Compulsory insurance usually refers to the least amount of cover for a product you can buy from insurance companies whilst still being legal in the case of car insurance.
The key benefits of Tesco Value Car Insurance are: has a higher compulsory excess, and it is arranged and administered by Tesco Bank which is underwritten by insurers.
Yes, always.
To get your car rental excess insurance for free the following steps need to be taken. Take out car hire excess reimbursement insurance and make a claim on it.
Insurers provide a deductible in a motor insurance so that from every claim this amount is deducted irrespective of the claim quantum. In some policies this is a compulsory deductible depending on the type of car. In some cases a deductible is imposed because of adverse claim experience. In some case the insured is given an option of providing for a deductible. These deductibles are also known as excess - compulsory excess, imposed excess or voluntary excess.
CTP green slip insurance refers to compulsory third party personal injury insurance. This is required insurance to be bought when registering a car that provides coverage when the person driving the car is at fault in an accident.
Car insurance is compulsory in order to take a drive test.
if you have licence, and you have permission to driver the car, then you can drive the car,but laws change from state to state,so in some countries, insurance is compulsory to drive the car
Depends on the state. Generally if a state has compulsory auto insurance, and the car is registered/has plates/is legal to drive, you must have auto insurance for it.
The excess is what the policy holder has to pay before the insurance company starts to pay. If excess is $100 Damage is $300 the policy holder gets $200.
Insurance is compulsory wherever you may live. IT will always be recommended that you have collision insurance as accidents can occur anytime and anywhere.
Car Hire Excess Insurance rates can be compared using the service at Hire Excess, TravelSupermarket or Worldwide Insure. Martin Lewis also gives tips on saving money on this insurance on the Money Saving Expert website.