close

SMACC Gift Certificate Program

October 24, 2015    

Insurance quote auto symbolizes an arrangement by which a company or the state undertakes to provide a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a specified premium. (Google Definition) Vehicle insurance, Gap insurance, car insurance or motor insurance is the same thing in the world of insurance. According to insurance quote auto laws anyone can buy the insurance of cars, motorcycles, trucks or any other vehicle of the road.

Insurance provides the coverage of physical loss of the insured vehicle at any cost. It is the insurance quote auto policy that provides the security of the vehicle owner’s life and all types of injuries while getting the accident. Besides, the licensed driver’s life and his physical injuries also cover the insurance policy. The insurance premium is used to provide financial protection against physical loss or bodily injury resulting from the road accident while driving the vehicle. But the higher insurance policy also provides the protection against theft, burglary, damaged by fire, or any other means as from hailing, windstorm, blast…

The term i insurance quote auto is not man-made but first time it was used in UK under the Traffic Act in 1930 after the First World War when road accidents were common in Europe. In which the protection was give to the third party, the driver and the car owner and the loss of the insured vehicle. In some countries there is a strict law that the vehicle buyer cannot drive the vehicle without insurance on the road.

If the insured vehicle get an accident the insurance company will compensate the loss of vehicle physically, in case of injury the insurance company will pay the medical bill, the property damaged by the insured vehicle the loss will pay the insurance company, in case of theft, or stolen the insurance company will pay the loss, if the vehicle get an accident with the vehicle that is not insured and in such case the loss will be paid by the insurance company. Insurance company provides repair facilities to the policy holder.

The insurance company demands some documentation to purchase insurance auto quote, the vehicle owner, the vehicle, your driving record, the agent to whom you buy the policy and the driver’s record of the past five years. Keeping all these things in mind the premium is set annually or monthly. If your car is costly your premium will be high but if your vehicle is cheap the premium will be low. But it is a fact that insurance laws vary from state to state but all provide protection against the damage on road while driving the vehicle.

Some insurance companies have fixed the damaged amount as 25000 per person for bodily injury 50000 for total bodily injuries per accident and 25000 per accident for property damage. The policy buyer must keep in mind that the insurance company may cancel your policy with solid reasons within sixty days due to paying not the premium, getting insurance from fraud, reckless driving knowingly on the road to get benefits from the insurance company. Ten days notice is given before cancelling the policy due to non-payment. But 20 days are given to cancel the policy due to any other solid reason.


auto insurance quotes comparison california     auto insurance quote comparison 2014


TAGS


CATEGORIES

.