Car insurance policy was purchased for the car to provide financial protection against physical damage or physical injury due to accidents or liability which may be incurred as a result of the accident. It is also known as car insurance and can be bought for private cars, trucks, motor vehicles or public motorcycle. Most of the car insurance will cover treatment costs for the insured parties, physical damage to the vehicle, theft, fire and damage to the insured are insured for third party insurance. Some insurance companies also offer to pay the rental fee of the vehicle if you break down and the cost of towing the damaged vehicle to a repair facility.
Regulations about insurance
Insurance policies vary in the rule of law in different areas, but for most places, are required to insure their car before using and take it on the road because it is usually associated with a car and driver. Car insurance is the most well known are: compulsory third party insurance which mainly includes injuries and personal responsibility, with it is also a comprehensive cover includes damage to persons, property, or other vehicles, as well as your own parties and third parties. insurance that seeks to recover damages on property or other vehicles, but not yours. In addition, there are other car insurance companies car insurance, like that especially for private car and commercial car insurance, namely to the truck.
The variance in insurance policies
Typically, for most car insurance policies there are flexible contributions paid each time the car is repaired and costs that were charged to the insurance policy and is called the excess and payment is made directly to the accident repair time the owner of the car collecting. One advantage of such a contribution is mandatory where excess minimum payment is paid to the insurance company and the voluntary excess is the amount of extra on top of the compulsory excess paid if claims filed over the policy.