251 car insurance tips
Dev Raga Personal Finance
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What Is Car Insurance?
When you buy any insurance, you're paying a premium and asking the insurer to take on the risk. This is very similar in the investing world called a port option. You pay a premium and if something bad happens to your car, you then use that insurance option to fix the car. Of course, the insurer assumes you won't claim anything and keep paying the premiums. In fact, this is how they make money. They pull your risk along with others and then ensure more money comes into the insurance rather than payouts,. which is the money outflow. Now there are four main types of car insurance. Number one, CTP, which is compulsory third party insurance. Number two,
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