Auto Insurances - a broad concept and includes car insurance (Casco), civil liability insurance for the vehicle owner for damage caused to third parties, as well as life and health insurance driver and passenger car accidents.
If your car is insured against all possible risks that may cause damage to or loss of the car body, it is called a complete hull. They include traffic accidents, fire, theft, falling heavy objects, illegal actions of third parties, natural disasters.
Another important concept of car insurance is compulsory civil liability insurance of vehicle owners (OSAGO), supervision of which is extremely important for insurance supervisory authorities, given the large number of policyholders, are widely distributed both geographically and from a sociological point of view. This usually leads to a large number of disputes between customers of insurance companies and insurance companies. For most people, insurance OSAGO will be the first in their life insurance contract entered into with a private insurance company.
Mandatory third party liability insurance means that the conditions of insurance policies must be effective oversight. This is to ensure that, wherever possible to protect policyholders of unfair treatment to them by insurance companies.
The car is insured for a certain amount (the sum insured), which is the equivalent market value of the car or its parts. Within this amount, the insurance company makes payments under the real damage. Based on selected risk conditions overnight car storage, the number and length of service of drivers who drive a car, etc., is calculated insurance rates. Insurance cost is determined by multiplying the premium rate and the sum insured.
The most expensive component of the risk of an accident after a hijacking. If the machine sleeps in the garage or parking, protected by anti-theft systems, the fare will be less. The cost of the remaining risk is very low, and save them does not make sense, but they may come in handy.
For mutual interests in the insurance deductible is used. This is the amount of damage that does not pay the insurance company, therefore, it should be paid by car owners. It is measured, or in money, or as a percentage of the amount of damage. For the UK - is an opportunity to "education" of the client disciplinary methods. People more carefully refers to the insured property when it is financially responsible. Besides, so cut off small payments, which occur more frequently than larger ones.
For the motorist deductible reduces the cost of insurance. More educated clients themselves can calculate yourself the best franchise based on the estimated cost of various auto parts, which are often damaged (bumper, fenders, doors). Happens to the "zero deductible" when any damage is refundable in full. But we should not rejoice in it: it is possible that the cost of insurance will increase substantially, or in the policy will be spelled out in small type, in which the unlikely event there is no deductible.
Another thing to consider when choosing the conditions of insurance is the point of paying insurance, with or without wear. If given, it is worth to be ready to pay the difference in the depreciation of the damaged parts of their own pockets. If you choose the item "excluding depreciation, the cost of insurance will be expensive.
Also there is this kind of car insurance as a voluntary insurance of civil liability - DSAGO. Voluntary insurance of civil liability is not less important than your car insurance because the insurance indemnity for this risk can be a real alternative to criminal prosecution. Third party lawsuit, accidentally injured in an accident, sometimes contain financial claims in the tens or even hundreds of thousands of dollars, and legal proceedings and litigation stretching over several years. Thrust plaintiffs are seeking to satisfy their claims, and defendants must spend considerable time, effort and money for his defense.
If your car is insured against all possible risks that may cause damage to or loss of the car body, it is called a complete hull. They include traffic accidents, fire, theft, falling heavy objects, illegal actions of third parties, natural disasters.
Another important concept of car insurance is compulsory civil liability insurance of vehicle owners (OSAGO), supervision of which is extremely important for insurance supervisory authorities, given the large number of policyholders, are widely distributed both geographically and from a sociological point of view. This usually leads to a large number of disputes between customers of insurance companies and insurance companies. For most people, insurance OSAGO will be the first in their life insurance contract entered into with a private insurance company.
Mandatory third party liability insurance means that the conditions of insurance policies must be effective oversight. This is to ensure that, wherever possible to protect policyholders of unfair treatment to them by insurance companies.
The car is insured for a certain amount (the sum insured), which is the equivalent market value of the car or its parts. Within this amount, the insurance company makes payments under the real damage. Based on selected risk conditions overnight car storage, the number and length of service of drivers who drive a car, etc., is calculated insurance rates. Insurance cost is determined by multiplying the premium rate and the sum insured.
The most expensive component of the risk of an accident after a hijacking. If the machine sleeps in the garage or parking, protected by anti-theft systems, the fare will be less. The cost of the remaining risk is very low, and save them does not make sense, but they may come in handy.
For mutual interests in the insurance deductible is used. This is the amount of damage that does not pay the insurance company, therefore, it should be paid by car owners. It is measured, or in money, or as a percentage of the amount of damage. For the UK - is an opportunity to "education" of the client disciplinary methods. People more carefully refers to the insured property when it is financially responsible. Besides, so cut off small payments, which occur more frequently than larger ones.
For the motorist deductible reduces the cost of insurance. More educated clients themselves can calculate yourself the best franchise based on the estimated cost of various auto parts, which are often damaged (bumper, fenders, doors). Happens to the "zero deductible" when any damage is refundable in full. But we should not rejoice in it: it is possible that the cost of insurance will increase substantially, or in the policy will be spelled out in small type, in which the unlikely event there is no deductible.
Another thing to consider when choosing the conditions of insurance is the point of paying insurance, with or without wear. If given, it is worth to be ready to pay the difference in the depreciation of the damaged parts of their own pockets. If you choose the item "excluding depreciation, the cost of insurance will be expensive.
Also there is this kind of car insurance as a voluntary insurance of civil liability - DSAGO. Voluntary insurance of civil liability is not less important than your car insurance because the insurance indemnity for this risk can be a real alternative to criminal prosecution. Third party lawsuit, accidentally injured in an accident, sometimes contain financial claims in the tens or even hundreds of thousands of dollars, and legal proceedings and litigation stretching over several years. Thrust plaintiffs are seeking to satisfy their claims, and defendants must spend considerable time, effort and money for his defense.
This is very interesting, beneficial and the educational process for those people who wants to learn about insurance and saving money. Thank you Very much for sharing this one.
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