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What is auto insurance?
Auto insurance protects you against financial loss if you have an accident. It is a contract between you and the insurance company. You agree to pay the premium and the insurance company agrees to pay your losses as defined in your policy.Auto insurance provides property, liability and medical coverage:Property coverage pays for damage to or theft of your car.Liability coverage pays for your legal responsibility to others for bodily injury or property damage.Medical coverage pays for ...Basic Terms and Types of Equine Insurance
Before researching equine insurance, it is important to understand some basic insurance terminology. The basic terms include:Insured: You, the individual purchasing the insurance. This can be the owner or a non-owner user of the horse. Insurer: The company providing the insurance policy and related services. Premium: The fee paid by you, the insured, to the insurer to maintain coverage. Deductible: A pre-de...Travel Insurance
People just like you travel for all kinds of different reasons, on everything from feet to planes, from a few miles to the other side of the world. And while you carefully pack your luggage or backpack, one of the most important things you can carry with with you is peace of mind. Were not just talking about the obvious things like passports, clothing and cameras, although they are import...AIG restates from 2000 to cut $2.7 bln
By Arindam Nag and Chris Sanders NEW YORK (Reuters) - American International Group Inc. said on Sunday it will restate financial reports for much of the last five years, due mainly to accounting errors that will slash about $2.7 billion from its net worth. The world's largest insurer by market value also said it had delayed the filing of its annual 10-K report for 2004 with the U.S. Securities and Exchange Commission for a third time, saying it now expects to file...Liability Insurance
Liability insurance is any insurance policy that pays expenses you may incur through accidental injury to the person or property of others. Real or alleged incidents of negligence or other irresponsible action on your part are the claims that are covered under liability insurance policies. Most people carry liability insurance as part of their automobile...
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