Motor Insurance
Motor Insurance is to provide financial protection against physical damage or bodily injury resulting from traffic collisions or accidents and against liability that could also arise there from to the owner and/or driver of the vehicle.
Motor vehicle insurance, also called automotive insurance, a contract by which the insurers assumes the risk of any loss the owner or operator of a car may incur through damage to property or persons as the result of an accident or collision.
Motor third party insurance is statutory by Law.