Automobile, Boat, and Aircraft Insurance(redirected from Automobile, Boat and Aircraft Insurance)
Automobile, Boat, and Aircraft Insurance
An insurance policy providing coverage for damage caused to one's automobile, private boat, airplane or helicopter, as well as the damage the vehicle itself causes and/or its theft. One pays premiums to the insurance company in exchange for this coverage. The amount of the premium is determined by the relative danger that the car and driver pose.