. Car insurance policy companies cover you and your passengers in the event of an accident. However, it is up to you to decide the level of coverage you want to get.
In most countries around the world, including Canada or U.S., drivers and vehicle owners are legally required to purchase certain types of auto insurance coverage. These include personal injury liability coverage and property damage liability coverage. With these kinds of coverage, the insurer agrees to make payments for any medical and car repair bills, in the event that you are held responsible for injuring other people and damaging their cars. You can also buy collision coverage and personal injury protection coverage on top of that.
Car insurance, also known as vehicle insurance, is an insurance purchased for cars and vehicles that operate on the road. Car insurance policy companies cover you and your passengers in the event of an accident. However, it is up to you to decide the level of coverage you want to get.
In most countries around the world, including Canada or U.S., drivers and vehicle owners are legally required to purchase certain types of auto insurance coverage. These include personal injury liability coverage and property damage liability coverage. With these kinds of coverage, the insurer agrees to make payments for any medical and car repair bills, in the event that you are held responsible for injuring other people and damaging their cars. You can also buy collision coverage and personal injury protection coverage on top of that.
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