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vehicle insurance (Vehicle insurance (also known as auto insurance, GAP insurance, car insurance, or motor insurance) is insurance purchased for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage and/or bodily injury resulting from traffic collisions and against liability that could also arise therefrom. WK Alexander Demidov); motor insurance (A form of insurance covering loss or damage to motor vehicles and any legal liabilities for bodily injury or damage to other people's property. Drivers have a legal obligation to be covered against third-party claims (see third-party insurance), but most drivers or owners of vehicles have a comprehensive insurance, providing wide coverage of all the risks involved in owning a motor vehicle. An intermediate cover is known as third-party, fire, and theft. See also no-claim bonus OB&M Alexander Demidov); GAP insurance (GAP Insurance is also known as Guaranteed Auto Protection or Guaranteed Asset Protection and as GAP within the North American financial industry. GAP insurance covers the difference between the actual cash value of a vehicle and the balance still owed on the financing (car loan, lease, etc.). GAP coverage is mainly used on new and used small vehicles (cars and trucks) and heavy trucks. WK Alexander Demidov); car insurance (financial protection against loss as a result of an automobile accident or theft. "ALL OVER THE MAP Is there logic behind car insurance costs? EDMONTON SUN (2003) ' Indeed, rsa is the only one who's bundling in car insurance with car loans from Sundaram Finance. BUSINESS TODAY (2001) At least being attacked by an angry mob at a CND festival probably comes under third party on your car insurance. Ben Thompson SUNSHINE ON PUTTY: THE GOLDEN AGE OF BRITISH COMEDY FROM THE BIG NIGHT OUT TO THE OFFICE (2004) I'VE become besotted with the difference in car insurance premiums. SUN, NEWS OF THE WORLD (2001) MORE women are logging on to the Internet to find car insurance. SUN, NEWS OF THE WORLD (2002) You'll have dealings with insurance firms, probably the premiums for household or car insurance. THE ADVERTISER, SUNDAY MAIL (2004) `I will have to see about the car insurance and getting a new one. Erskine, Barbara MIDNIGHT IS A LONELY PLACE. Collins Alexander Demidov); auto insurance (US) Insurance purchased by the owner of a vehicle to cover losses due to traffic accidents or theft Synonyms motor insurance, car insurance British). WT Alexander Demidov) |
