Proof of insurance
Encyclopedia
Proof of insurance is any type of documentation that a person can provide to another individual proving that the person has valid insurance
Insurance
In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the...

 with an insurance company.

The most common form of a POI is a paper card provided by the insurance company listing policy information and effective dates.

Many states require that a person carry proof of insurance in their automobiles or on their person while driving. If a person is questioned by a law enforcement official, they must provide proof of insurance. A citation is generally issued if the person cannot provide such documentation.

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The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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