AUTO INSURANCE: Don’t Get One Until You’ve Considered These Factors
Your legal obligations as car owner
A lot of insurance policies for vehicles may require a liability on the part of the car owner in case an accident arises or another incident happens. It may be a percentage of the total cost for the repair of the damages that the vehicle incurred.
It is important to have the Memorandum-of-Agreement or more popularly called MOA be read by your lawyer to make sure of the legality of the coverage.
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