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Buy or renew motor insurance policies online. Buy car insurance policy in easy steps. Get 24x7 spot assistance cover with Bajaj Allianz Car Insurance policy.<br>https://www.bajajallianz.com/Corp/motor-insurance/car-insurance.jsp
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The first and foremost reason to have car insurance is because it is mandatory by law to have motor insurance for every vehicle plying on road. • Car insurance policies are valid for a year and needs to be renewed every year. There are two types of car insurance policies – Third party and comprehensive policy. • Another reason to buy car insurance is that you don’t need to pay from your own pocket in case of any damage. A car insurance policy covers costs for damages arising from an accident, theft, fire and any natural calamity.
Law mandates for every vehicle to have at least third party motor insurance. If someone else is injured or their vehicle is damaged as a result of your driving, then this third party needs to be compensated for it. • Third party insurance protects you against the risk of damage you might cause to others. The premium for third party insurance is fixed by the Insurance Regulatory and Development Authority of India (IrdaI). • Unlike a third party insurance which covers damage that you cause to third party, a comprehensive insurance policy offers complete coverage for both third party and own damage liability. This cover is optional.
Comprehensive car insurance policy covers damage to your own vehicle and the other party’s vehicle in case of an accident, medical expenses for the other party, you and passengers in your vehicle. • You can also opt for a cover for your car accessories like music system and air conditioner. • Therefore, it is worth spending some money to get car insurance, so that you don’t put yourself under any out-of-pocket risk if you are in the unfortunate situation of an accident or injury. • https://www.policymantra.com/blog/why-to-have-car-insurance/
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