Motor Vehicle Report

Topics: Automobile, Truck, Vehicle insurance Pages: 3 (453 words) Published: August 30, 2013
“Motor Vehicle Insurance”

MOTOR VEHICLE
(also known as auto insurance, GAP insurance, car insurance, or motor insurance)

* is insurance purchased for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage and/or bodily injury resulting from traffic collisions and against liability that could also arise therefrom. The specific terms of vehicle insurance vary with legal regulations in each region. To a lesser degree vehicle insurance may additionally offer financial protection against theft of the vehicle and possibly damage to the vehicle, sustained from things other than traffic collisions.

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Classes of Motor Vehicle

* Class 1: Light Vehicle - means a motor vehicle, other than a heavy vehicle. Motor vehicle - an entity comprising of one or more mechanically/electrically powered units with or without any trailer(s) physically joined by means of tow bars, tow ropes or mechanical articulation, and includes, inter alia:

(a) motorcycle - a motor vehicle that has two wheels.

(b) motor tricycle - a motor vehicle, other than a motorcycle with a side-car, which has three wheels and which is designed to be driven by means of the type of controls usually fitted to a motorcycle.

(c) light delivery vehicle (a bakkie) - means a motor vehicle designed or adapted for the conveyance of persons and freight with no heavy axle. * Class 2: Medium heavy vehicles - heavy vehicles, as defined above, with two axles. * Class 3: Large heavy vehicles - heavy vehicles, as defined above, with three or four axles. * Class 4: Extra large heavy vehicles - heavy vehicles, as defined above, with five or more axles. -------------------------------------------------

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Classification of Vehicles
1. Private Vehicles – cars used...
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