The Travelers Insurance Company of Hartford, Connecticut, US extended coverage to the owner of an automobile, making them the first company to issue car insurance policy to an individual


Tuesday 1st February 1898

The Travelers Insurance Company of Hartford, Connecticut, US extended coverage to the owner of an automobile, making them the first company to issue car insurance policy to an individual. Dr. Truman J. Martin of Buffalo, New York, paid a premium of $11.25 for the policy that covered $5,000 to $10,000 of liability. In 1925, Massachusetts became the first state in the US to make car insurance compulsory, “requiring owners of certain motor vehicles and trailers to furnish security for their civil liabilities.” The UK government introduced a law that required every person who used a vehicle on the road to have at least third party personal injury insurance in 1930.


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