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We invest money on automobile to make our journey enjoyable and carry business needs. A person spends all his saving and takes loans to buy a dream car. Hence it is logical to take care of the cherished possession. Essential coverage of a Motor Insurance Motor insurance provides ample coverage to an automobile in case of theft, damage owing to a fire or an accident. At times other party claims against the policy holder for injury to other or damage to others property. Motor Insurance provides protection against third party legal responsibility. The policy also provides accident cover in case of mishap to owner of the vehicle. A second hand car owner also enjoys same benefits as new car owner under Motor Insurance. Car Insurance offers roadside assistance such as on road maintenance in case of small breakdown. It also assists in replacing flat tyres, lost key replacement and towing of the car to the garage. Add-on cover for additional protection Motor Insurance gives complete depreciation cover on the value of the replaced part due to an accident. The policy holder receives entire value of the car in case of theft covering the cost of registration and insurance. The policy covers the cost of medical treatment in case of injury to the owner-driver and co-passenger as well. Cash benefit is paid on daily basis if a policy holder has to spend days in hospital for treatment. Utmost 30 days of cash benefit is paid and treatment by registered medical practitioner only. A fixed amount of cash is given to family of the insured in case of death or permanent disability. Eliminations by a Motor Insurance Damages caused due to normal wear and tear of the automobile. Loss due to depreciation and mechanical collapse are not covered. Accident or damage due to the owner-driver negligence or under influence of alcohol is not accepted. If found the vehicle was driven by the insured and has caused accident, the insurance company will reject all claim for insurance benefit. Motor Insurance refuse claims by the policy holder, if the vehicle is insured as private and used for commercial purpose. The insurance company do not offer protection if the insured vehicle suffer damage outside geographical area. Motor Insurance outright refuses claim for benefit if the insured vehicle suffers damage due to a criminal act or the owner –driver is found engaged in a criminal activity. Replacing or repairing your automobile will cause huge financial burden in event of theft or damages due to accident. A wide-ranging Motor Insurance protects automobile and the owner against such problematic event. For more information visit: Car Insurance Renewal and Motor Insurance.
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