Car Insurance Terms And Definitions
A form of insurance that protects against losses involving cars.
Car insurance terms and definitions - Car insurance isn t the simplest thing in the world and there are a lot of details that you should learn. Car insurance for dummies. As it is essential to purchase a valid insurance coverage for the car before rolling it down the roads every individual must have a know how of these terms.
New terms will be added to the glossary over time. The insurance covers losses to the insured s property and losses for which the insured is liable as a result of owning or operating a car. Car insurance glossary.
Learn more about car insurance glossary terms and their definitions. Terms and definitions of car insurance in uae. An anti theft device is one that you use to deter someone from stealing your car.
When you are new to the car insurance scene you might have a lot of questions. Understand the meaning of terms before you buy your car insurance policy. Other terms conditions and exclusions apply.
Terminology can often be baffling and the last thing you want is to miss something important in your policy wording. If there is any conflict between these definitions and the provisions of the applicable insurance policy the terms of the policy control. Car insurance provides protection from losses resulting from owning and operating a car or vehicle.
These definitions do not alter or modify the terms of any insurance contract. Definitions and terms explained. This page provides a glossary of insurance terms and definitions that are commonly used in the insurance business.
The definitions in this glossary are developed by the naic research and actuarial department staff based on various insurance references. These car insurance terms will help to educate you and help you to get the best deals on car insurance. A to z of car insurance.
Please read your official policy for full details about coverages. If you want to take control of your finances and save on your car insurance understanding it the best is the best thing to do. Several car insurance terms and definitions are used that correlate with the motor insurance policies claims and coverage.
It is extremely important to make sure that you have proper insurance coverage for your vehicle.
