Car Insurance Protects You Against The Unexpected On The Roads
If you have a car, it is vital to take insurance on it because of the rising number of accidents on the road. Without it you do not have adequate protection to cover yourself, fellow passengers and others on the road against disasters like accident, natural calamity and breakdowns which can strike at any moment while you are travelling.
How Does Car Insurance Protect You?
What if there was a sudden accident. Even if it resulted in a minor bump, you would still have to pay a lot for repair work. With insurance, money from the policy can be used to cover for this expense. This is just one of the many ways in which car insurance proves to be useful and there are many more. It gives compensation for the following:
Damage to the vehicle due to fire or accident
Injury to yourself which results in treatment at hospital. In case of loss of life or permanent disability it, a lump sum is given
Pays for third party liability in the event of injury to third party or damage to their vehicle
There are also many roadside assistance benefits that can be availed to cover for problems like car breakdown, towing to the nearest garage, need for emergency fuel, reviving lost car keys, etc. They save you from having to pay for such expenses when they suddenly arise. Car insurance also has many add-ons such as:
Coverage for Depreciation Payment is made for full value of the part that has to be replaced due to accident
Payment for Medical expenses Payment is made for medical expenses arising from injury to you and fellow passengers, up to a certain amount
Coverage for Invoice Price In the event of total loss of vehicle due to accident or theft, this cover compensates for insured value of car, along with road tax, registration and insurance
Personal accident coverage for passengers In case of loss of life or permanent disability to fellow passengers, this cover provides compensation up to a certain amount
Payment for Hospital cash A certain amount is provided for dally cash needs at the hospital. This amount will be given for a maximum period of one month in the event of hospitalization.
Car insurance has to be renewed every year and the coverage opted is applicable only for a 12 month period.
Getting car insurance online
The price of car insurance largely depends on the coverage you opt. A basic policy will not cost much. However if you opt for additional benefits and add-ons, the cost will rise. You can find out cost of car insurance before taking it up, using a car insurance calculator. Input information into the calculators fields to find out the cost of insurance based on the coverage you want. After getting the amount, proceed to fill an online application form and submit it to the site. Your policy documents will be sent by email or post. Use the policy number to make payments every month and gain the benefits offered by car insurance.
How Does Car Insurance Protect You?
What if there was a sudden accident. Even if it resulted in a minor bump, you would still have to pay a lot for repair work. With insurance, money from the policy can be used to cover for this expense. This is just one of the many ways in which car insurance proves to be useful and there are many more. It gives compensation for the following:
Damage to the vehicle due to fire or accident
Injury to yourself which results in treatment at hospital. In case of loss of life or permanent disability it, a lump sum is given
Pays for third party liability in the event of injury to third party or damage to their vehicle
There are also many roadside assistance benefits that can be availed to cover for problems like car breakdown, towing to the nearest garage, need for emergency fuel, reviving lost car keys, etc. They save you from having to pay for such expenses when they suddenly arise. Car insurance also has many add-ons such as:
Coverage for Depreciation Payment is made for full value of the part that has to be replaced due to accident
Payment for Medical expenses Payment is made for medical expenses arising from injury to you and fellow passengers, up to a certain amount
Coverage for Invoice Price In the event of total loss of vehicle due to accident or theft, this cover compensates for insured value of car, along with road tax, registration and insurance
Personal accident coverage for passengers In case of loss of life or permanent disability to fellow passengers, this cover provides compensation up to a certain amount
Payment for Hospital cash A certain amount is provided for dally cash needs at the hospital. This amount will be given for a maximum period of one month in the event of hospitalization.
Car insurance has to be renewed every year and the coverage opted is applicable only for a 12 month period.
Getting car insurance online
The price of car insurance largely depends on the coverage you opt. A basic policy will not cost much. However if you opt for additional benefits and add-ons, the cost will rise. You can find out cost of car insurance before taking it up, using a car insurance calculator. Input information into the calculators fields to find out the cost of insurance based on the coverage you want. After getting the amount, proceed to fill an online application form and submit it to the site. Your policy documents will be sent by email or post. Use the policy number to make payments every month and gain the benefits offered by car insurance.
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