Business / Taxes / Car Insurance: Car insurance covers theft of and damage to your car or damage that your car causes, plus liability protection in case you are sued as a result of an accident. Your state may require proof of insurance before you can register your car. As a car owner, you pay premiums set by the insurance company based on the value of your car and the risk the company believes you pose. The insurance company agrees to cover your losses, subject to a deductible and the limits specified in the contract. Some states have insurance pools that allow car owners who have been turned down elsewhere to obtain coverage.
Car Noun Synonyms: (motor) vehicle, motor car, automobile, passenger car, motor, auto, jalopy, heap, pile, crate, machine, buggy, transport, wheels
Insurance Verb Synonyms: assurance, surety, indemnity, indemnification, guarantee or guaranty, warranty, bond, security, protection, cover
Business / Finance / Life Insurance: An insurance policy that pays a monetary benefit to the insured person's survivors after death. MORE
Business / Finance / Life Insurance In Force: The dollar amount of life insurance that a company has issued, measured as the sum of policy face values and dividends paid. MORE