General Car Insurance Policy
• INSURER Insurance and Reinsurance Premium Fixed legal person who assumes the risks covered under the policy
• Mutual or policyholder. Natural or legal person who contracts with the policy.
• POLICY. Set of documents containing the terms of insurance: general, special, special supplements and subsequent contract modification.
• INSURED. Physical or legal owner of the interest covered by insurance.
• road traffic accidents. Done unexpected, violent, alien to the intention of the insured, which is produced by an act of circulation.
• FACTS OF THE MOVEMENT. Derivatives risk created by the driving of motor vehicles, both parking garages, like roads or public and private lands suitable for movement, both urban and intercity, as well as inland or land without such skills are of common use.
There shall be made of the movement:
- Derivatives of holding sports events like car circuits specifically designed for that purpose or authorized for such tests.
- Derivatives of tasks for industrial or agricultural motor vehicles specially designed for this.
- The use of a motor vehicle as a means of committing intentional crimes against persons and property.
• TOTAL LOSS. When the amount budgeted for the repair from the vehicle exceed 100% of the value of new or GANVAM as appropriate for the age of the vehicle.
• reassessed. Retail price of new state of the insured vehicle including applicable taxes for its use, except those that are tax deductible by the owner.
Acquisition value. Amount paid by the owner for the acquisition of the insured vehicle including applicable taxes for its use, except those that are tax deductible by the owner.
• VALUE GANVAM. Value that the vehicle would have on sales, statistical bulletin published by the National Association of Motor Vehicle Sellers, Repair and Parts (GANVAM) when the accident happens.
• ITEM NUMBER. Including those provided for that model of vehicle by the manufacturer without premium, and may not be without them buy in the market.
• EXTRA ACCESSORIES. Those specifically requested by the buyer of the vehicle or additionally include the series as a gift or offer.
• LUGGAGE. Objects usually involves an individual in case of travel by road, including personal items. At no time shall be considered as such for the goods, cargo and supplies for professional or commercial nature.
