Car Insurance >> Dictionary

Listed below are general car insurance-related terminologies and their meanings. Click on the alphabet to view the list of terms starting with that letter.
 
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  • Bonus : Please refer to No Claims Bonus.

  • Broker : An insurance broker is an independent intermediary who generally sells insurance policies of different insurance companies. The consumers are required to give details of their insurance needs and based on it the broker suggests him plans from different insurers. The brokers also negotiate premiums from the insurance company which they pass it on to customers.