Insure the auto and safeguard yourself from financial loss
One of the first things any youngster wants is his own car. It is a sign of independence and is usually easier to buy than a house. However, one important aspect of car ownership is auto insurance. When you <a href=”http://www.icicilombard.com/app/ilom-en/personalproducts/Motor.aspx” target=”_blank”>insure your auto car</a>, you are in effect protecting yourself from a range of problems that could cause financial grief. • Automobile India laws make it compulsory for everyone to insure auto vehicles they own. If you are caught without a valid insurance, you can be fined. With auto insurance, you and your motor maintain a blemish-free driving record
• In case you are involved in an accident, and it is found to be your fault, you will be required to pay damages to the other party. If you insure your auto, the insurance can cover the third party damages. The Third Party Liability plan, which is also the minimum requirement by law, helps keep you covered against this eventuality
• Automobile India insurance can cover the expenses that go into repairing your car in case it is damaged in an accident. By insuring your motor, maintaining it becomes easier as well. Insurance can also help you pay for any repair work that may arise due to accidents
• Any damage to your car due to natural causes can also be covered by automobile India insurance. This can include damage due to thunderstorms, floods, earthquakes, typhoons, landslides and rockslides.
• Automobile India also protects your vehicle against manmade calamities. For instance you can insure automobiles against theft. It can also cover damage done to your motor during riots or terrorist attacks.
• You can also avail of a cashless plan provision which allows you to take your motor to any of the company approved workshops where you can make a claim without having to pay if you insure your auto with a suitable policy. This helps your <a href=”http://www.icicilombard.com” target=”_blank”>motor maintain</a> its proper functioning while you need not arrange for cash to pay for it.
Motor insurance can help keep you covered in all these circumstances and acts as a safeguard against financial loss due to damage to your motor. It helps your motor maintain a proper functioning throughout its life with proper servicing and timely repairs. When you insure automobiles, you buy peace of mind for yourself and protection for your vehicle.Fortunately, automobile India has made it easy for vehicle owners to insure automobiles all you need to do to buy auto insurance is look at different quotes online to find a plan that suits you and your budget best. Once you know which plan you want to buy, you simply need to fill up an online form and make payments. You can do this using your credit card with no extra charges. Once you have completed the formalities, the digitally signed copy of your insurance policy is mailed to your email address.