Okuzeka
Insurance vocabulary · Motor Insurance

Car insurance

Meaning in insurance, with examples

nounCore term

In insurance, car insurance means: Insurance for a car and its driver that covers damage to other people and their property and, depending on the policy, damage to the car itself.

In Turkish: araç sigortası, kasko, trafik sigortası

How it is used

The everyday name for the biggest retail line. People in the British industry say 'motor insurance' and Americans say 'auto insurance'. In Turkey it is split into compulsory traffic insurance for third-party damage and optional kasko for your own car.

Example sentences

  1. Car insurance prices rose sharply this year because spare parts became more expensive.

  2. Is the car insurance in your name or your company's name?

Common collocations

  • car insurance policy
  • cheap car insurance
  • renew car insurance
  • car insurance quote
  • comprehensive insuranceCar insurance that pays for damage to the insured vehicle itself, for example from a collision, theft, fire or natural events.
  • third-party insuranceInsurance that pays for injury or damage you cause to other people and their property, but not for damage to your own vehicle.
  • no-claims bonusA discount on the premium given to policyholders who have not made a claim, which usually grows with each claim-free year.
  • accident reportA form describing a road accident, usually filled in and signed by the drivers involved or prepared by the police, and used to handle the claim.

More terms: Motor Insurance

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This page explains English vocabulary for learners. It is not financial advice.