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April 6, 2004
Car InsuranceCar insurance is an absolute necessity for anyone who drives a car. Even ignoring the fact that some types of car insurance are mandated by law, coverage is essential: the potential costs surrounding an accident — whether they be repair/replacement costs of the cars or other property, or medical costs of the victims — are simply too huge to run the risk of being without adequate coverage.
Car insurance policies can be divided into two distinct categories: third-party liability and first-party insurance. In car insurance terminology, the owner of the policy is the …
