Automobile insurance

Automobile insurance provides safety to the motor vans, such as cars, buses, motor bikes, trucks and many other vehicles. Automobile insurance provides protection against the result of accidents and burning, or other loses. A vehicle is declared destroyed if its creative replacement is cheaper than its repair. In many countries of the world, it is must to acquire automobile insurance while driving on roads. Automobile insurance is prevailing according to the gender, age and distance. The insurance companies protect consumers from serious financial losses as a result of road accidents. Automobile is a type of insurance that cares for the policyholders against the losses connected to automobiles. The policyholders can pay money for much different treatment on their requirements, like bodily injury legal responsibility, property damage liability, physical damage coverage and medical payments. Any insurance company can state a vehicle completely destroyed. In fact, the substitute of any vehicle is so much cheaper than its revamp. The automobile insurance includes three types: the insured party, insured vehicle and third party. Specially, any car or truck can be guaranteed beside the fire damage, theft and accident damages.