. For some products it would be for years and for some it would just months. Even for the normal electronic good that you purchase for the normal utilization in house will have just one year warranty. Even the refrigerator which you purchase in hundreds of dollars also will have only minimum warranty say a year and the next year you have to end in paying out of your pocket or else take a warranty for a period of 3 to 4 years with paying a minimum amount. This warranty is nothing but an insurance you are paying against the refrigerator so as to replace its parts when they are worn out.
In the same way you have to insure your car too. As each and every market that you see now in the competitive world work either to survive or to prove that they are unique they offer several promotions to the customers. The competition that the companies are having is to see who will become the biggest company in insurance field. What about the customers they always try to bargain to get the best out of the best. Even they try to find the lowest insurance premium prices or the low monthly installment payments for car insurance.
Vehicle insurance will be always a hot topic and the hottest thing that you have to pay more than any other insurance. It might not compete with life insurance. Imagine the questions you have to Life Insurance Company? In the same way you should have enough open ended questions to the car insurance company too so that you know that you are getting maximum benefits out of the premiums you are paying. Enjoy the best premium as an answer to your endless questions.