Thursday 26 September 2013

Car Insurance


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.


Car insurance

coverage typically includes:

. Property coverage, for damage to or theft of the car

. Liability coverage, for the legal responsibility
to others for bodily injury or property damage.

. 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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