Vocabulary for car owners to understand motor car insurance policies and terms better

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