Car Insurance
Car insurance, namely motor vehicle insurance, auto insurance for short, refers to personal injury or property damage due to natural disasters or motor vehicle accidents caused by negative liability of a commercial insurance. Car insurance is a kind of property insurance, it is accompanied by the emergence and popularity of car and continue to mature.
Currently, in addition to the national mandatory to pay high insurance vehicle owners must purchase, other motor insurance is divided into two categories. These two types of insurance contains a total of two basic types of insurance: one is the basic insurance, including loss of vehicle third party liability insurance and accident insurance, and the other is additional insurance voluntary insurance of vehicle owners, including the entire vehicle pilfer, car liability insurance, glass breakage alone insurance, spontaneous loss of insurance, special insurance and other non-deductible insurance.
Insurance basic function is to organize and implement economic compensation insurance payments, the basic functions of motor vehicle insurance also. The risks by motor vehicle insurance, motor vehicles will have businesses, families and individuals facing the consequences of their loss to disperse and shift in the whole society.
In 2009, with the rapid development of China's automobile industry, China's automobile production and sales for three consecutive years ranked first in the world by the end of becoming the second largest American world car ownership in the country.
Currently, in addition to the national mandatory to pay high insurance vehicle owners must purchase, other motor insurance is divided into two categories. These two types of insurance contains a total of two basic types of insurance: one is the basic insurance, including loss of vehicle third party liability insurance and accident insurance, and the other is additional insurance voluntary insurance of vehicle owners, including the entire vehicle pilfer, car liability insurance, glass breakage alone insurance, spontaneous loss of insurance, special insurance and other non-deductible insurance.
Insurance basic function is to organize and implement economic compensation insurance payments, the basic functions of motor vehicle insurance also. The risks by motor vehicle insurance, motor vehicles will have businesses, families and individuals facing the consequences of their loss to disperse and shift in the whole society.
In 2009, with the rapid development of China's automobile industry, China's automobile production and sales for three consecutive years ranked first in the world by the end of becoming the second largest American world car ownership in the country.
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