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Car insurance is a necessity and not a luxury.Many people have little or no idea about insurance requirements required by them. The car insurance should cover few basic requirements to be considered valid. The most primal coverages include personal injury protection, liability coverage, medical expenses, death benefits , property damage liability, uninsured or under insured motorist coverage and collision coverage. Each country has different requirements suitable to this coverage. If the buyer understands these coverages it could drastically bring down the insurance cost.Car insurance can vary in cost it comes both cheap and expensive depending on how much you want the insurance company to cover your debts in case of an accident or property damage, so before buying any insurance do a thorough research to avail maximum benefits without shelling out much of your money.All car insurance has a premium, which the customer has to pay who has subscribed for the insurance. Premiums are higher for men than car premiums for women. Similarly teenagers are also considered in the high risk factor and will have to pay high premiums. The premiums for teenagers can be reduced if the person takes a defensive driving course to receive a driving permit. Car insurance is also different from other insurance like life insurance etc. which you can buy as per your needs and will cover only your needs.There are various types of insurance under car insurance:Collision insurance – this insurance covers the part of repairing or vehicle or the cash value of the car just before the accident.Comprehensive car insurance – this covers the cost of repairing in case the car meets with an accident but not a collision Liability car insurance – this covers the damage caused during an accident or accident due to negligence. But this does not imply damage to other cars during an accident but of property.Whatever the car insurance you might be having it is best to have a health insurance as this is the best way to secure yourself.
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