Motor Vehicle Report

Topics: Automobile, Truck, Vehicle insurance Pages: 3 (453 words) Published: August 30, 2013
“Motor Vehicle Insurance”

(also known as auto insurance, GAP insurance, car insurance, or motor insurance)

* is insurance purchased for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage and/or bodily injury resulting from traffic collisions and against liability that could also arise therefrom. The specific terms of vehicle insurance vary with legal regulations in each region. To a lesser degree vehicle insurance may additionally offer financial protection against theft of the vehicle and possibly damage to the vehicle, sustained from things other than traffic collisions.


Classes of Motor Vehicle

* Class 1: Light Vehicle - means a motor vehicle, other than a heavy vehicle. Motor vehicle - an entity comprising of one or more mechanically/electrically powered units with or without any trailer(s) physically joined by means of tow bars, tow ropes or mechanical articulation, and includes, inter alia:

(a) motorcycle - a motor vehicle that has two wheels.

(b) motor tricycle - a motor vehicle, other than a motorcycle with a side-car, which has three wheels and which is designed to be driven by means of the type of controls usually fitted to a motorcycle.

(c) light delivery vehicle (a bakkie) - means a motor vehicle designed or adapted for the conveyance of persons and freight with no heavy axle. * Class 2: Medium heavy vehicles - heavy vehicles, as defined above, with two axles. * Class 3: Large heavy vehicles - heavy vehicles, as defined above, with three or four axles. * Class 4: Extra large heavy vehicles - heavy vehicles, as defined above, with five or more axles. -------------------------------------------------

Classification of Vehicles
1. Private Vehicles – cars used...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Motor Vehicle Theft Essay
  • New Vehicle Technology Essay
  • Australian Automative Industry Marketing Report Essay
  • Chapter 34 Motor Insurance Burglary A Essay
  • Motor Vehicles Act Essay
  • CARFAX Vehicle History Report On WDDGF8 Essay
  • Essay about Offences and Punishment/Fine Under the Motor Vehicles Act, 1988
  • Tata Motors-Fiat Jv Essay

Become a StudyMode Member

Sign Up - It's Free