Car insurance

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Car Insurance

An insurance policy providing coverage for damage caused to one's car, the damage the car itself causes, and/or its theft. One pays premiums to the car insurance company in exchange for this coverage. The amount of the premium is determined by the relative danger that the car and driver pose. For example, a sports car will likely command a higher premium than a sedan, and a young driver almost always pay more than an older driver. All U.S. states require drivers to have some form of car insurance.

Car insurance.

Car insurance covers theft of and damage to your car or damage that your car causes, plus liability protection in case you are sued as a result of an accident. Your state may require proof of insurance before you can register your car.

As a car owner, you pay premiums set by the insurance company based on the value of your car and the risk the company believes you pose. The insurance company agrees to cover your losses, subject to a deductible and the limits specified in the contract.

Some states have insurance pools that allow car owners who have been turned down elsewhere to obtain coverage.

References in periodicals archive ?
The company attributed the drop to weaker-than-expected sales of automobile insurance policies.
The plan means banks would remain barred from selling such products as health and automobile insurance policies until the spring of 2007.
For some insurers, particularly public ones with a large portfolio of automobile insurance policies, savings of this magnitude can have a material impact on earnings and, therefore, stock prices and market capitalizations.
Its principal operating subsidiaries are AssuranceAmerica Managing General Agency, LLC ("MGA"), which markets the company's insurance products through over 2,000 participating independent agencies, AssuranceAmerica Insurance Company ("Carrier"), and TrustWay Insurance Agencies, LLC ("Agency"), which primarily sells personal automobile insurance policies through its 48 retail agencies,
Furthermore, Chubb has introduced a 10-percent credit in the state for customers who buy both homeowners and automobile insurance policies from Chubb.
Nichido sold 87 automobile insurance policies through 65 sales agents between May 8 and 10 despite a sales ban slapped on the company by the FSA, the financial industry watchdog.
Its principal operating subsidiaries are TrustWay Insurance Agencies, LLC ("Agency"), which sells personal automobile insurance policies through its 50 retail agencies, AssuranceAmerica Managing General Agency, LLC ("MGA"), and AssuranceAmerica Insurance Company ("Carrier").
Customers should check their automobile insurance policies for rental vehicle coverage.
is a distributor and producer of personal non-standard automobile insurance policies to individual consumers in highly targeted geographic markets.
Insurers who saw rises in premium revenue attributed the gains to insurance products better tailored to customer needs, such as automobile insurance policies reflecting customers' ages and mileage on their cars.
The CSAA Inter-Insurance Bureau, established in 1914, is the largest underwriter of personal automobile insurance policies in Northern California.
Its principal operating subsidiaries are TrustWay Insurance Agencies, LLC ("Agency"), which sells personal automobile insurance policies through its 50 retail agencies, AssuranceAmerica Managing General Agency LLC ("MGA"), which markets the company's insurance products through over 1,800 participating independent agencies, and AssuranceAmerica Insurance Company ("Carrier").

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