- A plan which a motorist can purchase for his vehicle which will offset the repair costs of a vehicle which has been involved in an accident. Some plans are offered by a government agency while others are run by independent agencies. All plans offer the basic coverage of property damage and public liability. Others offer extra benefits which cover glass damage, theft, vandalism, etc.
Dictionary of automotive terms. 2015.
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automobile insurance — ➔ insurance * * * automobile insurance UK US noun [U] US ► TRANSPORT, INSURANCE CAR INSURANCE(Cf. ↑car insurance) … Financial and business terms
automobile insurance — noun insurance against loss due to theft or traffic accidents • Syn: ↑car insurance • Hypernyms: ↑insurance • Hyponyms: ↑no fault insurance, ↑no fault automobile insurance * * * noun … Useful english dictionary
automobile insurance — insurance covering loss or damages arising from the operation or ownership of an automobile. * * * … Universalium
automobile insurance — A generic term inclusive of the several kinds of contracts and policies which affords protection against risks involving the ownership and operation of automobiles, such as collision, fire, flood, theft, transportation, and, perhaps most… … Ballentine's law dictionary
Kyobo Automobile Insurance — Co, Ltd. (hangul:교보자동차보험) is a South Korean insurance company. headquartered in Seoul, Korea. established in 2001. The automobile insurance group division of the company controls a large portion of the South Korean calling card market under the… … Wikipedia
Kyowon Nara Automobile Insurance — Co, Ltd. (hangul:교원나라자동차보험) is a South Korean insurance company. headquartered in Seoul, Korea. established in 2002. The automobile insurance group division of the company controls a large portion of the South Korean calling card market under the … Wikipedia
Maryland Automobile Insurance Fund — (MAIF) was created in 1972 by the Maryland General Assembly as a residual market mechanism with the goal of providing automobile insurance to individuals who may not have qualified for automobile insurance in the private market. In 2006 MAIF was… … Wikipedia
no fault automobile insurance — noun a system of automobile insurance where a party who is injured in an automobile accident recovers damages up to a specific amount against his own insurance company regardless of who was responsible for the accident the amount of litigation… … Useful english dictionary
insurance — in·sur·ance /in shu̇r əns, in ˌshu̇r / n 1: the action, process, or means of insuring or the state of being insured usu. against loss or damage by a contingent event (as death, fire, accident, or sickness) 2 a: the business of insuring persons or … Law dictionary
insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… … Universalium