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Wednesday, March 12, 2014

Vehicle Insurance Auto Insurance and Its Type

Vehicle Insurance:.
Vehicle Insurance also know as auto insurance, GAP insurance, car insurance, or motor insurance is insurance purchased for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical is to provide financial against physical damage and bodily injury resulting from traffic collisions and against liability that could also arise there from. The specific terms of vehicle insurance vary with legal regulations in each region. To a lesser degree vehicle insurance may additionally offer financial protection against theft of the vehicle and possibly damage to the vehicle sustained from things other than traffic collisions.
Public Policies:.
In many jurisdictions it is compulsory to have vehicle insurance before using or keeping a motor vehicle on public roads. Most jurisdictions relate insurance to both the car and the driver, however the degree of each varies greatly.
Several jurisdictions have experimented with a pay as you drive insurance plan which is paid through a gasoline tax. This would address issues of uninsured motorists and also charge based on the miles driven which could theoretically increase the efficiency of the insurance through streamlined collection.

Public Policies of vehicle insurance in Different country:.
Australia Vehicle insurance
Canada Vehicle Insurance
Germany Vehicle Insurance
Hungary Vehicle Insurance
Indonesia Vehicle Insurance
India Vehicle Insurance
Ireland Vehicle Insurance
NewZealand Vehicle Insurance
Norway Vehicle Insurance
South Africa Vehicle Insurance
United Arab Emirates Vehicle Insurance
United Kingdom Vehicle Insurance
United States Vehicle Insurance

3 comments:

  1. nice blog yar
    www.mixxmedia.blogspot.com

    ReplyDelete
  2. Hi, you explained the topic very well. The contents has provided meaningful information thanks for sharing info
    auto insurance

    ReplyDelete
  3. Are there some states where you don't need auto insurance to drive? I know that in my state, if you're caught without insurance, you can get hefty fines! And you'll definitely want insurance in case of an accident. http://www.plumerinsurance.com

    ReplyDelete

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