Get Your Favorite Car Insured For Its Safety

Cars are no more a luxury in the India or developed countries. However in India, cars continue to be unaffordable; yet millions of citizens own a car; and the numbers have rapidly increased over the last decade. A surge in car ownership is due to a reduction in the car prices; which has improved the purchasing capacity of people. With a new or used car, car insurance is the most important thing to have.

Among the many plans available, ensure that you buy car insurance online plans India has a lot to offer. The premium rate offered by every insurance company is different and this should be your main reason to buy or switch from one company to another.

Car insurance is mandatory because of the unexpected damage that your car might have to endure. There are also cases of theft and natural calamities due to which your automobile can be completely wrecked.

The Coverage under Car Insurance Policy

The company you choose to buy your car insurance will not affect the coverage you get under this. The 3 types of coverage that comes under the car insurance policy are:

• Third party liability coverage: This policy provides cover to a third party whose car has been damaged or affected due to your actions. You don’t get any benefit from this clause but it is mandatory in India under the Motor Vehicles Act.
• Collision coverage: If your car gets damaged due to collision, that is, accident or other mishaps, then collision coverage will insure you financially. Collision coverage, however, does not include theft or vandalism of your car.
• Comprehensive coverage: This is the complete coverage plan you need for your car. It includes coverage for your car if it is stolen, damaged and also provides third party coverage along with personal cover. It is the best option as everything is covered under one policy and hence less stress for you.

How to decide which company you should opt for?

Compare car insurance online policies, India has to provide can be a troublesome task as there are end number of companies. But, it is necessary to compare your options as you will get:

• Best plans from the top insurance company
• Lowest premium

You should settle for the company that gives you the above mentioned benefits along with a sense of security as in the long run, switching and changing companies can be very traumatic and you will lose a lot of money.

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