September 8, 2006, Newsletter Issue #32: Auto Insurance: Contract between Company and Car Owner

Tip of the Week

Car insurance is a contract that an auto owner enters into with a car insurance company. The car owner pays a predetermined premium to the company; in return, the car insurance company agrees to reimburse the car owner for specific financial losses related to that auto.

The reimbursement to the car owner depends on the limits agreed upon in the auto insurance policy. Shopping online for a car insurance policy can save is fast, easy, and can save money.

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Our Learning Center contains a variety of information from Articles on auto insurance and other car topics, to the last in insurance related news headlines. We also have a Questions & Answers section to help you find answer to some of the most commonly asked questions, and we encourage you to ask your own questions as well.

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Linda Handiak