Next, we need to know, who came up with this brilliant idea that has now come to be enforced within the laws of regions across the world. As with many inventions and brilliant concepts known to our mankind today; it came from the Chinese.Dating back to around 3000 B.C., these people entered agreements to safeguard the return of voyages by their ships. From here on, this type of insurance, known as marine or boat insurance presently, was to be adopted by other civilizations and peoples and evolve into what we call automobile insurance. Without a doubt, it must be known that this type of insurance came into full throttle existence after 1769, the year the first automobile was invented.

From here on, owning a motor vehicle was linked in society to as having special privileges and it was no wonder why policy makers then decided that car insurances had to be implemented to protect the drivers of these vehicles and others that may come into contact with these mobile instruments. Then in 1895, an English company perfected automobile insurance by offering coverage for bodily image and damage to one's car. This same policy came into effect in the United States three years later even though cars were not introduced until 1908.

Today, every vehicle on the road has to be insured or less one can find themselves in contempt of uploading the laws of their country. As serious motor vehicle accidents continue to be a plague, such strict regulations of car insurance have to be enforced, in order that lives can be saved and protected continually.