Types and Kinds of Car Insurance Policies

There is a lot of confusion among people when they are confronted with idea of different kinds and types of car insurance policies. To make things simple and easy to understand we have made clear distinction. They are as follows:

Private Car Insurance

This is a kind of car insurance policyy that is only applicable to private car owners. It safeguards the vehicle as well as the owner in case of accidents and even covers for third party liability.

Commercial Car Insurance

This is a kind of insurance policy that protects the business from financial losses arising out of damage or accidental loss to the fleet of vehicles. It covers the legal liabilities, property damage and injuries to any third party. The driver of the vehicle is provided cover for accidental death and permanent total disability.

Comprehensive Car Insurance

This is the type of car insurance policy that provides wholesome coverage. It pays for the loss that is incurred due to an accident involving the policy holder’s vehicle, the legal liabilities that may arise out of the accident are also covered as well as any injuries to the driver of the vehicle or the third party is also covered. Typically, comprehensive car insurance policies are purchased by owners of new vehicle.

Liability

This is the type of car insurance policy that provides wholesome coverage. It pays for the loss that is incurred due to an accident involving the policy holder’s vehicle, the legal liabilities that may arise out of the accident are also covered as well as any injuries to the driver of the vehicle or the third party is also covered. Typically, comprehensive car insurance policies are purchased by owners of new vehicle.

Now-a-days one may buy car insurance online by merely providing the same details that one provides to the insurance agent. It is easy to purchase and is also affordable. Moreover, buying car insurance online saves a lot of your precious time by curtailing your time consuming visits to the insurance provider’s retail outlet.

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