Owning a vehicle provides a world of convenience and freedom, but it also comes with responsibilities. Making sure your vehicle is protected with Motor Insurance is an important duty. To obtain the best protection for their vehicle, one must be aware of the benefits associated with various add-ons of the Insurance.
If you want to protect your precious vehicle with a motor insurance policy get in touch with us at 7834834444.
What Is Motor Insurance?
Motor Insurance, is a type of financial protection against the risks involved in owning and operating a vehicle. Financial protection against damages resulting from accidents and other threats is offered for the policyholder's automobile or two-wheeler. It is a legal requirement in India to have at least a basic level of insurance to cover potential damages or liabilities arising from accidents or unforeseen events.
What Does Motor Insurance Cover?
Third-Party Liability
Third-party liability insurance shields you against financial and legal responsibilities resulting from accidents involving other people's property damage or injuries.
Own Damage Cover
Damages to your own car brought on by theft, accidents, natural disasters, or other covered events are covered by this portion of your Vehicle insurance.
Personal Accident Cover
Personal accident cover is a feature of many motor insurance policies that provides financial protection if an owner-driver is injured or dies as a result of a covered accident.
Theft Coverage
Motor insurance policies frequently pay for damages brought on by theft or complete loss of the insured vehicle.
Fire and Natural Calamities
Motor Insurance guarantees that your vehicle is shielded from a variety of possible hazards.
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Add-Ons Offered by Motor Insurance
Zero Depreciation Cover
This add-on makes sure that the value of the vehicle's parts is not diminished, so you get the full amount of your claim.
Roadside Assistance
In the event that your car breaks down or experiences a mechanical malfunction while you are driving, this add-on offers support.
No Claim Bonus (NCB) Protection
For years without a claim, NCB offers a discount on the premium. With this add-on, you can be sure that even if you file a claim within the policy's term, you will keep your NCB.
Engine Protection Cover
It is possible that the motor insurance policy will not cover lubricant leaks or water intrusions. The engine in your car is further protected by the engine protection cover.
Return to Invoice Cover
In the event of total loss or theft, this ensures you receive the vehicle at its original invoice value, helping you to bridge the difference between the insured value and the actual purchase price.
Final Words!
Purchasing Motor Insurance is a wise financial move to safeguard both your car and yourself from unanticipated events, in addition to being required by law. Add-ons that are customized to your needs can greatly improve your protection.
By getting in touch with us at 7834834444, you can ensure the safeguard of your vehicle with auto insurance.
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