motor insurance

motor insurance
Insurance purchased by the owner of a vehicle to cover losses due to traffic accidents or theft

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  • insurance — Guarding against property loss or damage making payments in the form of premiums to an insurance company, which pays an agreed upon sum to the insured in the event of loss. Bloomberg Financial Dictionary * * * insurance in‧sur‧ance [ɪnˈʆʊərəns ǁ… …   Financial and business terms

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  • insurance — A legal contract in which an insurer promises to pay a specified amount to another party, the insured, if a particular event (known as the peril), happens and the insured suffers a financial loss as a result. The insured s part of the contract is …   Big dictionary of business and management

  • Motor Industry Research Association — MIRA Ltd (formerly the Motor Industry Research Association) Formation 1946 Legal status Not for profit company Purpose/focus Providing world class engineering services to global automotive and transport industries Location Watling Str …   Wikipedia

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