Basics »
Collision Coverage
Collision Damage Waiver
Damage waiver or collision damage waiver (CDW) is additional cover that is offered when you rent a car. Such type of cover can be expensive ...
Collision Coverage
Collision coverage is an optional part of the car insurance policy that covers the driver or policyholder in case of a collision. Basically this type ...
Liability Coverage
Ballpark Risks and The Disneyland Model
The ballpark model is a type of system under which a person or resident of a particular state or country does not have to carry ...
Collateral Protection Insurance
A Collateral Protection Insurance (CPI) is protection offered to insurance providers which insures the collateral or property held for the loans forwarded. Such type of insurance is usually found in the auto insurance market or in which a vehicle is provided as collateral. CPI may ...
Gap Insurance: Is It Needed?
Gap insurance is a kind of insurance that is usually offered to people who lease rather than buy vehicles. The usual gap insurance policy gives security in cases where the motor vehicle is damaged or stolen earlier than the terms of the lease are satisfied. ...
Types Of Excess Or Deductibles
In any type of insurance an excess or a deductible is the amount that is paid by the policyholder in case an accident (or damage) occurs to the policyholder. This is also the case with auto insurance where the policyholder has to shell out a ...
Basis Of Premium Charges
The premiums in an auto insurance policy can vary according to a number of factors including age, gender, length of driving history and other factors such as locality and the make of the car. If you have taken a car loan then the amount of ...
Auto Insurance Risk Selection
Auto Insurance Risk Selection is a process by which insurance companies decide what premium to charge and whether or not to insure a particular applicant. This means that the amount of risk is calculated based on your age, gender, driving history, the type of vehicle, ...
Auto Insurance Basics
Auto insurance, also called as vehicle insurance, car insurance or motor insurance is purchased for cars and trucks. The primary aim of such insurance is to protect against the losses incurred due to an accident. Auto insurance may also cover third parties under liability protection ...
