The following list of terms are commonly used in the field of car insurance. Being familiar with them will help you understand your minimum lawful requirements when it comes to taking out your annual personal auto insurance policy if you are based in the US. The definitions also relate to auto insurance in general across [...]
Posts Tagged ‘Property Damage Liability’
Auto Insurance
November 16th, 2009
admin Auto insurance can make all of the difference in the world in the unfortunate event of an accident. Not only does it cover property damage, but auto insurance offers other protections as well.For example, liability coverage will cover damage you cause to other vehicles in an accident, and it can also cover others’ medical expenses.The [...]
Auto Insurance Definitions Simplified
November 8th, 2009
admin Auto insurance terms can be confusing, to say the least. Below are auto insurance definitions in layman’s terms.Anti-Theft Device – Anything on your auto that reduces the chance that it will be stolen or that makes it easier to find if it is stolen. Examples include:* Car alarms* Keyless entry systems* Starter disablers* Vehicle identification [...]
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