Motor

There are 3 standard things that are covered in a motor insurance policy. You can find the details below:

Property: When your car is damaged or stolen.
Liability: Your legal responsibility to others for property damage, bodily injury or death
Medical: The cost of injury treatment and rehabilitation.

Ultimately, subject to underwriting, you can pick your own types of coverage. Below is a brief breakdown and comparison of the elements of each types of cover:

Furthermore, extension coverages that can be found in all types of policies can be found below:

• Bail Bonds
• Loss of life, dismemberment and total permanent disability for driver and members in the vehicle from personal accidents
• Medical expenses

Please note that while there is coverage, the limit may not exceed what is stated in the policy.

Moreover, a Compulsory Motor Insurance is also enforced in addition to the motor insurance, provides coverage for injuries of loss of life from persons in the vehicle as well as third parties.

• Coverage Limit: The cost will reflect the coverage you select; the more extensive products, the higher the risk for insurers and therefore the more expensive the premium.
• The Vehicle: Insuring a more expensive car will be more expensive than a cheaper car. The model and year of car can also influence the price.
• Claims History: A car that has had many claims can see their premiums spike up.