Car insurance protects you from a financial loss arising out
of damage or theft of the car. As per Indian Money review, car
insurance also covers for damage caused by a third party and is compulsory in
India. Car insurance protects you and the car from financial liabilities, complaints, and
legal liabilities which include damage to the vehicle in a collision,
hospitalization for injuries, and injury/damage to a third party.
Types of Car Insurance
Third party liability covers you for damage and injury
caused to a third party (unrelated party).
This is both vehicle and property damage. According to IndianMoney.com reviews,
third party liability is compulsory in India.
You can also opt for collision coverage where protection is
given to your car. Coverage is for damage caused in a collision usually in an
accident. However, as per Indian Money Bangalore,
theft is not covered in collision coverage. Comprehensive car insurance
includes own damage cover where you are compensated for damage to the car and
bodily injury caused in an accident.
It is a comprehensive plan which covers damage to car, theft
of the vehicle, a personal accident cover to protect you/driver and third party
legal liability.Want to know more on Car Insurance? We at IndianMoney review will make
it easy for you. Just give us a missed call on 022 6181 6111 to explore our
unique Free Advisory Service. Please note that IndianMoney.com is not a seller
of any financial products.
Before Purchasing Car
Insurance Reviews Go Through This Review by Indianmoney.com
Compare Car Insurance
Online
Indian Money Review Bangalore
advises a comparison of car insurance plans online as you save money and
also enjoy higher coverage without having any complaints.
You can save around 45-50% on car insurance plans and also
get riders like engine protector, zero depreciation cover and others based on
needs.
While buying car
insurance online make sure to get comprehensive coverage for accidents,
theft, fire, explosions, riots, lightning, and acts of terror, personal
accident cover and natural calamities.
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