CAR INSURANCE

It is a smart choice to buy car insurance after you buy a car. Car insurance will protect you monetarily in case your car gets damaged or death happens due to an accident..

A Personal Accident Insurance policy provides full monetary security to the policyholder in case of unforeseen situations such as death due to an accident, major injury due to an accident or permanent or temporary disability of the person. In case of death of the policyholder the nominee gets 100% compensation from the insurance company and also other compensations are provided for the damage to body parts. In today’s fast world people have become more prone to accidental death, major injury due to fatal accident, permanent or temporary disability of body parts and in times of emergency, it usually becomes tough to arrange funds for treatment if a person is from a middle-class background and thus in order to cater all these difficulties it is necessary to have a Personal Accident policy which will provide financial protection in the treatment of these unforeseen happenings which will not impose pressure on an individual for treatment.

Why is it necessary to choose Car Insurance?

There is no guarantee of life in today’s world and any unforeseen situation like an accident can happen to anyone at any time. At the time of emergency, the most challenging task is to gather funds for medication to bear the high expenses of hospitalization. People belonging to middle-class families often face high challenges to arrange money in times of emergency and which leads to a financial crisis. Thus insurance plays a vital role in this situation as it releases pressure from the insured family as they will not be troubled in arranging funds and the policy will take care of every expense incurred in medication. Thus the need for an accident policy is very necessary as treatment costs are very high in this expensive world.

F.A.Q

WHAT SHOULD YOU NOT SAY TO YOUR INSURANCE AFTER AN ACCIDENT?

Avoid using phrases like “it was my fault,” “I’m sorry,” or “I apologize.” Don’t apologize to your insurer, the other driver, or law enforcement. Even if you are simply being polite and not intentionally admitting fault, these types of words and phrases will be used against you.
WHAT HAPPENS IF YOU HIT SOMEBODY AND YOU DON'T HAVE INSURANCE?

If you’re at fault. If you hit someone in the accident and you don’t have insurance, you’ll have to pay out of pocket for any damage or injuries you caused even though you don’t have coverage, the other driver has the right to recover damages from you, meaning they can sue.
HOW DOES INSURANCE WORK IF SOMEONE BORROWS YOUR CAR?

If a friend borrows your car and causes an accident, your insurance policy pays for any at-fault damages. A rule of thumb to remember in this situation is that “car insurance follows the car, not the driver.” It’s still a good idea to make sure whoever drives your car has his or her own insurance policy.
CAN YOU DRIVE SOMEONE'S CAR WITHOUT BEING AN THEIR INSURANCE?

Can I drive someone else’s car without insurance? If you drive someone else’s car with their permission, you are covered under their auto insurance policy. … If the person whose car you are borrowing has insurance then it would be protected from damage that happens to their car, no matter who is at fault
HOW MANY TIMES A YEAR CAN I CLAIM INSURANCE FOR MY CAR IN INDIA?

Generally, there are no restrictions on the number of claims you can make under the car insurance policy in a year. However, one should remember that the car insurance claim affects the NCB (No Claim Bonus). Repeated claims in a year may also increase the premium when you renew the policy.