Title: All About Purchasing Car Insurance Online
1All About Purchasing Car Insurance Online
2- A coverage for losses that may be incurred if
your car is damaged or stolen - In order to get this protection, you are required
to pay a specific amount of premium - This amount is determined by the Insured Declared
Value of your car
3Benefits
- Covers against loss to the damaged vehicle
- Personal accident coverage
- Covers against damage of vehicle due to theft,
accident, fire, strike, natural calamities and
other reasons - Covers against financial liability caused by
damage to third party or injury/death of third
party
4Types of Car Insurance Policies
5Third Party
- Any injury caused to third party or damage to
property of third party by you is called as third
party coverage - It does not include coverage for you or your car.
This cover is mandatory under the Motor Vehicles
Act of India
6Comprehensive
- This is an extensive coverage which includes
third party car insurance as well as personal
accident cover, and theft or damage of car - This is a flexible cover which can be extended
with add-ons such as engine protector,
accessories cover, etc
7Check For
- Reputed car insurance company
- Broad coverage
- Provider ratings
- Customer reviews
- Hidden charges
8Buy
- Buy car insurance online as it is simple and easy
- All you need to do is fill in the details and
submit the form - It requires lesser documentation
- It is also much more reasonable than purchasing
it from a physical outlet
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