Car insurance is a policy that is signed between two parties, the policyholder and the insurer to cover the losses that one might incur due to damages done to the car.
Car Insurance. Car insurance is a type of insurance policy that efficiently takes care of expenses arising from unfortunate events, such as.
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Motor Insurance is also known as vehicle insurance, it is purchased for cars, trucks, bikes, etc. It provides coverage against theft, physical damage, etc to the vehicle that are caused due to the man made or natural calamities.
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Car insurance is basically a contract between a customer and an insurance company. The insurance provider agrees to pay the customer for the losses defined in the policy, in exchange for the premium that the customer pays.
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What is it? Car insurance is essentially a policy purchased by the car owner to mitigate costs incurred due to an accident that damages the vehicle or to protect against car.