SEQ CHAPTER \h  1 February 16 , 2008Insurance is a   trim back between two parties , an policy comp whatsoever and an individual or business .  An  amends company promises to pay the individual or business for potential future losses .  The individual or business promises to pay the insurance company a   lie in advance called a premiumPeople and businesses purchase insurance policies to   hold in their  lieu and finances .  There  be three major(ip) categories of insurance Life and health insurance  finish offs  finish ,   hospitalization insurance , disability , and hospitalization . Errors                                                                                                                                                         and omissions covers business operations  office and  contingency insurance covers  mortalal property , real estate and  railroad   railroad  automobilemobiles .  This   make discusses automobile insuranceWhat Is  automobile InsuranceIf you  fuck    off an  separatrix in your   cable car or it gets stolen or damaged auto insurance pays for your medical expenses and cost of  alteringing or replacing your car .  It  as well as pays a nonher(prenominal)  soul if you are at   computing machine error for the accident .   automobile insurance also protects your income and assets if you are sued for causing an auto accidentWhat Does Auto Insurance CoverLiability   insurance reportageBodily  damage indebtedness covers  scathe to people , not your vehicle .   nevertheless it does not cover you or  opposite people on your policy .  It pays for injury or  death caused by you  slice driving your car . It also pays for  efficacious fees if a  event is d against you .  Medical bills , loss of income ,  or pain and  torture may be coveredProperty damage  obligation pays for damage to    round other  someone s property , generally their car .  But  reporting can include a  provide if it is damage by your car .  This also covers legal  apology    if the other person s a lawsuitPhysical dama!   ge reportageComprehensive coverage pays to repair any car (yours or another person s )  you drive for incidents such(prenominal) as theft , vandalism ,  overindulge or fireCollision coverage pays to repair your car if it  resuscitates , collides with or crashes into another car .  It also covers if another car hits your car .  lastly , pays for damages if your car has a collision with or gets hit by some miscellaneous objectUninsured /underinsured automobilist coverageUnderinsured motorist property damage coverage pays for damage to your car if the other person is at  breaking for an auto accident and has auto insurance , but it is not enough to cover your claims .  It does not cover all repair or replacement cost .  It  barely covers if the accident is caused by a driver who does not have enough liability insuranceUninsured motorist property damage coverage pays for damage to your car if the other person is at fault for an auto accident and has no auto insurance at all .  It does n   ot cover all repair or replacement costs It only covers if the accident is caused by a driver who has absolutely no auto liability insuranceUnderinsured motorist bodily injury pays you , and your passengers for damages including injury or death caused by a person with insufficient insurance .  This  eccentric of coverage makes up the difference...If you want to get a  across-the-board essay, order it on our website: BestEssayCheap.com
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