By Ailse Hahn. Types of car. Published at Wednesday, March 27th, 2019 - 19:43:18 PM.
Collision Coverage: This cover damage to your car if ever you hit other vehicles or your car is hit by other car. The coverage limits to the term and condition that is in your policy.
There are 4 common types of car insurance packages and these are: (1) the fully comprehensive auto insurance type (2) third party fire and theft type (3) third party insurance type and lastly (4) the specialized auto insurance type.
There are many insurance companies all over the world. If ever you want to buy auto insurance be sure to get it from a reputable company that is known and reliable. If you find other company that is expensive and the price is out of your budget try to ask your friend if they know of a car insurance that have lower price.
Some clauses and downside that you have to consider with this type is in the third party clause which states the one has to be in a vehicular accident with another car and one is at fault. This excludes the event that you run over a tree or crash into a wall and if you are involved in an accident that is not your fault.
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