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Showing posts with the label Act of God

An Act of God and Auto Insurance Coverage: What you must know about them

Car Insurance is an important factor that protects a driver from so many numbers of unknown risks. And the best way to be protected from this threat is to be insured. There are circumstances that may occur which might cause insurance companies to shy away from compensation and in this article, we will be discussing about insurance policy in relation to natural disasters referred to as an act if God. In the insurance industry, an act of God refers to an accident or events that are caused by nature and not humans in any kind. They are unavoidable, unpredictable and uncontrollable circumstances. Such events includes earthquakes, hurricanes, flood, lightening strikes, hails, wildfires which are all considered as an act of God because they happens unaware.   As weather changes negatively and disasters striking more frequently and violently on some regions in the world, most insurance companies are re-evaluating their financial liabilities and it looks like most insurers especially house...