Motor insurance Motor insurance is a vehicle insurance policy that is mandatory for vehicles like trucks, cars, jeeps, bikes, scooters, etc.
Motor Insurance is refers as a agreement between policy holder and insurance company, where the motor insurance company pays a specific sum to the insured motor (vehicle) of the policyholder upon his accident and or other damage and insurance company also compensate to the third party for his damage property along with compensating for own losses as well.
Any company in the payment for specified premiums that promises to compensate for any specific motor damage or any financial loss, that we known as motor insurance.
Type of Motor Vehicle Insurance
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