|
In this day and age most people have their own transport. While many prefer to travel around on 2-wheelers because of swifter movement and easier parking, a car remains the most popular mode of transport especially for business people and families. Since it is such a widely preferred option, when travelling by car all precautions should be taken to ensure that the trip or journey is made as safe as possible which is not possible without having a car insurance. All general insurance companies sell auto insurance policies. The basic coverage is the same, but often other benefits are thrown in to lure more customers. The first thing to do would be to insure the vehicle itself. Such insurance would cover any damage or loss due to accidents, riots, strikes, fire, natural calamities such as floods, cyclones, earthquake, etc. While the car is being used on the road, or being transported by rail, sea or air, vehicle insurance coverage is also applicable. Besides the car itself, people travelling in the vehicle would also be insured. The Personal Accident Cover under automobile insurance, covers the owner/driver of the car. If the car when in motion causes injury or death to another person a Third Party Bodily Injury Liability insurance comes into play. Also if the car causes damage to another person’s car or property, this insurance will cover such damage. Items that will not be covered by auto insurance would be: Any damage due to depreciation of the car; breakdowns such as mechanical and electrical; common wear and tear; and damages that occur outside India. If damage is caused by a driver who is under the influence of alcohol then compensation will not be applicable; also if the car is being driven by an unauthorized person who does not possess a valid driving license. Insurance will also not be given if an accident occurs and the car is found to being used for some illegal purposes not covered by the law. Lastly any damage caused by nuclear risks will not be covered. By taking out the right Insurance auto Policy you will be able to drive with more confidence. It is like carrying an umbrella. If it rains it will give you cover. If not, it is there when you need it. Whether you are driving around in town or taking a long road journey there is always a chance of someone else making an error and causing an accident. Other benefits you could get from good insurance companies would include easy access to the service in a widespread network of cashless garages and claim assistance on a 24/7 basis. No claims bonuses of up to 50% when renewing the policy are also available. For more information visit: Auto Insurance and Vehicle Insurance.
Related Articles -
Auto Insurance, Vehicle Insurance,
| 
