Thursday, April 18th 2024

What is Car Insurance?

Consumers purchase automobile insurance to transfer the risk of an accident to their insurance carrier. In most countries, drivers are required to have some sort of coverage in place in order to drive on their roads. Typical variables that will affect the driver's premium are:

Age of the Driver, Driving Record, Value of the Car, Size of the Deductible, Liability Protection Offered, Uninsured and Motorist Insrance.


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