Car Insurance or motor insurance covers for losses that you might incur if your car gets damaged or stolen.
Insurance is the equitable transfer of the risk of a loss, from one entity to another in exchange for payment. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss.
What is car insurance?
How prepared are you to bear damages to your beloved car where damages could range from a broken taillight to total loss?
Although it is mandatory to have only third-party liability cover , it does not cover you for damages to your own car. However, comprehensive car insurance can offset the incurred damage costs to a great extent..
In addition to comprehensive policies, there are add-on covers , availing which could have your car almost completely covered. They cover a variety of things like loss of keys, damage to electrical and non electrical parts, total damage and even return to invoice cover, the list goes on. One can buy these add on packages along with comprehensive vehicle insurance to avail a wider cover.
Insurance is the equitable transfer of the risk of a loss, from one entity to another in exchange for payment. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss.
What is car insurance?
How prepared are you to bear damages to your beloved car where damages could range from a broken taillight to total loss?
Although it is mandatory to have only third-party liability cover , it does not cover you for damages to your own car. However, comprehensive car insurance can offset the incurred damage costs to a great extent..
In addition to comprehensive policies, there are add-on covers , availing which could have your car almost completely covered. They cover a variety of things like loss of keys, damage to electrical and non electrical parts, total damage and even return to invoice cover, the list goes on. One can buy these add on packages along with comprehensive vehicle insurance to avail a wider cover.
Consider these points to get the maximum from your car
insurance:
- Key Benefits of Car Insurance
- Why is it necessary to compare car insurance policies?
- What is Covered?
- What is not covered in Car Insurance?
- Eligibility/Documentation Required for Car Insurance
- Get Discounts, Save Money, Buy Smart
- Compare and Choose best Plans:
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