Car Insurance By Consumers' Guarantee Insurance - The Leading Motor Insurance Company In Barbados

TOPIC - ACCIDENT & CAR INSURANCE

• Why Need Car Insurance • History• Facts and Figures - Statistics • Types of Motor Insurance• Exclusions

Why Need Car Insurance

• We need car insurance that pays out if your vehicle is damaged or stolen.

• Or if you hit someone on the sidewalk, and cripple someone for life? Someone who needs to spend more money on care than you earn in 10 years? Is that fair to them that you can not pay their bills? THAT is why you need insurance.

History of Motor Insurance

• Car Insurance is one of the most important portfolios of insurance industry

• Its is worthwhile to know that the toll taken by road accidents is no less than the toll of a major natural or a man made catastrophe (like 9/11)

• Post World War-1: Increase number of vehicles and road accidents

Facts and Figures

• As on 22nd June 2013 14:30 hrs, the number of road traffic accident fatalities worldwide since 1st Jan 2013 alone is 638,278 (Source: http://www.worldometers.info/)

• Accidents are more rampant in places that are densely populated, where the probability increases drastically.For instance,the island of Barbados was ranked sixth in the world in terms of having the most densely networked roadways with 62.6 vehicles per kilometre of roads, according to the Economist Intelligence Unit.

Types of Car Insurance

Online Solution

Whenever and wherever you are faced with a problem or you have a query, help is available just at the push of a button. Be it your office or from the comfort of your home, all you need to do is just log on to http://www.insurecgi.com/ through your computer, tablet or mobile phone ! And the solution is presented to you in a jiffy !