Mandatory vehicle insurance - all you wanted to know or dare to ask

There are several laws in Israel are applied to all citizens in it. As we all pay Social Security as we all learned in elementary school so everyone who owns a vehicle must by law insure car insurance mandatory. This includes any vehicle that has an engine. Anyone who owns a vehicle that meets the definition must hold firmly with compulsory insurance. If a policeman stops you and you have the insurance it is considered a criminal offense.

What is insurance required?
Compulsory insurance should cover the physical damage caused to passengers if the car accident occurred. In addition, compulsory insurance also covers physical damage caused by pedestrians injured in an accident by the insured vehicle.

How much does it cost us?
Until 2004 the insurance cost one price which the state determined he was the price set by law. Since 2004, the state removed the statements about the price and today any insurance company ensuring the compulsory insurance and other prices. Competition between companies caused the lower prices but still offers more attractive and less attractive proposals so it's important to get bids from several insurance companies.

Determined by what price?
Every insurance company which will ask you to turn information about the composition and about the drivers of the vehicle so that it can calculate the premium of the insurance charge you the money. Difference parameters are:

1) Parameters related to the driver:
• sex of the youngest driver who drives a vehicle regularly.
• age of the youngest driver who drives a vehicle regularly.
• Number of years of seniority, the youngest driver who drives a vehicle regularly.
• nights car drivers license three years.
• Claims of car drivers in the three years.
2) parameters related to vehicle:
• engine capacity.
• Is there air cushions car?