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Car insurance is a contract between you and your insurance company wherein the insurance company will cover you against financial losses occurring because of damages to the car. It is only applicable in situations where the damage has been caused either due to an accident, a natural calamity or any liability that could result because of an accident or theft.
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The most important point to look for when choosing car insurance is what all it covers in case of an accident or damage. A regular car insurance policy, known as the Comprehensive Cover, includes the ‘third-party liability’ cover and an ‘own damage’ cover.
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It’s mandatory to have car insurance in India. Without a valid policy you could face fines up to Rs. 4,000 and possible jail time up to 6 months! It’s alarming that, despite this, a study in 2017 showed that 60% of all vehicles in India were uninsured. Cost is probably one of the reasons for this – people skip on renewing their plans to save a few thousands rupees.
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Buying a used cars can feel risky and overwhelming. Knowing the do’s and dont’s of buying a used cars can make the process a bit easier and can also help you make a well-informed purchase.
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You may be in need of borrowing a car from your friend or a family member for a special occasion and for a purpose. In such cases, you may consider one day car insurance coverage to insure the car and protect you from liabilities in case of an accident
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A car insurance plan is a yearly insurance plan that is supposed to be renewed periodically. It can be easy to save hundreds of dollars every year on your auto insurance. Here are the top tips to save & improve your vehicle's insurance coverage. Save money on car insurance without any burden.
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Have you ever wondered how the premium on your car insurance policy is calculated? Here are some factors that influence the premium of the car insurance policy.
It’s always beneficial if you calculate your car’s depreciated value. This gives you the knowledge to negotiate with your insurer for the most favorable premium amount thus saving you the burden of paying hefty premiums.
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Term insurance is the simplest and oldest form of assurance and provides for payment of the sum assured on death, provided death occurs within the policy tenure or term.
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Is insurance a blessing or disguise? Is it an investment to safeguard or just contributions in a black hole? Some of you would have experienced reality, and others would still be carrying the burden of doubts.
Knowing about the real value behind any quite policy like car insurance is hard for a layperson to grasp. In contrast to an investment plan that has clear price proposition that you just get specific amount of cash reciprocally when a definite amount of your time however that's not the case of car insurance policy. Usually car insurance Dubai plan is often looked as if it would be a price. You will truly perceive the worth after you build a claim.
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The incident of car theft is also higher in these cities. So, if your car is registered in Zone A cities you have to pay higher premiums for your car insurance online cover.
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