Car insurance is an insurance contract covering the risks created by driving cars in case of causing an accident.
There is a basic form, whose recruitment is mandatory for all vehicle owners called for it compulsory motor insurance liability covering the owner and driver of the vehicle in the case they are not the same person for damages and injuries caused to third parties. It also includes legal expenses up to certain limits. This mode is regulated in detail by state regulations.
Along with this basic mode can hire other volunteers ons: what is called voluntary liability insurance, which covers possible compensation from third parties beyond the amounts covered by compulsory insurance; insurance occupants, the same as above but specifically for vehicle occupants; own insurance or all risk insurance damages, for damages that may suffer the insured vehicle itself; insurance moons, for damages to the moons of the vehicle itself, is a subspecies of the former; The driver accident insurance, which is insurance on the life of the driver himself, since it is not covered by compulsory insurance; the legal expenses insurance as it is not covered by compulsory; travel assistance, etc.
There is also the variant "duty" used mainly in car insurance all risk that instead of paying the entire incident, it only from an amount that bears the insured.
Why buy insurance for the car?
In addition to the SOAT it is important to have insurance that covers the vehicle and its owner or driver, for having insurance is the easiest way to protect your assets.
Basic Amparo includes: Tort Liability, Damage caused to people, damages to things. legal assistance in criminal and civil proceedings.
A partial loss of car insurance are damage caused by an accident or malicious acts of third parties or disappearance of parts or damage resulting from theft when: spare parts + labor + taxes do not exceed 75 %.
A total loss is damage if over 75%.
In Mexico car insurance, it is indeed a contract, which covers risks (accidents) in which a vehicle can be involved regardless of whether this is being driven or parked.
No basic types, called hedges and their characteristics are:
Liability Coverage: This coverage only covers damage or injury caused by the vehicle which is secured to third parties either on their property or persons, are excluded vehicle theft and damage.
Limited coverage: This coverage covers damage or injury caused by the vehicle which is secured to third parties either on their property or persons and is also covered vehicle theft in this coverage are not covered insured vehicle damage.
Comprehensive coverage: This coverage covers damage or injury caused by the vehicle which is secured to third parties either on their property or persons is protected vehicle theft and damage are covered insured vehicle.
In all cases the legal expenses cover is covered.
In each including legal defense coverage it is specified the amount by which the insurance company will respond.
It has other coverage that each person chooses as the above if you need them or not, these are:
Adaptations or conversions
Accident driver
Roadside assistance
