Car Insurance Meaning

An auto insurance is a policy purchased by vehicle owners to mitigate costs associated with getting into an auto accident. For example a sports car will likely command a higher premium than a sedan and a young driver almost. Many people use the comprehensive coverage to repair or replace windshields.

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An insurance policy providing coverage for damage caused to one s car the damage the car itself causes and or its theft.

Car insurance meaning - Car insurance synonyms car insurance pronunciation car insurance translation english dictionary definition of car insurance. Comprehensive car insurance coverage and glass claims. Car insurance insurance against loss due to theft or traffic accidents automobile insurance insurance promise of reimbursement in the case of.

The amount of the premium is determined by the relative danger that the car and driver pose. Insurance for loss of or damage to cars or for injury to people travelling in cars. Do i need collision insurance.

Glass damage is usually included in comprehensive coverage on an automobile policy and would be subject to the comprehensive coverage deductible. Coverage for damage to your car caused by hitting another car or object like a tree or fence. One pays premiums to the car insurance company in exchange for this coverage.

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. Gap insurance is a type of auto insurance that car owners can purchase to protect themselves against losses that can arise when the amount of compensation received from a total loss does not fully. If you don t have it you could be on the hook for paying for repairs completely out of pocket.

A glossary of auto insurance terms can really help you understand your policy as you deal with a claim. This is an optional coverage in most states meaning you can choose to add it to your policy. It can also help you compare car insurance rates accurately as you re shopping for car.

Financial protection against loss as a result of an automobile accident or theft meaning pronunciation translations and examples. Instead of paying out of pocket for auto accidents.