What is Car Insurance - Quick Car Insurance

Car Insurance is a legal contract between you and your insurance company where you agree to pay insurance premiums and the car insurance company agrees to cover your financial loss due to an accident or any unavoidable circumstances with relation to the car insured.

Car Insurance is a legal necessity. Every state or country has its own car insurance laws. Every car owner and every car insurance company ought to follow the car insurance rules of the state.

Car Insurance can be broadly classified into three types:

• Third Party Bodily Injury and Property Cover
• Third Party Fire and Theft Cover
• Comprehensive Cover

Third Party Bodily Injury and Property Cover offers to cover the expenses for medical treatment and replacement of damaged property of the third person involved in an accident caused by you.

Third Party Fire and Theft Cover offers to cover the expenses for repairs or replacement of damages caused to your car by fire or theft.

Comprehensive Cover offers to cover the expenses to meet the damages to your car by fire, theft, collision etc and also the medical expenses for you or third party due to an accident.

There are many other types of covers also which you can include in your Car Insurance policy depending on your needs and circumstances. Also, there are various companies specializing in Car Insurance for each category of drivers and cars. So, before you go for a particular car insurance company, please make sure that it is the best one for you.