car insurance

1
Highlighting some aspects of car insurance It
has not been too many years that people who own a
motor vehicle in India have started realizing the
importance of having their car insured. For some
people, still, it is merely a legal obligation
and does not hold the importance, it is worthy
of. They simply chose to neglect it or just fill
in the required documents and do the needful just
for the sake of it and hand them over blindly to
the insurance agent. The comprehensive cover
can provide full coverage against all the
possible damages that the car is susceptible to.
The plan can include reimbursement for costs
incurred in repairing dents, technical issues in
the car machinery, accidents or car thefts. For
an individual who is spending his hard earned
money in buying a new car, is recommended to go
for a comprehensive car insurance plan. There are
several plans against car insurance in India that
provide cover for natural calamities like
earthquakes, cyclone, land slide etc. and other
accidental mis happenings such as explosion,
fire, self ignition and many other malicious acts
are included in this.  The insurance for third
party or an external body provides partial
insurance claims in case the car of the policy
holder meets with an accident. The insurance
company should acknowledge that third party under
the car insurance cover, only then it can be
entitled to receive the compensation pay out or
reimbursement for damages. Some companies
offering the car insurance in India may also
provide third party insurance against theft. In
this case, the amount to be paid for premium is
comparatively lesser than the comprehensive plan.
This is an independent plan altogether which may
or not may not be clubbed with the other
insurance plan(s) for your vehicle. However, if
it is taken separately, then the car owner will
not receive any financial aid in case of any
damage to the car.  The third party car
insurance in India is generally looked after by
the companies which are directly under the
control of government. There are companies in
private sector too, that provide the third party
insurance, but it does not yield high profits to
them. It is inevitable that the person who is
going to purchase a car to understand the nitty
gritty of the car insurance policies and the rate
of premium that he will have to bear to get his
vehicle protected under the insurance cover to
safe guard it against internal and external
damages and also any mis happening that it can
cause to an external party. Most of the car
vendors offer you to buy car insurance, at the
time you visit a showroom to book or buy your
vehicle, but it is up to you whether you want to
buy it from them or through other car insurance
companies. You may check and compare the plans
offered by various companies before negotiating
with the car dealer. The important parameters
that can help you choose the right insurer and
the plan for car insurance in India are customer
interaction, billing, the policy offerings,
renewal process and the premium for coverage
offered.