==== ==== Find Affordable Auto Insurance. 5 Minutes Could Save You Up To $400! Compare Car Insurance Rates For Free Right Now. http://ebsu.net/SaveOnCarInsurance ==== ====
What is Online Auto Insurance? Auto insurance/vehicle insurance is also known as car insurance or motor insurance. That is purchased for cars, trucks, and other vehicles. It provides protection against losses occurred due to traffic accidents and financial losses due to accidents. It is a type of contract between you and the online auto insurance company. According to this you consent to pay the premium and online auto insurance company agrees to pay all the losses which are covered under your auto insurance agreement. What does Auto Insurance Offer? Online auto insurance provides property, liability or legal and medical coverage. oProperty coverage pays money on any damage due to accident or theft of your car. oLiability coverage provides you coverage for the injuries and damages caused to other drivers and their vehicles when you are the cause of accident. oMedical coverage pays to treat injuries, rehabilitation and lost wages and funeral expenses. Coverage Levels Provided by Online Auto Insurance An online auto insurance policy consists of six different kinds of coverage. Most online auto insurance policies are of six months to a year. Online auto insurance company notifies by email when policy renewal time comes and you need to pay the premium again. oLiability Coverage oCollision Coverage oComprehensive Coverage oUninsured/ Underinsured Coverage oMedical Payments Coverage oLoan Lease Pay Off Items Covered by Online Auto Insurance Online auto insurance covers some or all the following item. oThe Insured Party oThe Insured Vehicle oThird Parties (car and people)
Different policies provide different type of auto insurance coverage under different circumstances. These circumstances are specified by the company. For example a vehicle can be protected against theft, fire damage or accident damage independently. Benefits of Auto Insurance oAuto insurance offers various benefits to policy holders. oAuto insurance pays all the medical expenses due to bodily injury of yourself and also others resulting from an accident. oAlso pay wages you lost due to accident. oProvides benefit to survivors when death occurs as an accident's result. oAlso pays for the legal fees that you have to pay because you are the cause of the accident. oAuto insurance pays repair charges for the vehicle. oAlso pays for the vehicle's repair due to damage caused by something other than an accident e.g. floods or wreckage.
Mary Solomon is a career consultant, providing focused career consultancy both online and offline, aiming to guide students to authentic and accredited online universities and colleges. She administrates websites including http://www.onlinenursingdegree.ws and http://www.vocationaldegree.net
Article Source: http://EzineArticles.com/?expert=Mary_Solomon
==== ==== Find Affordable Auto Insurance. 5 Minutes Could Save You Up To $400! Compare Car Insurance Rates For Free Right Now. http://ebsu.net/SaveOnCarInsurance ==== ====