| The first auto insurance policy was issued in | | | | Edit This |
| the USA. In 1898 the Travelers Insurance | | | | |
| Company has insured a auto for the first | | | | The first auto insurance policy was issued in |
| time. Now it is impossible to imagine the | | | | the USA. In 1898 the Travelers Insurance |
| auto without an insurance policy on the roads | | | | Company has insured a auto for the first |
| of any civilized country. | | | | time. Now it is impossible to imagine the |
| | | | auto without an insurance policy on the roads |
| Mr. Truman Martin became the first owner of | | | | of any civilized country. |
| the insured auto. He paid $12.25 for the auto | | | | |
| insurance. And in the case of an accident he | | | | Mr. Truman Martin became the first owner of |
| could get only $500. The price of the auto | | | | the insured auto. He paid $12.25 for the auto |
| insurance policy was rather high. However, | | | | insurance. And in the case of an accident he |
| Mr. Truman's wish to get the auto insurance | | | | could get only $500. The price of the auto |
| policy was reasonable. The thing is that it | | | | insurance policy was rather high. However, |
| was only 4000 people, who were able to buy a | | | | Mr. Truman's wish to get the auto insurance |
| auto. Horses were the main kind of transport. | | | | policy was reasonable. The thing is that it |
| They made a great danger for drivers, but | | | | was only 4000 people, who were able to buy a |
| auto insurance wasn't widespread. | | | | auto. Horses were the main kind of transport. |
| | | | They made a great danger for drivers, but |
| Situation concerning USA auto insurance | | | | auto insurance wasn't widespread. |
| changed at the 1920s, because Ford's Conveyor | | | | |
| opened. A number of the autos on the roads | | | | Situation concerning USA auto insurance |
| increased sharply and it was necessary to | | | | changed at the 1920s, because Ford's Conveyor |
| insure drivers against the emergency | | | | opened. A number of the autos on the roads |
| conditions. From this moment USA auto | | | | increased sharply and it was necessary to |
| insurance became obligatory (not only | | | | insure drivers against the emergency |
| voluntary insurance as some years ago). | | | | conditions. From this moment USA auto |
| | | | insurance became obligatory (not only |
| Strong requirement to insure autos was | | | | voluntary insurance as some years ago). |
| officially introduced in the Massachusetts | | | | |
| State in 1925. A short time later other | | | | Strong requirement to insure autos was |
| states followed this example. Idea of the | | | | officially introduced in the Massachusetts |
| auto insurance aroused keen interest among | | | | State in 1925. A short time later other |
| the population. The auto was rather luxury, | | | | states followed this example. Idea of the |
| than usual transport, and nobody wanted to | | | | auto insurance aroused keen interest among |
| sustain damage. | | | | the population. The auto was rather luxury, |
| | | | than usual transport, and nobody wanted to |
| After the example of the USA auto insurance | | | | sustain damage. |
| was introduced in European countries. Thus in | | | | |
| the fifties auto insurance became obligatory | | | | After the example of the USA auto insurance |
| in Europe too. | | | | was introduced in European countries. Thus in |
| | | | the fifties auto insurance became obligatory |
| Today most people have already known about | | | | in Europe too. |
| different kinds of that insurance, USA auto | | | | |
| insurance companies and can choose proper | | | | Today most people have already known about |
| insurance scheme. There are several hundreds | | | | different kinds of that insurance, USA auto |
| of the auto insurance companies at the auto | | | | insurance companies and can choose proper |
| insurance market. Every company offers | | | | insurance scheme. There are several hundreds |
| different scheme. And you should choose | | | | of the auto insurance companies at the auto |
| suitable insurance company and conditions. A | | | | insurance market. Every company offers |
| number of the questions usually appear | | | | different scheme. And you should choose |
| exactly at this stage. Of course most of us | | | | suitable insurance company and conditions. A |
| are not professional at the USA auto | | | | number of the questions usually appear |
| insurance sphere. That's why we decided to | | | | exactly at this stage. Of course most of us |
| dedicate several articles to the theory of | | | | are not professional at the USA auto |
| auto insurance. | | | | insurance sphere. That's why we decided to |
| | | | dedicate several articles to the theory of |
| Posted in News by Addy on Jun 17th, 2007 | | | | | auto insurance. |