Meaning Of Car Insurance
Comprehensive car insurance coverage and glass claims.
Meaning of 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. For example a 16 year old boy in a brand new sports car will pay much higher insurance premiums than a 40 year old woman in a station wagon. Your premium is the amount you pay annually for car insurance. Vehicle insurance also known as car insurance motor insurance or auto insurance is insurance for cars trucks motorcycles and other road vehicles its 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.
Understanding auto insurance the basics auto insurance is a contract between you and the insurance company that protects you against financial loss in the event of an accident or theft. A favorite way to lower car insurance premiums is to increase your deductible. An auto insurance is a policy purchased by vehicle owners to mitigate costs associated with getting into an auto accident. Every insurer s goal is to balance the amount it charges you with how likely you are to require an insurance payout.
We offer three types of car insurance prestige standard and lite so you ll buy only what you need. Your car insurance deductible is the amount you have to pay out of pocket in the event of a claim before insurance kicks in. Glass damage is usually included in comprehensive coverage on an automobile policy and would be subject to the comprehensive coverage deductible. Instead of paying out of pocket for auto accidents.
Learn how car insurance works and what types of coverage are available. Compare car insurance rates with instant car insurance quotes when you buy online. Drive with peace of mind with aviva car insurance which covers your car against loss or damage due to accident theft and flood. Insurance companies consider many factors when setting car insurance premiums.
Many people use the comprehensive coverage to repair or replace windshields. Sometimes it makes sense other times it could be a disaster waiting to happen.