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Why is Car Insurance Necessary?

Its all about why we need car insurance.

kiaramadhok
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Why is Car Insurance Necessary?

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  1. Why is Car Insurance Necessary?

  2. What is Car Insurance? Done to protect your car from unforeseen risk, car insurance is a contract between you and the insurance company. It protects you against financial loss due to accident or natural calamity by providing accident cover for the individual owners, passenger of the vehicle while driving and also for third party liability.

  3. Why is car Insurance necessary? Car insurance because your vehicle is a lot more than four tires and an engine. Here are some other benefits of Car Insurance: 1. Protecting your vehicle is necessary because driving in a world like today is a tough task, where no. of cars on road is increasing so fast and with that fear of accidents too.

  4. 2. Car Insurance is mandatory by law. Driving without a valid car insurance is illegal in India. If you are driving your car without a car insurance and unfortunately you caught by the cops then you can face serious penalties. So, it is always good to be in safe side.

  5. 3. It actually supports you financially when you met with an accident. And if you don’t have car insurance yet, buy it otherwise you may be sued and lose your all money in the course of action. It provides benefits to survivors incase an accident results in death.

  6. 4. Covers lawsuits and legal fees bought against you as the result of an accident. We can’t even imagine the world without car insurance policy.

  7. 5. Covers the repair bills due to damage caused in an accident. If you met with an accident and damage your car, the car insurance company will pay the cost of your car recovery. This is the only reason you need to cover your car with car insurance policy.

  8. 5. It also covers damage caused by theft, fire, etc. As any natural disasters or calamities happed you will be paid by the insurance company for the recovery. Car Insurance policies also allow premium discounts for theft and provides added advantage to extend coverage to other drivers driving your car.

  9. Hope the above information shared with you will be helpful for buying a new car insurance policy. If you are interested in buying general insurance, please feel free to reach us from any of the touch points mentioned below and we'll be happy to assist you. Call us Toll Free No. : 1800-209-5846 or SMS 'LTI ' to 56070 58 (56070-LT)

  10. Thank you !

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