Car insurance is a mandate for all drivers and forms the essential part of the paper work that is required to be maintained if one owns a vehicle, big or small.
Typical car insurance ensures claims are provided in case of damaged cars or a loss incurred if the vehicle is involved in an accident and against any liabilities that are incurred in an accident that might result in injuries to the passengers. Typical auto insurance takes care of the vehicle insured, the party who got insured along with the vehicle and any third parties that might be travelling during the time when the damage occurred. This all however, is subjected to the type of car insurance plan that is put into place.
In almost all of the cases new vehicles or any vehicle purchased are automatically insured by the owners at the time of purchase, automatically here meaning that insurance is considered a part of the formalities to be completed when one purchases a vehicle.
With competition in all the sectors, insurance sector inclusive; vehicle insurance has taken an interesting turn. There are some companies which are wooing vehicle owners by offering them cheap car insurance at a lesser premium if they prove to be better and safer drivers.
This has been hailed as a just method by many on the grounds that the chances of an accident occurring- if a vehicle is in the hands of a responsible and capable driver- are quite less than in the hands of someone who can be proven as a “reckless” driver if one would actually observe the driving of such an individual.
It was during the course of this strategy bring worked upon that it was observed-on the basis of statistics- that women drive more carefully and better ; overall proving to be better drivers than men.