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Third-party vehicle insurance is a mandatory requirement in Indonesia and each individual car and motorcycle must be insured or the vehicle will not be considered legal; this compulsory auto insurance is legally called the Road Traffic Accidents Compulsory Coverage Fund (Indonesian: Dana Pertanggungan Wajib Kecelakaan Lalu Lintas Jalan, DPWKLLJ ...
Builder's risk insurance (Contractor's All Risk insurance – CAR insurance) is a type of property insurance which indemnifies against damage to buildings while they are under construction. [1] Builder's risk insurance is "coverage that protects a person's or organization's insurable interest in materials, fixtures and/or equipment being used ...
Liability insurance (also called third-party insurance) is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy.
The best car insurance company will vary for each driver as insurance rates, coverage requirements and comfort with risk will differ for each person. If you want to find the best car insurance ...
Car insurance may financially protect you if you are injured, the other party if they are injured or if you cause property damage to your car or someone else’s. Some car insurance coverage types ...
Researching third-party ratings can help you determine which company offers the best customer satisfaction and financial strength, which shows its past ability to meet monetary obligations, like ...
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