The risks covered by private insurers are under an insurance contract uniform. The text of the cheap no deposit car insurance contract designated by an acronym and must be approved.
In its most common form, the owners of motor vehicles, the policy contains two parts, namely: Section A – Liability and Section B – Damage caused by the insured vehicle. The protection afforded by Section A is compulsory. Every owner of a motor vehicle traveling must hold a liability insurance contract which is guaranteed at least 50,000 $. The protection of Chapter B is not mandatory but it is nevertheless chosen by the majority of vehicle owners. Guarantees provided under section B are as follows: all risks, collision, accident without collision or upset and specified perils. Each benefit is defined as follows:
This warranty of car policy covers property damage caused to others arising from the liability of the insured. The damage to the insured vehicle, resulting in a collision for which no liability is imputed to the insured and is subject to the Direct Compensation Agreement, is compensated under this warranty. These accidents, which are almost all damages covered by this warranty, are accidents “non-responsible” and are compensated under the Direct Compensation Agreement. Finally, this warranty covers liability in case of injury or damage caused outside the country.
This warranty in cheap no deposit car insurance covers all damage to the insured vehicle, except those specifically excluded in the policy. In fact, it mainly covers damage.
This warranty automobile policy covers damage to the insured vehicle resulting from a collision and for which responsibility is attributed to the insured. The hit and run is also covered under this warranty, since it implies a collision. Accidents are compensated under this warranty accidents are called “responsible.”
Without collision or accident payment
This warranty covers all damage to the insured vehicle that does not result from a collision or a payment except those specifically excluded in the policy. Damage covered under this warranty include, among others, fire, theft, vandalism and glass breakage. It should be noted that the occurrence of these events do not assume any liability of the insured.
This warranty is similar to that of all risk or collision, except that it only covers the risks specified in the policy. For example, malicious acts are not covered by this warranty.
Originally posted 2013-04-07 15:17:29.