Motor vehicle insurance is a contract by which the insurer assumes the risk of any loss the owner or operator of a car may incur through damage to property or persons as the result of an accident.
Motor insurance cover body injuries, damage to the vehicle, theft, payment of medical bills. A quality motor insurance may also temporarily replace income for an insured person who may be unable to work as a result of an injury from a fatal accident.
Protection for you and your family. Your family depend on your financial support to enjoy a decent standard of living, which is why insurance is especially important once you start a family. It means the people who matter most in your life may be protected from financial hardship if the unexpected happens.
Motor insurance is an insurance policy that covers the policyholder in case of financial losses – resulting from an accident or other damages – sustained by the insured vehicle. A comprehensive motor insurance policy covers damages to third-party and third-party property along with compensating for own losses as well.