Car insurance
It is of paramount importance that you understand the terms of your insurance policy and you make sure each and
every time you drive either your vehicle or someone else's that you are actually insured. The Road Traffic Act,
1933 requires all drivers of mechanically propelled vehicles in public places to have at least third-party
insurance, or to have obtained exemption - generally by depositing a sum of money with the High Court as a
guarantee against claims. In response, proponents of no-fault insurance point out that automobile accidents are
inevitable and that at-fault drivers therefore should not necessarily be punished. If you are sued based on
operation of your vehicle, auto insurance also pays for the cost of your defence. Defending a lawsuit in court can
be very expensive, even if ultimately you are found not to be legally responsible for any damages. A financial
responsibility law requires you to prove your financial ability to pay for damages at the time you are involved in
an accident or are convicted of a traffic violation. The insured is also required to provide documentation to the
insurer proving that the vehicle is covered by approved cheap car insurance London and cooperate with the insurer's efforts to investigate the
claim. If the insurance company fails or refuses to pay a claim that should be paid under the terms of the
policy, it is in breach of the contract, and the insured can pursue all available legal remedies for the breach.
As the car is old, I carry only liability insurance. Shouldn't the shop have some insurance to cover this type
of damage on their premises ?
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