Business Studies, asked by chatterjeemahuli, 17 days ago

i want to know the advantages and disadvantages of motor vehicle insurance



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Answers

Answered by koushalyasihag6
3

  advantages of vehicle insurance -- :

Provides benefits to survivors when an accident results in death. It covers lawsuits, including legal fees brought against you as the result of an accident. Covers the bills of vehicle repairs due to damage caused in an accident. Covers damage caused by other than an accident for example, theft, fire, etc.

disadvantages of vehicle insurance

The coverage is not enough to cover more serious accidents. ...

Drivers won't be able to fix their cars after a collision. ...

Drivers can remain without their cars after a claim. ...

Bad customer service. ...

High deductibles.

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