Search results
Results from the WOW.Com Content Network
Buying a new car later on: If you plan on waiting a while before purchasing a new vehicle but frequently borrow someone else’s car, you could consider a non-owner car insurance policy. This kind ...
In insurance, the insurance policy is a contract (generally a standard form contract) between the insurer and the policyholder, which determines the claims which the insurer is legally required to pay. In exchange for an initial payment, known as the premium, the insurer promises to pay for loss caused by perils covered under the policy language.
When you sell a vehicle with no plans to replace it, you can cancel your auto insurance. However, it is usually a good idea to hold off on discontinuing coverage until the new owner takes ...
Many U.S. states impose versions of those cooling-off period laws, and offer similar laws for an additional range of transactions, such as time share purchases and health club contracts. For example, California provides cooling-off periods for many consumer transactions, including insurance purchases, car warranties, dental services, and weight ...
Vehicle insurance in the United States (also known as car insurance or auto insurance) is designed to cover the risk of financial liability or the loss of a motor vehicle that the owner may face if their vehicle is involved in a collision that results in property or physical damage. Most states require a motor vehicle owner to carry some ...
How to get non-owner car insurance. Although the legal owner of the vehicle is the only person who can insure a car, it may still be a good idea to understand your other options to ensure you ...
In insurance law, it refers to a promise by the purchaser of an insurance about the thing or person to be insured. [3] In contract law, a warranty is a contractual assurance given, typically, by a seller to a buyer, [4] for example confirming that the seller is the owner of the property being sold. [5]
Car insurance can be complicated, since a policy may contain multiple types of coverage and have rules regarding who is covered and in what cases the auto insurance covers the car or the driver.