Motor Road Transport For Commercial Purposes
(Liquid Fuel, Steam, Electricity)

142 MOTOR ROAD TRANSPORT If a policy does not include unlimited indemnity in this respect, it is essential that the limiting figure should be at least a high one, and the policy should be comprehensive. In continuation of the concrete example of an up-to-date policy, the third party section, together with prices showing what was the approximate cost of such Insurance in July, 1920, is given below. (1) (ø) Unlimited indemnity for the motor owner’s legal liabilities will be paid in respect of claims by the public for injury to anyone not in the assured’s service who is injured by the insured motor vehicle ; and (b) Up to £10,000 each accident, in respect of claims by the public for damage caused by the use of the insured motor to property and injury to animals other than property or animals connected with the assured. (2) The above (æ) and (b) include the periods of loading or unloading the insured motor vehicle. (3) Law costs of any claimant and all law costs, charges, and expenses incurred with the written con- sent of the Corporation or company in defending the assured in respect of any third party claim are covered. (4) All legal expenses of defending the assured or his paid driver at police court proceedings in connection with any accident covered under the policy, will be met. It is, of course, possible to insure against accident only, or fire only, or third party only, but in the long run the policy which includes all three risks will be found to give the best return. Third party risks at least should be covered in every case. Most policies carry a bonus of about 10 per cent, off a renewal premium, if no claim has been made by the assured during the preceding twelve months.