Automobile Insurance is one of the most leading insurance department in the world. With over millions of thousands of vehicle running out on roads in my city itself, i can see the progress of this industry particularly. One of the crucial and important thing to decide for Automobile insurance is that how much would it be enough for our cars or bike!

Don’t forget to read: Life Insurance necessity

Another point to note down here is that whoever country has more automobile sales are the countries who always have to make more money for their insurance, as these are the countries who has more accidents. There are lot of types of insurance claims explained below in the event of insurance.

  • Collision Insurance
  • Property Damage
  • Personal Injury Protection
  • Bodily Injury Liability
  • Motorcycle Insurance

If you checkout the automobile history then you will learn lot of good lessons which people might have witnessed already in all aspects of causes and safety activities at lessons of 100 years of automobile success. I would just recommend you to watch out for the following information graphics to have more insights.

How Much Automobile Insurance is enough for Year?

Source: Insurance