Friday 23 March 2012

The main usage of car insurance

Auto insurance refers to insurance of vehicles, including motorcycles, cars, trucks and other vehicles on the road. The main purpose of auto insurance is to compensate the owners of vehicles in case of physical damage to the car and personal injury, coming from a car accident. It also covers the cost of any liability. In many countries it is compulsory insurance, to buy the vehicle. Most insurance companies in connection with the driver and the car, but the degree varies from one country to another.

Some countries also have additional insurance, such as pay-as-you so suitable for drivers who are uninsured to use cars to drive to another owner. In many countries, this insurance covers loss of or damage to the vehicle and the purchase of new parts to replace. The insurance covers accidents to the vehicle owner and civil liability.

Today, all countries have to offer as many public and private companies, the car insurance. Made the whole process of implementation of such insurance is online. You can go through the terms of the insurance on the site, select your plan, please fill out the registration form and submit an application along with supporting documents, such as the registration number of the vehicle, vehicle, proof of home, etc.

Once you submit an application, a company representative will contact you to move the process forward. In countries like India, car dealers have tie ups with insurance companies car. So if you buy a new car, you will automatically receive insurance for one year from the dealership. The insurance premium is included in the price of the vehicle. The insurance premium on a number of factors, however, decided to increase the premium as the price of the vehicle.

Documents to be submitted to the insurance on the vehicle a copy of the registration certificate, driver's license, copy of the policy and a copy of the FIR. Different types of auto insurance is usually offered include private car insurance, two wheels of insurance and insurance for commercial vehicles. This insurance does not normally include electrical or mechanical failure, impairment, loss in a row. It does not apply if the vehicle has an accident outside the geographical area covered by insurance. Other exceptions, if you can not get car insurance for damage to vehicles during the war, climate-related risks and accidents caused by drunk drivers.

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