Car insurance Protects the policy holder against financial loss in the event of an incident involving a car they own, such as in a traffic collision.
coverage typically includes:
. Property coverage, for damage to or theft of the car
. Medical coverage for the cost of treating injuries, rehabilitation and sometimes lost wages and funeral expenses
Most countries, such as the United Kingdom require drivers to buy some but not all of these coverage's. When a car is used as collateral for a loan the lender usually requires specific coverage.
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