Automobile Insurance Plan

Automobile Insurance Plan,

Automobile Insurance Plan:

Automobile Insurance Plan refers to One of the many types of market-sharing mechanisms by which individuals who cannot obtain such insurance in the voluntary market are nominated for specific companies, usually at prices higher than the voluntary market. The first assignment is known as a threat. Auto reinsurance services, compare outstanding market.

Literal Meanings of Automobile Insurance Plan


Meanings of Automobile:
  1. A typical vehicle, usually four-wheeled, is powered by an internal combustion engine or electric car and is capable of carrying very few people.

Synonyms of Automobile

automobile, motor, machine


Meanings of Insurance:
  1. An exercise or arrangement under which a company or government agency guarantees compensation for a particular loss, injury, illness or death in return for payment of a premium.

  2. Something to protect against possible emergencies.

Synonyms of Insurance

indemnity, indemnification, protection, financial protection, security, surety, cover, defence, safeguard, safety measure, shelter, precaution, provision, preventive measure, immunity


Synonyms of Plan

scheme, plan of action, idea, master plan, game plan, proposal, proposition, ploy, suggestion, project, programme, system, method, procedure, strategy, stratagem, formula, recipe, scenario, arrangement, schedule, agenda, intention, aim, intent, objective, object, goal