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A car (or automobile) is a wheeled motor vehicle used for transportation.Most definitions of car say they run primarily on roads, seat one to eight people, have four tires, and mainly transport people rather than goods. Cars came into global use during the 20th century, and developed economies depend on them. The year 1886 is regarded as the birth year of the modern car.
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As Business Tech notes, there are some exceptions. drivers with an immediate small lump sum payment to cover their basic expenses following the accident.
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Loss cost also includes administrative expenses associated with investigating and adjusting claims. It is, therefore, the actual cost required to cover a claim.
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Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier or underwriter.A person or entity who buys insurance is known as an insured or as a.
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If you and your spouse jointly own and operate an unincorporated business and share in the profits and losses, you are partners in a partnership, whether or not you have a formal partnership agreement.
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