Car Insurance

Insurance is measure through which financial protection or compensation is provided

to an individual or organization by an insurance company. The person or

organization who gets insurance has to pay premium to get indemnification in full

or major part in event of loss. Car insurance is a sort of insurance which an

individual can take for a car. It comes under auto insurance quote. It provides

safety against destruction or loss caused due to road accidents if it seems that

buying new car will be cheaper than repairs of damaged car.Now a days we have

online car insurances.

In many countries it is essential to buy auto insurance .It is may be online car

insurance. Some countries also give punishment to individual not having insurance

and a person may be charged with penalty or may also be sent to jail. The premium

on insurance may be decided by government or the insurer according to terms and

conditions set by government. In most of cases the insurer himself decide the

amount of insurance. Many factors are kept in mind before deciding about insurance.

These factors include.

* Features of cars
* The experience of driver
* The sex of driver
* The age of driver
* The distance which the car is supposed to travel annually

In many countries the insurance is provided both to driver and owner but in most of

countries insurance is decided on degree of loss.This also one of the best

business.