Comprehensive car insurance protects your car from any man made or natural calamities like terrorist attacks, theft, riots, earth quake, cyclone, hurricane etc in addition to third party’s claims/damages.
Benefits of Vehicle Insurance System:
All the states in India require a minimum amount of insurance. Car insurance can help offset the loss of huge sum in the following manner:.
Provides benefits to survivors when an accident results in death.
It covers lawsuits, including legal fees brought against you as the result of an accident..
Covers the bills of vehicle repairs due to damage caused in an accident..
Covers damage caused by other than an accident for example, theft, fire, etc.
Additional discounts:
Car insurance policies allow premium discounts for theft or for owning more than one policy with the same insurer. It also provides added advantage to extend coverage to others driving your car with your permission..