Dictionary (text version) Products & Services  |  News   |  Support           About  |  Contacts
WWW.ITLOCUS.COM

Art Investing

Prices
Free Services
Getting Started
Traders Chat
Forums
Glossary
Download
Site map




 Glossary   >   M   >   "Motor insurance" Definition   

        Motor insurance

The insurance of motor vehicles covering damage or loss and liabilities for injuries to other people and damage to property.Drivers in the UK have to insure against third party claims. Under this type of insurance, if it is proven that the insured is the cause of an accident, the insurance company will only pay for injury or repairs for damage to the property of the third party.A variant of this is third party fire and theft insurance which is basically third party insurance plus additional cover if the insured"s vehicle is damaged by fire or if stolen.For a higher premium, comprehensive insurance gives additional cover to the insured including damage to his/her vehicle, personal effects and overseas travel etc.

Motor insurance


Glossary   

Dictionary Search (powered by Google)
Google
WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM


Translate a web page (powered by Google)
     to


Dictionary

Paulmann

Паулманн

Дизайн

Базы данных

Дневник

bruck

wofi

sische

bankamp

grossmann

rzb

metal-lux

lussole

Copyright © 2004 itlocus.com. All rights reserved         Privacy Policy   
sische

Motor insurance - The insurance of motor vehicles covering damage or loss and liabilities for injuries to other people and damage to property.Drivers in the UK have to insure against third party claims. Under this type of insurance, if it is proven that the insured is the cause of an accident, the insurance company will only pay for injury or repairs for damage to the property of the third party.A variant of this is third party fire and theft insurance which is basically third party insurance plus additional cover if the insured"s vehicle is damaged by fire or if stolen.For a higher premium, comprehensive insurance gives additional cover to the insured including damage to his/her vehicle, personal effects and overseas travel etc.


Motor insurance : the insurance of motor vehicles covering damage or loss and liabilities for injuries to other people and damage to property.drivers in the uk have to insure against third party claims. under this type of insurance, if it is proven that the insured is the cause of an accident, the insurance company will only pay for injury or repairs for damage to the property of the third party.a variant of this is third party fire and theft insurance which is basically third party insurance plus additional cover if the insured"s vehicle is damaged by fire or if stolen.for a higher premium, comprehensive insurance gives additional cover to the insured including damage to his/her vehicle, personal effects and overseas travel etc.