Buying an automobile solves all the major issues related to public transportation. Driving with your family and friends in your vehicle creates cherishable memories. It also makes daily commutation easier. As a responsible driver, you want to keep the four-wheeler in good condition, follow road rules, and practice good driving etiquette. These are all essential practices for a smooth and stress-free journey.
Besides these precautions, the Government of India mandates having Car Insurance. You get compensated for unexpected contingencies like accidents, breakdowns, natural disasters, etc. It helps fulfil your liabilities towards third parties affected by such incidents. You also get your own-damage protection when you opt for a Comprehensive Plan. If you upgrade to the same during Car Insurance renewal, you get the following coverages:
Based on the Motor Vehicles Act guidelines, this is the minimum coverage requirement. It handles the repair costs or damages replacement expenses when your vehicle is involved in an accident. However, the coverage mainly relates to the repercussions affecting the third party. As a result, you compensate for the legal expenses of inflicting damage to others. It is an essential coverage under Car Insurance Policy for ensuring road safety.
Besides the third party, even you face the wrath of the accident or calamity as an owner-driver. Hence, this cover focuses on your safety. As the name suggests, it compensates for personal injury expenses. Regardless of the person at fault, you receive compensation if you get injured during the mishap affecting your vehicle. Hence, it is advisable to include this coverage while buying Car Insurance online.
Your four-wheeler repair expenses are a part of coverage when you opt for a Comprehensive Car Policy. But the charges sometimes exceed the vehicle’s current market value. This is where Collision Cover comes in handy. Here, the Insurance company pays the car’s market value based on its age.
The claim settlement goes both ways when two vehicles meet with an accident. Your Four-Wheeler Insurance settles the liabilities for the affected party, and that party’s Insurance does the same for you. But sometimes, the coverage is not sufficient to fix your damages. In such cases, an Uninsured Motorist coverage is required. Insurers pay an additional amount to overcome the damage under the cover.
Imagine a scenario where your automobile breaks down in the middle of nowhere. It is hard to reach the garage and get the repairs done immediately. Such cases require you to move the vehicle to a service centre. A Roadside Assistance Cover assists with towing. You should subscribe to this add-on cover if you frequently travel on abandoned roads.