Motor vehicle insurance, also called automotive insurance, a contract by which the insurer assumes the risk of any loss the owner or operator of a car may incur through damage to property or persons as the result of an accident.
There are three primary types of coverage offered by the majority of car insurance providers. They include liability, collision, and comprehensive.
Car insurance is similar to other types of insurance like life or property insurance. Car insurance comes under General Insurance which includes motor, health, marine insurance, etc. With the help of car insurance, you can buy yourself a financial shield. This shield protects you against unpredictable events which mostly require spending large sums of money.
Commercial Vehicle Insurance covers Goods Carrying Vehicles, Passenger Carrying Vehicles, Taxies, Miscellaneous class of vehicles such as Tractors, Cranes and Trailers, Trade Road Risk Policy, Trade Road Transit Policy and Trade Internal Risk Policy
Passenger Carrying UIN
Goods Carrying UIN
Miscellaneous Vehicle UIN
Types of Motor Vehicle Insurance
If you have the license plate number, the police will be able to search for the car that hit you and track down their insurance information. … If you have the license plate number and a valid reason for the request (like a hit and run situation), the DMV can provide you with insurance information for the driver.