Car Insurance: Insurance Companies

An insurance company, insurance company or insurer is a company dedicated to providing security services through insurance contracts. The security service is to hedge certain financial risks to certain economic units of production, consumption, use, etc..car insurance companies car insurance: service companies segurosEste born by the need to protect certain property from future risk, random and unknown. As a purely security service, not just about see it as an economic activity, but rather it is also an activity that meets, or must comply-with a technical, legal and moral to ensure an end.In terms of safety, the concept of risk is used to define any insured property and the possible occurrence, at random, any event that may result in financial need and whose existence prevents and guaranteed by the insurance policy. There is also a need between the different kinds of risks, at least must be present at least two of them are:

    * Speculative Risk: difficulties and dangers faced by the entrepreneur to profit devoted to their business.
    * Pure risk: refers to the possibility of occurrence of the event.The insurance company, as stated above, must compensate financially harm. This compensation could be done by two means: the public and private sectors.

    * Public or called 'Social Security': The mandatory system covering the states or governments and are directed to the welfare and protection of its citizens, both directly and indirectly workers to their families or assimilated. The premium, fee or bond to cover these contingencies is provided (according to different scales) for workers and businesses together, in the case of employees, and only by the workers, they should be autonomous.
    * Private or so-called 'private insurance': They are private companies hired by the insured with full power to choose the insurance cover, they clearly depend on the objects to be protected. The premium, fee or bonus is paid wholly and exclusively by the insurance applicant. Examples: car insurance or car insurance, safe harvest, transport insurance, among others.