Comprehensive Policy

This is the most common car insurance policy that vehicle owners have. Its coverage is also the broadest. Other than insuring liability for third-party’s bodily injury (or death) and property damage, this type of car insurance also covers damage to the insured's own vehicle. There are also other benefits (usually) included in this type of [...]

By | 2016-12-14T02:55:51+00:00 December 29th, 2008|Definition Of Car Insurance Terms|4 Comments

Act Liability Only Insurance

This is a compulsory insurance for all vehicle owners. Under this motor insurance policy, the insurer covers only death and bodily injury to third parties, including the passengers. In other words, this type of motor car insurance doesn’t cover damages to property or vehicle. It also doesn’t cover accidents that occur within private compounds. Vehicle [...]

By | 2016-12-14T02:55:51+00:00 December 24th, 2008|Definition Of Car Insurance Terms|0 Comments