Information about auto insurance

24.01.2011 | Author: kanchan | Posted in Insurance
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For any man, his car would be one of the most valued belongings. Nearly everyone grows up with the dream to possess and drive a car. You would look for loans, dip into your own savings and go through a lot of pain to be able to purchase a car. Some people use their car to make a personal statement, while others depend on it for commuting. No matter what your car means to you, getting auto insurance for it becomes a must.Insurance is a big part of <a href=”http://www.icicilombard.com/app/ilom-en/personalproducts/Motor.aspx” target=”_blank”>motor maintenance</a> and is an important safeguard against financial losses related to your vehicle. The government of India cares so much about drivers that it has been made mandatory for every vehicle to be insured before it can be driven out on the roads. Not having a valid insurance could get you a fine. The minimum requirement by law is the Third Party insurance which protects you in case you were involved in an accident that was your fault. This insurance can help pay for motor maintenance and repair damages of the third party, as well as their medical bills, in case of injuries.
However, this plan does not cover the damages to your own car. If you want proper insurance in India to care for your vehicle, you need to get a comprehensive insurance plan that will cover the maintenance and repair of your car in case of accidents. This plan can also help cover expenses towards your vehicle in case of theft and riots. In India, care can also be provided to your vehicle in respect to expenses related to damage from natural causes, like thunderstorms, floods, earthquakes etc.Apart from motor maintenance, an <a href=”http://www.icicilombard.com” target=”_blank”>auto insurance policy</a> in India can care for your co-passengers as well as you, giving you additional protection. If you add this feature in your insurance plan, not only will you be covered, but the safety of anyone riding with you will also be ensured. The medical treatment of any injuries sustained by them in case of an accident can be covered with auto insurance. Certain plans even cover the towing charges up to a certain amount in case your car is unable to move any further.
If you have accessorised your car with expensive gadgets, the insurance plan can also cover auto accessories against theft as well as damage, adding to the maintenance cover you get. However, it is important to remember that this kind of motor insurance may cost a little more as it is an addition to the existing cover. Thus, having suitable auto insurance can provide you not only with medical benefits but also with proper maintenance of your vehicle.

For any man, his car would be one of the most valued belongings. Nearly everyone grows up with the dream to possess and drive a car. You would look for loans, dip into your own savings and go through a lot of pain to be able to purchase a car. Some people use their car to make a personal statement, while others depend on it for commuting. No matter what your car means to you, getting auto insurance for it becomes a must.Insurance is a big part of <a href=”http://www.icicilombard.com/app/ilom-en/personalproducts/Motor.aspx” target=”_blank”>motor maintenance</a> and is an important safeguard against financial losses related to your vehicle. The government of India cares so much about drivers that it has been made mandatory for every vehicle to be insured before it can be driven out on the roads. Not having a valid insurance could get you a fine. The minimum requirement by law is the Third Party insurance which protects you in case you were involved in an accident that was your fault. This insurance can help pay for motor maintenance and repair damages of the third party, as well as their medical bills, in case of injuries. However, this plan does not cover the damages to your own car. If you want proper insurance in India to care for your vehicle, you need to get a comprehensive insurance plan that will cover the maintenance and repair of your car in case of accidents. This plan can also help cover expenses towards your vehicle in case of theft and riots. In India, care can also be provided to your vehicle in respect to expenses related to damage from natural causes, like thunderstorms, floods, earthquakes etc.Apart from motor maintenance, an <a href=”http://www.icicilombard.com” target=”_blank”>auto insurance policy</a> in India can care for your co-passengers as well as you, giving you additional protection. If you add this feature in your insurance plan, not only will you be covered, but the safety of anyone riding with you will also be ensured. The medical treatment of any injuries sustained by them in case of an accident can be covered with auto insurance. Certain plans even cover the towing charges up to a certain amount in case your car is unable to move any further. If you have accessorised your car with expensive gadgets, the insurance plan can also cover auto accessories against theft as well as damage, adding to the maintenance cover you get. However, it is important to remember that this kind of motor insurance may cost a little more as it is an addition to the existing cover. Thus, having suitable auto insurance can provide you not only with medical benefits but also with proper maintenance of your vehicle.

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