Motor Vehicles have had the profound impact on society. Vehicles have altered lifestyles and influenced the design of cities. Suburbs, fast food outlets and numerous leisure of convenience industries have evolved around motor vehicles. Motor vehicles and related industries for a major segment of the national economy. Unfortunately, motor vehicles motor vehicle use creates risks and hazards which have an undesirable economic impact.
Annually, motor vehicle users are involved in over 30 million accidents, which cause
about five million bodily injuries, 50,000 deaths, and substantial amount of property
damage. In addition to accidental losses, more than one million vehicles are stolen
each year. This is why automobile insurance is one of the most important multi-