Car insurance

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Related to Automobile Policy: Automobile Insurance Policy

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 ?
They form part of every automobile policy and cannot be varied by the insurance company.
Of primary importance to any insured is the fact that, subject to a few exceptions, both the common law and the standard automobile policy prevent the insurer from subrogating against its own insured.
By providing electronic billing and payment options to its automobile policy holders, Premier is demonstrating its dedication to customer satisfaction," said Doug Krapcho, senior vice president of CheckFree's Biller Solutions business unit.
Motor vehicles parked on the premises that were damaged by the fire should be covered by the owners' automobile policy, Bach explains.
George said students completing the program earn a discount on the automobile policy, and the company gives them a card to purchase $15 worth of gasoline for free.
ISLAMABAD -- The Economic Coordination Committee (ECC) Wednesday constituted a committee to prepare an automobile policy within 45 days.
launched its new mobile application for personal automobile policy holders for the iPhone and Android platforms.
However, for a very small premium increase, $1 a day or less, very substantial medical coverage can be added to your automobile policy, this has remained for all of my years in practice the best bargain in coverage.
BoI to seek inclusion of motorcycles in automobile policy
However, if the household initially has contents and automobile policies, or house, and automobile policies, or all three of contents, house, and automobile policies, then the automobile policy is the most likely to be canceled.
Additional data on the details of the property being evaluated can be obtained through a CLUE add-on service called Real Property, and comprehensive data on prior automobile policy experience including specific vehicle information can be obtained through Current Carrier report, said Wilson.

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