Joke Collection Website - Mood Talk - How about Asia-Pacific auto insurance?
How about Asia-Pacific auto insurance?
There are many kinds of auto insurance, including compulsory insurance, car damage insurance, third party liability insurance, vehicle personnel liability insurance, excluding deductible, burglary insurance, scratch insurance, spontaneous combustion insurance, glass insurance, water insurance, no-fault liability insurance, fall liability insurance and equipment loss insurance.
The origin of automobile insurance
The earliest automobile insurance in the world appeared in the United States in 1898. American Traveler Insurance Company Limited 1898 insured Truman Martin in Buffalo, new york for the first time. Martin is very worried that his car will be hit by a horse. There are only more than 4,000 cars in the United States, but the number of horses has reached 20 million. Carriage is still the main means of transportation.
100 years later, there were 220 million cars in the United States, and the number of horses was reduced to 2 million. Car insurance, which was regarded as a novelty more than a century ago, has now become a common thing.
The first motor vehicle insurance policy was issued by the British "statutory accident insurance company" at 1895. Automobile third-party liability insurance policies with insurance premiums ranging from 10 to 100 can be insured with higher insurance premiums.
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