Buying a new vehicle is exciting, as it is your prized possession. You will always choose the best one for you as per the brand you prefer, color, and the configuration of its accessories. Many people also have an emotional connection with their vehicle. Even a single scratch is a reason for grief for them. Bigger damage can mean not just emotional hurt but also financial loss for a car owner. This can be avoided or reduced greatly by using motor insurance.
Vehicle insurance covers your vehicle against financial losses you might face if there is any physical damage to your car. You only need to pay a certain amount to the insurance company as a premium for purchasing this insurance cover. Determine your tip using the online . In India, every vehicle that runs on Indian roads must be covered under an active insurance policy.
There are different types of vehicle insurance in India:
Car insurance covers the damages and theft to your car in case of physical harm, theft, and accidents. The protection offered is in the form of financial cover
that the insurance company provides to your car while buying an insurance policy. This insurance cover protects the third party, that is, anyone from the insurer. Third-party insurance is mandatory in India, according to the law. It is also good to be protected in the best possible way. Hence, purchase to cover your car completely.
Most of the deaths recorded in case of road accidents are bike riders. Two-wheelers are observed to be more prone to accidents when compared to four-wheelers. If you want to be assured that your bike is protected against all damages caused by accidents and natural calamities, get your two-wheeler insured. Two-wheeler insurance policies fall under the general insurance category. A company provides insurance coverage for a vehicle in exchange for a certain premium.
3. Commercial vehicle insurance
Maintain your vehicle in a roadworthy condition. Make sure to keep all the insurance-related documents with you. Do not forget to always keep your driver’s license with you when you drive any vehicle, whether a car or bike. If someone else is driving your vehicle, ensure they have a driving license. Never drink and drive because insurers won’t pay you a single penny if there is an accident. If a third party gets injured in an accident, immediately take them to the hospital.