5 Benefits of Car Insurance in Marathi. Why have car insurance?

Why is Car Insurance Necessary?

Car Insurance Car insurance is an important part of any four-wheeler vehicle owner’s life, especially in India. While driving on Indian roads, it is mandatory to have motor insurance for your car. Many first-time car buyers often wonder why car insurance is important; Accidents may or may not happen, so is it really necessary to have car insurance? The simple answer is yes. Having car insurance is essential, and not just because it is the rule to have car insurance. So this car insurance saves you from the financial and emotional tension of covering damages due to an accident.

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5 Benefits of Car Insurance :-

1. Pay Now and Save Later – This literally means Pay Now and Save Later. Car Insurance Car insurance can help protect you and your family from major expenses in the future. By investing a little now in your own protection, you can help avoid potentially expensive costs in the future. Coverage Coverage’s such as accident insurance, comprehensive insurance, property damage liability and bodily injury liability help cover the cost of costly claims in the event of an accident.

2. Protect yourself and others – yes it is very appropriate. Because car insurance can help you protect yourself and your family members, your passengers and other drivers as per the motto Protect Yourself and Others. If an accident occurs while traveling by car, you need to know or see if you have the right insurance coverage to take care of any property or bodily injury costs. Find out how you can protect yourself and your family by getting a car insurance quote online or speaking with an agent now.

3. Save Time and Hassle – The after effects of a car accident are very time consuming and very distressing. With the right coverage, you can avoid negotiating with other drivers and property owners involved in an accident and manage the costs of repairing or replacing your vehicle. A good car accident car insurance can help deal with this headache. A good auto insurance policy can help cover the cost of vehicle towing, repair and replacement, and other driver’s damages. Once you file a car insurance claim, the insurance company can help you complete the process smoothly and thereby assist you.

 

4. Peace of mind – everyone makes mistakes. But sometimes another driver’s fault can become your problem. With the right type of car insurance, you can rest assured that you are covered if an uninsured or underinsured driver crashes into your car. And so you don’t need to take much tension. And taking out such car insurance definitely gives you peace of mind.

5. Cover your health insurance – Car insurance Car insurance can also help you with medical expenses that sometimes health insurance doesn’t usually cover. A good car insurance policy can help cover expenses such as dental work and medical treatment required as a result of a car accident.

Car Insurance Why is car insurance mandatory?

Have you ever boarded the wrong plane and then realized you didn’t have much money in your pocket when you got there? Or have you ever trekked without a proper guide and equipment. The answer to both of these must definitely be ‘no’. But why this answer?

In both the above mentioned situations you definitely need a savior. Otherwise, you need to have a lot of money and fearless hope so that bad luck will not affect you. This is all possible but definitely an unrealistic option.

We all live in India where the population is constantly growing uncontrollably, that’s why the number of cars is increasing and that’s why common problems like increasing traffic on the roads are really difficult. That is why the number of cars is increasing exponentially every day and the possibility of vehicular accidents has also increased due to the mobility of cars.

These everyday accidents can sometimes be disastrous for you, your family and other people. All of these things can be financially stressful and distressing to you and others, the people involved in the accident. Therefore, the Government of India has made it mandatory for vehicle owners to purchase at least Third-Party Car Insurance.

What is a motor insurance policy?

A motor insurance policy motor insurance policy covers the owner against any financial loss due to an unexpected and sudden situation i.e. serves to save the insured. Like car accident, natural calamity, or car theft etc. In case of any damage to the insured vehicle, the policy holder is covered by the policy holder or a third-party.

The most important car insurance coverage

The most important sum insured i.e. coverage should be your state’s minimum liability and property damage coverage. More than anything else, you need to have car insurance to keep yourself legal to drive. If you don’t keep this car insurance, you are always at risk of losing your Car Driving License and getting fined for driving without car insurance. Without car insurance liability coverage, if you get into an accident, you may face huge fines along with the damage bills you incur, and if you lose your life in an accident, it’s terrible and your family can’t recover from it.

Liability and property damage coverage to other drivers on the road is meant to protect you from damages caused by you in the event of an accident on the road caused by you. Your car insurance policy lists liability as 20/40 Bodily Injury as an example. 20 is a placeholder for how much they will pay for medical expenses, pain and suffering per person and is worth Rs.20,000. 40 is a placeholder for the amount to be paid for medical expenses, pain and suffering in each accident and is valued at Rs.40,000.

Having coverage that protects other people’s property and medical expenses is important for your own financial protection. Otherwise, you may be sued for damages.

Other important coverage

You also want to protect your own property. You need to purchase physical damage coverage so that you are protected from major car repair costs if you damage your vehicle or if your car is damaged due to some other external factors.

Comprehensive coverage Comprehensive coverage will pay for any loss other than an accident. This includes but is not limited to deer, rodents, glass damage, fire, theft, vandalism and storm damage. A deductible usually applies.

Collision coverage Collision coverage is paid when you collide your vehicle with another vehicle, a tree or a mailbox and the car is subsequently damaged; It doesn’t matter. Collision will pay your deductible.

Some other things about car insurance

In most states, purchasing car insurance is required by law. But it is one way to protect yourself and your family from the potentially devastating costs of a major accident claim. A car accident can be expensive even if you are not at fault. Arranging and paying for your vehicle to be repaired or replaced, and potentially going to court, can be time-consuming and expensive. That’s why it’s important to buy the right level of car insurance from a company with a reputation for industry-leading insurance products and excellent claims service. By streamlining the process from getting a tow truck and rental vehicle, to paying for medical bills and repairs, an excellent claims service can help save you time and frustration after an accident.

So whenever you buy a new car or if you have a car or a four-wheeler, get car insurance now. It is beneficial to have this insurance. Because although our life is beautiful, it is unexpected. Sometimes accidents can happen due to our own mistake and sometimes due to the mistake of others. That is why it is always wise to anticipate the future.

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