Car insurance benefits:
- To start with, it is mandatory under Indian laws and will save you unnecessary hassles from police.
- The Indian traffic police compulsorily checks for insurance papers every time, they stop your car. This is to ensure that all people comply with the mandatory requirement of third party insurance while driving their vehicle.
- It covers 3rd party liabilities, in case you damage someone’s vehicle and or property.
- As said, this is compulsory and is the safest way to ensure that you do not meet with a huge claim by a third party, in case of an accident.
- It safeguards you against theft and other cases of total loss.
- The insurance company is committed to pay you almost the entire IDV (Insured Declared Value) of the car, in case of complete loss of the car. This is one of the primary reasons why you should never allow any undue lowering of your IDV (as mentioned in the policy letter).
- For a small additional premium, It can cover additional accessories that you have installed.
- Accessories like an expensive music system, any modifications, etc can be included and covered, thereby helping you to ensure the true value of your car for you.
- Under Cashless claim feature, almost the entire expenses are paid by the company.
- With this feature, the company surveyor speaks directly with the Authorized service center and pays them as per their claim letter. This is an incredible feature which saves you from paying first and recovering later from the insurance company. Nowdays, most insurance companies have a vast network of service centers which offer cashless servicing feature.
- Accidental death or permanent total disability may also be covered.
- A comprehensive policy will cover your legal expenses, including lawyer fees.
- Post accident, you can also avail of towing facility from your insurer, if specified in policy.
These are some of the most commonly availed car insurance benefits, especially comprehensive Car insurance.
If you need any assistance in selecting the best insurance for your vehicle, please fill in the form above and get the best insurance quote.