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Terms and Conditions of Auto Insurance

Based on the high rate of accidents that occur every year, it is imperative that anyone who drives a car whether it is your car or a friend’s car should have an auto insurance policy even if it is the least of all insurance policies that apply.

An insurance covers the policyholder and in most cases it covers other people using the vehicle or the driver. But if the car has an accident that is not for the interest of the policyholder, or violates the agreement between the policyholder and the insurance company, the insurance policy will not cover the damages of that accident.

In cases where the insured vehicle is sold to another person, the new owner is covered by the third party liability Insurance and also the comprehensive vehicle insurance policy (if any) within 3 weeks after the change. or to own. If there is a new active insurance policy, all deductibles under the insurance will be paid to the new owner of the vehicle.

Auto insurance does not cover damage to vehicles owned by the company for the purpose of sale

Depending on the car insurance policy agreement between you and your insurance company, you may not need to notify them if the terms of the policy agreement have changed. The consequence of refusing to notify the insurance may be loss of indemnity and payment in case of an accident or reduction of payment and payment or failure to pay in case of payment and payment.

So to avoid the consequences mentioned above, if there is a change in the policy information inform your insurance company immediately.

You can buy the same car insurance from two different insurance companies without terminating the initial insurance of the first company but if an accident occurs, the agreement of your car insurance policy will apply, and this may mean that the two companies pay half is the cost of the accident each.

Another important thing to note about auto insurance is the deductibles that are based on the auto insurance policy agreement. Deductibles are waived only once in cases of an insurance event involving third party liability and damages under comprehensive auto insurance.

No deductible applies in situations such as:

1. Damages from a known responsible tortfeasor

2. Damages from fire, explosion, lightning or theft

3. Injuries from objects falling into the vehicle.

In addition, there is an additional deductible if there is driving damage to the car of someone other than the policyholder, or any registered user of the three vehicles under the auto insurance policy.

There are some accidents that are not covered by your car insurance policy. Under liability insurance, your auto inside policy is not covered;

1. Injury to the driver

2. Damage from the carriage of goods by road under the works of the contract

3. Damage to the attached vehicle

4. The damage that occurred during the time the car was rented unless it can be proven that the damage was the result of an event covered by the auto insurance policy

5. Damage to things belonging to the driver, policyholder, anyone who is stated in the auto insurance policy as a regular user.

The following accidents are not covered by comprehensive auto insurance:

1. Damage resulting from weather conditions

2. Damage vehicle parts during repair unless it can be proven that the damage occurred during driving or by fire

3. Damage to the electrical and mechanical parts of the vehicle, unless it can be proven that the damage occurred according to the auto insurance policy

4. Damage resulting from reckless driving ie Overheating or not changing the oil

5. Damage that occurred while the vehicle was rented

6. Damage caused by drunk driver

7. Damage caused by willful neglect of the grid

8. The vehicle is lost due to the seizure of the vehicle by law enforcement authorities

9. Damage under warranty and guarantee

10. Damage from the use of the vehicle such as damage, scratches on the body of the vehicle, etc.

The duration of the car insurance policy is based on the agreement between you and the insurance company. Most auto insurance contracts are annual and are renewed annually unless they are canceled in writing by the policyholder or insurance company with one month’s notice.

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