What Is Car Insurance?

Posted on April 15th, 2008 in Uncategorized by admin

If you drive a vehicle, you need auto or car insurance. But what car insurance exactly is? Car isurance provides protection against losses incurred as a result of traffic accidents, theft or damage to your vehicle. Vehicle insurance can be seen as a legal contract between you as insured and your insurance company aka insurer, defining each party’s their rights and responsibilities in the case of an traffic accident. Car insurance services are not limited to financial compensation, but include services as alternative transport or breakdown assistance.

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