A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

• ABI group : Each car type and model is different and hence they are prone to varied risks. A specific ranking based on the level of risk involved with your car is provided for premium calculation.


• Approved repairer : – These are repairs suggested by the insurance company.


• Aggregator : Insurance aggregators have access to a number of direct insurers and intermediaries in the market. They collate the information provided by the customer by completing one question set in order to return insurance quotes from a number of insurance providers. An aggregator understands the needs of the consumer and then presents to him a number of insurance plans from multiple insurers to help him find the right solution.


• Alarm : A device installed in a car to discourage theft is called a car alarm. Most car alarms work by making a noise whereas others send a signal to the owner whenever the car is being disturbed. Safety equipments like car alarms bring down the costs of the insurance as insurers reduce the premium amount on such cars.


• Ancillaries (optional extras) : Ancillaries are nothing but extra cover added on to a policy. This may include legal cover and breakdown cover. Some insurance companies also offer a courtesy car (like for a like car) cover in case of an accident to your car. Annual mileage and annual business mileage The more you drive the vehicle the higher is the probability of it being bumped on a road. Therefore, insurers ask customers to provide an estimate on the number of miles their vehicle is likely to cover in a year. The number of miles you cover in a year on your car is termed as annual mileage. In the same way, annual business mileage is the number of miles your cover due to your employment or business requirements.