Reasons Why Having Car Insurance Policy Makes Complete Sense

Car insurance is mandatory in India. As per the Motor Vehicles Act 1988, all the owners of motor vehicles much opt for third party car insurance in order to be eligible for driving it on road. Car insurance online is important since you can’t predict which unforeseen circumstance takes you in the grip. Therefore, it’s always better to be prepared than be sorry. And to be always prepared to deal with the financial setbacks that could arise out of accidental damage is to opt for the best car insurance policy online.

However, most of the people consider only third-party car insurance which is mandatory by law. But, you must know that the third party motor insurance plan has been designed to protect you against a third party claim in the event of a third party death, injury or property damage. And, however, any loss or damage to your own vehicle will not be covered under this type of motor insurance plan. This is the reason you must ensure that your car is protected under a comprehensive car insurance policy.

• Third Party Legal Liability: Imagine your car is responsible for the damage of a third party person or property, who will compensate for the damage? You need not to worry if you have a comprehensive car insurance plan because it will be taken care of by the car insurance online.
• Own Damage: Comprehensive car insurance policy not only offers protection against third party legal liability but also against any damage of your own. Your insurer will compensate against any damage to your car or any injury of your own in the event of an accident. However, this coverage will be as per the IDV amount, which stands for the Insured Declared Value and which is also your Sum Insured for the car insurance policy you choose to buy online.
• Protection against Manmade & Natural Calamities: Car insurance online offers comprehensive protection against a number of manmade calamities such as fire, theft, burglary, vandalism etc and against a number of natural disasters such as earthquake, storm, landslide, typhoon etc.
• Personal Accident Cover: The best car insurance policy in India offers personal accident cover for both passenger and driver. This cover makes sure that in the event of any injury to the passengers or driver, you get compensation.
• Add-on Covers: Apart from the above-mentioned coverage options, car insurance also has a number of effective add-on covers that you can include along with your comprehensive motor insurance plan. You will be required to pay an extra charge along with your premium to avail such add-on covers. There a various effective add-on covers that you can opt for such as the engine protector add-on, return to invoice cover, Zero Depreciation cover, etc and many more.

And if you are looking for an ideal car insurance policy online for your vehicle, we at GIBL.IN can help you unearth the best one. We will find you the best car insurance policy online from the top insurers in India at the click of your mouse.