Car Insurance in Our Life

Vehicle Insurance in Hungary:. Third-party vehicle insurance is mandatory for all vehicles in Hungary. No exemption is possible by money deposit. The premium covers all damage up to HUF 500M per accident without deductible. The coverage is extended to HUF 1,250M in case of personla injuries. Vehicle insurance policies from all EU-contries and some non-EU contries are valid in Hungary based on bilateral or multilateral agreements. Visitors with vehicle insurance not covered by such agreements are required to buy a monthly, renewable policy at the border.



Vehicle Insurance in Indonesia:.
Third-pary vehicle insurance is a mandatory requirement in Indonesia and each individual car and motorcycle must be insured or the vehicle will not be considered legel. Therefore a motorist cannot drive the vehicle  untill it is insured. Third Party vehicle insurance is included through a levy in the vehicle registration fee which is paid to gevernment institution that know as "Samsat." Third-Party Vehicle Insurance is regulated under Act No 34 Year 1964 Re: Road Traffic Accident Fund  and merely covers Bodily injury, and managed by a SOE named PT. Jasa Raharja.

Vehicle Insurance in India:.
Auto insurance in India deals with the insurance covers for the loss or damage caused to the automobile or its parts due to natural and man made calamities it provides accident cover for individual owners of the vehicle while driving and also for passengers and third party legal liability. There are certain general insurance companies who also offer online insurance service for the vehicle.
Auto insurance in India is a compulsory requirement for all new vehicles used whether for commercial or personal use. The insurance companies have tie-ups with leading automobile manufacturers. They offer their customers instant auto quotes. Auto premium is determined by a number of factors and the amount of premium increases with the rise in the price of the vehicle. The claims of the Auto Insurance in India can be accidental, theft claims or third party claims. Certain documents are required for claiming Auto Insurance in India, like duly signed claim form, RC copy of the vehicle, Driving License copy, FIR copy, Original estimate and policy copy.