The ABCs Of Auto Insurance
By Barry Allen
Insurance is how we defend ourselves against unforeseen calamities. Today there exist many kinds of insurance policies including: life insurance, health insurance, home insurance, appliance protection insurance, and disaster insurance.
Insurance is therefore coverage offered by insurance company to an individual or organization in return for premiums paid. In the case of Auto Insurance, insurance companies cover your vehicle or group of vehicles against breakdowns and accidents. The policy offered to insure a vehicle depends on:
o Type of vehicle, make, cost, and age.
o Individual history and habits.
o Viable statistics.