Terence Lewis Performance With Nora On ‘Pehla Pehla Pyaar Hai

Choreographer Terence Lewis and Nora Fatehi's dance on India’s Best Dancer Show goes viral. Check out the video.
News Business A 3-Letter Word Which Means Money Savings for a Car Owner

A 3-Letter Word Which Means Money Savings for a Car Owner

- Advertisement -

Buying a car means freedom to travel. If you are a salaried individual, you work hard to set aside an amount from the salaryto buy a vehicle of your choice. Before you purchase the car,you have always fancied, it is crucial that you know how to safeguard it with the right car insurance policy. If it’s your first vehicle, you might not know about the insurance-related laws in India.

When you look for a car insurance policy, you will find two options –1. Third-party car insurance, which is mandatory by law and covers damage caused to the third-party individuals or property2. Comprehensive car insurance, which includes third-party cover along with own damage insurance that caters to the loss or damages to your car

Buying third-party car insurance is mandatory by law. However, it does not safeguard your car from facing damages or losses. That is why buying comprehensive car insurance, which includes own damage insurance, is a smart decision. In other words, comprehensive car insurance is that 3-letter word whichimplies long term savings of money for a car owner.

Here are a few reasons:

1. Coverage Against Natural Calamities

No human has any control over the natural occurrences which can wreak havoc in many parts of the country. Take the case of earthquakes. A few seconds of tremor beneath the earth, and it can injure thousands of people while also destroying entiretowns nearby. If it ever happens to your city, it may damage your car as well. The risk is even higher if you live in anearthquake-prone area. 

In such situations, the own damage insurance cover of comprehensive car policies can help you out. Depending on the terms of the purchased plan, it will cover your car against earthquakes, storms, floods, and similar other natural calamities. 

2. Coverage for Theft or Burglary

Other than natural calamities, you may also want to protect your car against theft or burglary. Imagine not having your car outside your home at the spot where you parked it the night before. Not having own damage insurance to deal with such situations means substantial financial loss. However, you can be at the safe side by selecting a suitable comprehensive car insurance policy. 

3. Own Damage Insurance Cover

Car accidents have the potential to harm both the victim as well as the offender. If you only have a third-party car insurance policy, you won’t have to pay any fines when caught by the traffic police. But you won’t get any financial benefit to get the damages on your car repaired. 

Comprehensive car insurance, on the other hand, pays for the repair work needed for your car after meeting with an accident. You can also get your vehicle repaired at the network garages included in the policy without having to pay for it. The insurer will take care of the expenses incurred. 

4. Additional Covers

Along with own damage insurance, comprehensive car insurance comes with the facility to include various add-ons for extended benefits, which doesn’t come on a stand-alone basisotherwise. For instance, depreciation reimbursement coveroffered by Tata AIG gives you full claim without causing depreciation in the car’s value. This add-on is available for the vehicles until they are five years old. 

It is good to stay prepared for the unfortunate events that can damage your car than feeling sorry when they occur. Without the own damage insurance cover, you may lose a significant amount in repairing the damaged car on your own. It becomesimperative to buy a comprehensive car insurance plan from reputable insurers like Tata AIG to give you peace of mind. You can also check Tata AIG car insurance reviews to get a fair idea about their policies and their reputation in the market.

Next Story

Kriti Sanon Sweats It Out In This Workout Video

Kriti Sanon becomes an inspiration for all the fitness freaks. And her latest Instagram post proves it all.

Share

You May Like