Motor Insurance
What is Motor Insurance?
Motor insurance (also known as car insurance, vehicle insurance, or auto insurance) is a policy that provides financial protection against losses or damages to a vehicle, or injuries caused in an accident.
Benefits of Motor Insurance:
Financial Protection Against Accidents: Covers the repair or replacement costs of your vehicle if it's damaged or destroyed in an accident. If you’re at fault, it also covers third-party injuries or property damage.
Protection from Theft: In case your vehicle is stolen, comprehensive or third-party, fire, and theft insurance can cover the loss, reducing the financial burden.
Legal Liability Coverage: It provides coverage if you are legally liable for injuries or damages caused to others, including their vehicles or property, during an accident.