Advantages of Car Insurance • It is a fact of life that individuals who drive on Indian streets are not the most careful or respectful motorists. There are accidents each and every day which claim lives and vehicles. If you have car insurance, even the least expensive car insurance, you’ll have some kind of financial assistance when it comes to paying for the repairs to your automobile. This takes a lot of pressure off you and can perhaps permit you to really feel less stress whilst driving around your everyday business • It’s also entirely possible that you’re going to get involved in an accident with someone who doesn’t have any kind of auto insurance. They would be unable to pay for the maintenance to your vehicle which means you are stuck trying to find a way to pay for the damage. At least if you have car insurance then you’ve got the opportunity to cover those expenses this way. Key Benefits of Car Insurance • Coverage against loss or damage to the insured vehicle • Coverage against loss or damage to your vehicle caused by accident, theft, fire, explosion, self ignition, lightning, riots, strikes or act of terrorism, natural calamities • Coverage against financial liability caused by injury/death of a third party or damage to the property • Personal accident cover As Per Motor Vehicles Act 196 For Driving without Insurance Fine up to Rs 1000 or Imprisonment up to 3 months or both…
Posted on: Tue, 04 Mar 2014 06:13:42 +0000
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