Car insurance is a contract between you and the insurance company that protects you against financial loss in the event of an accident or theft. In exchange for your paying a premium, the insurance company agrees to pay your losses as outlined in your policy. Car insurance is of great benefit as it covers anyone who’s driving your car with your consent and if you’re driving someone else’s car with their consent as it provides coverage for any damage suffered by the car and/or any bodily injury that you or a third party that has suffered harm from being in an accident with the vehicle you’re driving. It is important to have car insurance as it ensures that in the event of a mishap or an injury the monetary expenses won’t cause a hole in your pocket. The compensation as well as the damage repair and even medical costs will be covered by your car insurance.
Today, when you buy your dream car, you must also carry adequate insurance. You may be wondering why you have to cover the extra cost of the insurance and spend your hard earned money on it. Essentially, the premium is affordable and when you buy it online you get a discount. It is common for […]
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Private car ownership is a costly proposition, and auto insurance makes it even more expensive. In America, it is the third-largest expense of a car owner, according to the latest infographic from a car insurance review site called Carsurance. Insured motorists in India and other countries are probably in the same position. Nobody likes to […]
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With the number of vehicles on the road increasing at a quick rate, traffic conditions have been getting worse and road accidents have become a common occurrence. Buying a comprehensive car insurance policy is a good choice if you are planning to buy a car. Even though only the third-party insurance is mandatory by law, […]
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