Auto Insurance Select Launches Quote Application on Facebook

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Auto Insurance Select Launches Quote Application on Facebook

Facebook is home to a new generation of young and not-so young people who are virtually plugged into the world, announcing every itsy-bitsy part of their lives – the mundane, the special, the trivial, and anything you can think of, to their friends – both offline and online. Networks ranging from towns, schools, causes and virtually any group you can think of have been and are being created in the Facebook platform.

Check out the Auto Insurance Quotes Tool in Facebook here...
 

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A large number of homogeneous exposure units. The vast majority of insurance policies are provided for individual members of very large classes. Automobile insurance, for example, covered about 175 million automobiles in the United States in 2004.The existence of a large number of homogeneous exposure units allows insurers to benefit from the so-called “law of large numbers,” which in effect states that as the number of exposure units increases, the actual results are increasingly likely to become close to expected results. There are exceptions to this criterion. Lloyd's of London is famous for insuring the life or health of actors, actresses and sports figures. Satellite Launch insurance covers events that are infrequent. Large commercial property policies may insure exceptional properties for which there are no ‘homogeneous’ exposure units. Despite failing on this criterion, many exposures like these are generally considered to be insurable.

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An auto insurance policy comprises six kinds of coverage. Most countries require you to buy some, but not all, of these coverages. If you're financing a car, your lender may also have requirements. Most auto policies are for six months to a year. In the United States, your insurance company should notify you by mail when it’s time to renew the policy and to pay your premium.
 
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