Friday, September 21, 2007

car insurance

car insurance

Car insurance is the automobile insurance which is purchased by consumers (mostly) for their personal four-wheeler vehicles to ensure protection against losses caused due to traffic accidents, theft, fire damage, and other factors.

it is mandatory rule in most of the countries of the world

The insurance premium can be mandated either by the government or by the insurance company (in accordance to government regulations). The premium can vary depending on diverse factors which could affect the expected price of future claims, including:
• nature of usage of the car

• nature of the selected coverage


• vehicle features/ characteristics

• nature of the selected coverage

• profile of the driver (like age, gender, driving history, etc.)

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