MOTOR INSURANCE
Motor insurance, alternatively known as car or vehicle insurance, extends its protective hold to cars, trucks, motorcycles, and various roadworthy vehicles. Its primary objective is to furnish financial security, serving as a safeguard against both physical damage and bodily injuries arising from traffic collisions. Beyond collision-related scenarios, this insurance covers liability stemming from vehicular incidents.
Moreover, it extends its safeguarding influence to encompass theft, shielding owners from the financial fallout of vehicle theft. Additionally, it provides a safety net for damages incurred due to non-collision events like adverse weather conditions, natural disasters, and collisions with stationary objects. The intricacies of vehicle insurance terms align intricately with the legal landscape specific to each region, tailoring protection to the regulatory framework in place.