22 facts.com

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
You are here: Home » I » Insurance

Insurance Facts

Equitable transfer of the risk of a loss, from one entity to another in exchange for payment

  • The first known Car insurance policy was written in the UK in 1895.
  • Travelers is known to write the first liability car insurance policy in 1897.
  • 15% of husbands and 28% of wives in America have no life insurance.
  • Married drivers average fewer accidents than the rest of the population. This is why married often receive lower premiums than single.
  • Drivers under 25 years are prone to make more accidents than over 25. Hence, drivers aged below 25 years pay higher insurance premia, sometimes near to 3 times than drivers over 25 years of age.
  • All 50 American states require drivers to carry car insurance.
  • On average, an American driver will have an accident claim once in 17.9 years.
  • It is a myth that the color of the car influences insurance premia.
  • Michigan, Louisiana, Kentucky, West Virginia and Mississippi are the American states where auto insurance is the most expensive.
  • Massachusetts, North Carolina, Hawaii, Alaska and Oregon are the top lest expensive auto insurance states in America.
  • ING Life Insurance Romania holds a Guinness World Record for issuing the largest insurance policy ever made. The policy is also the largest legal document ever made.
  • Singer Mariah Carey insured her legs for $1 billion!
  • David Beckham's legs are insured at $35 million each.
  • Rocker David Lee Roth had his sperm insured for a million dollars protecting him from any paternity suits that would be filed.
  • Hull Insurance is the ocean marine insurance that covers for physical damage to a Ship.
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z


Comments





Contact Us | Privacy Policy
© 2011-2016 All rights reserved.