Car Insurance

No fault Compared to Tort Liability; Under fort liability systems for auto accidents, drivers who cause accidents can be sued for damages by injured parties under a negligence standard. For the reasons, discussed in the previous section, most drivers are required to pay at least part of the costs they impose on others. Under a …

Should Tort Liability Be Limited with No-fault Laws? Read More »

Many people fail to buy auto liability insurance voluntarily. Many other drivers are uninsured for medical expenses/loss of income that could result from an accident. To some extent, this lack of coverage might simply reflect that some people might not have the money fo pay for insurance, or that they possibly might underestimate the risk …

Is Auto Insurance Compulsory for All ? Read More »

Over 35 million auto accidents occur annually in the United States, killing more than 4000 people and producing well over $100 billion in economic loss. Personal auto insurance which protects against many losses associated with auto accidents, is the largest line of property-liability insurance term of premium volume, with year 2000 written premiums of $120 …

Overview of Auto Loss Exposures and Insurance Read More »

Hello everyone, welcome to Insurance Pedia. Today we are going to gain knowledge about car insurance, all it’s benefits and how it can help you. So without any unnecessary talking let’s get into the article. What is Car Insurance or Auto Insurance; If you have no knowledge about insurance then it is natural for you …

Car Insurance Full Details by Experts Read More »