what is motor insurance /types of motor insurance
What is motor insurance
Motor insurance, which is the most common of all the known classes of insurance, is designed to protect the insured for loss of or damage to his vehicle, damage to Third Party property including bodily injury and death to Third Parties caused by accident.
Also, motor insurance is a contract between the policyholder and an insurance company that protects against financial loss due to accidents, theft, or other damages involving a motor vehicle.