Tag: ARAI

Traffic congested roads, bad road conditions and stress makes it compulsory to have car insurance. Any kind of damage to the car can result in enormous expense. With rising repair costs, even a small repair can be difficult to meet. Also you would get the personal accident cover for yourself and driver, thus saving you cost towards medical expenditure in case of accident. Having a policy brings down your financial burden and helps cope with the situation.

How Does Car Accident Insurance Protect You?
When you have car insurance, you are protected from so many risks on the roads. It protects against damage to the vehicle caused by accident, natural disasters and man-made disasters. It will compensate if you have caused injury to third-party or damage to their property. It also pays out in the event of a personal accident which results in loss of life or permanent disability. In all these situations, compensation from the policy will pay for losses that otherwise would become a liability on you. When you are faced with heavy repair or medical costs, it comes to aid by bringing down heavy financial losses.

A basic policy will not cost much, but will provide a whole range of benefits that will reduce unexpected expenses. You need to renew your car insurance on time and not let it lapse. When the time comes for car insurance renewal, visit the company website, fill the renewal form and submit it. Your renewal is done in just minutes. Alternately, you can visit the insurance provider and renew your policy on time.

In addition to basic benefits, you can opt for additional riders such as:
Personal accident coverage for fellow passengers
Minor breakdowns on the road
Towing your car to the garage
Lost key or emergency fuel
Depreciation cover
Coverage for invoice price
Daily hospital cash and payment for medical treatment

These add-ons will increase the premium cost but gives vital extra coverage through which you and your family will be protected in the event of loss. Coverage is available for one year only, after which it has to be renewed. You can bring down the cost of premium with a voluntary deductible or through an ARAI approved anti-theft device. If you have cashless coverage, the vehicle can be repaired in any of the garages that falls under the insurers network.

Getting car insurance is very easy as you can easily apply for it online. Online application enables you to get coverage quickly and conveniently, without having to spend time visiting the insurance company. In the event of a car accident claim, you can reach the customer care operating 24 hours a day. You can fill the claims form and submit it with relevant documents online.. If you have any queries about what documents have to be submitted or about the claim process, call up customer care to find out.

When driving car on the roads, you can never be sure about the hassles that might come upon you in the form of car damage, accidents, injury and so on. It is possible to get into traffic congested roads and bump against another car. Even a small accident can result in huge expenses because repair costs are on the rise. A car insurance policy will help reduce the loss by providing compensation. This is one of the many situations in which it comes to your aid and there are many more.

What Protection Do You Get From A Car Insurance Policy?
A basic car insurance policy will pay out if there is any damage to the vehicle in the event of an accident. If the car is damaged due to man-made or natural disasters, the policy will pay for losses. One of the critical areas where it comes to your aid is third party liability. If your car accidently happens to hit another vehicle or someones property, they can sue for damages. You can cope with liability expenses through compensation offered by the third party insurance coverage. It will help pay for damage caused to third party which can put a severe strain on your finances. In the event that you car collides with another vehicle which results in damage to that vehicle or injury to the driver, it can be used to meet expenses arising from the situation. In the event of a personal accident which causes loss of life or permanent disability to the driver it will pay out a lump sum.

Car insurance offers many add-ons that can be used to reduce expenses even further. These include on-road repair in event of minor breakdown, towing expenses, assistance for lock out or lost key, emergency fuel expenses and flat tyre change. You can also opt for benefits such as depreciation cover, invoice price cover, medical expenses, daily hospital cash and coverage for personal accident to fellow passengers. These additional benefits help bring down so many different types of losses, making them easier to bear.

Important points to note about car insurance
In the event that you sell your vehicle, existing insurance policy can be transferred to the new owner. You can also transfer it to the new car that you have purchased to replace the old one. Policy coverage is applicable only for a period of 12 months after which it has to be renewed. Policy renewal can be easily done online, which saves time and efforts. When you renew the policy without fail every year, your car will not be inspected. You can also avail the no claim bonus which gives a reduction on the premium cost. Premium costs will also be reduced if you have an ARAI approved anti-theft device installed in the car. Car insurance claim process is easy and can be completed online by filling the claims form and submitting it along with required supporting documents.