One of your most prized belongings, your four-wheeler deserves that extra care and protection. It is important that you get a comprehensive coverage for it and protect it against any unfortunate and unseen mishap and damages. The insurance not only protects your vehicle from the ill-fated incidents like theft and burglary, but also covers it against natural disasters like fire, etc. However, it can get difficult for a common man to understand and learn about four-wheeler coverage and policies. This is why it is important to seek answers of most common car insurance faqs, sought after by existing and potential policy buyers.

The most frequently asked question is what is car insurance, its importance and is it mandatory to have one in India? For all those who want to have an overview about it; this insurance is a cover and protection against losses, which take place as a result of legal claims made by a third party in case of an accident caused by you or losses which crop up as a consequence of man-made/natural calamity to you, your vehicle and co-passengers. Also, under the Motor Vehicles Act 1988, it is mandatory to get your car insured, immediately after you purchase it.

The other answer buyers want is about the types of car policies and covers available in India. You should know that there are two types of four-wheeler coverage; the ‘third party insurance’ and ‘comprehensive insurance’. The former covers a policyholder against losses which occur because of any physical injury or death to a third party or any harm to its property. It is compulsory by law to have third party insurance. However, if you want to be remunerated for any damages to you, your co-passengers and your vehicle, in addition to third party coverage, then buy a comprehensive cover.

These days, cashless claims are gaining popularity. However, many buyers are not aware about this facility and want to know more about it. If you too, want to know about it, then, you should know that under the cashless claim service, you will not have to pay any repair charges, your insurance company will take care of all the expenditure. If you buy cashless insurance, then, all you will have to do is take your vehicle to any garages authorized by your policy provider to settle the claim.

One of the most frequently asked questions is that what are the important documents that have to be submitted to make a successful claim? If you want to file a claim, then along with the form, you should also submit a copy of driving license of the person driving the vehicle at the time of the accident, a copy of vehicle’s registration book, a copy of the police FIR / panchnama in case of theft or any third party personal injury / death or property damage and an estimation of repairs.

These are some of the important car insurance faqs. And, it important that you have answers of these to buy the right policy for your dream car.

For more information visit: Car Insurance Faqs and Buy Car Insurance Online.

Dear sirs!
Now you may ask a question concerning any section presented in the Catalogue of questions and answers containing information on customs legislation and FEA.


Проект «Виртуальная таможня» создан при участии Корпорации EMCTC.
© 1998-2018 Виртуальная таможня. Все права сохранены.