Motor Insurance
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Title: Motor Insurance

Essay Details:

Subject: Business
Author: Violet E
Date: April 24, 2016
Level: University
Grade: A
Length: 35 / 10403

Essay text:

After 1850 road transportation started to develop, the number of cars increased, they also diversified, as a consequence motor insurance was no longer a type of insurance for accidents but became a new type of insurance as such. Also the total amount of insurance premium in the case of motor insurance was already higher than the total amount of insurance premiums cashed in for all other type of accidents. After the First World War road transportation developed due to the new stimulating trend in the economy and development of the car manufacturing industry. A consequence was the increase in the number of accidents...

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