![car insurance card template alf car insurance card template alf](https://images-na.ssl-images-amazon.com/images/S/pv-target-images/65d67880f3dff88be1c4572012fa09cee73d85392ef408948d816580ff2671a9._UY500_UX667_RI_V_TTW_.jpg)
Here are some of the reasons to buy a new car insurance policy in India: Car insurance companies compensate for the loss or damage caused to the insured car and a third party from the insured four-wheeler. Buying a car insurance policy is mandatory in India for all cars as per the Motor Vehicle Act 1988. You have to enter the vehicle details, contact information, and insured details and choose the covers as per your need. It takes a few minutes to buy or renew car insurance online.
#Car insurance card template alf how to#
How to Buy and Renew Car Insurance Online?Ĭompare car insurance online from top four-wheeler insurance companies before renewing. Currently, there are only a few insurers only who are offering this policy. It provides comprehensive coverage for own damage and third-party liability coverage is provided on a pilot basis for a term of a year. This will be useful for those who have multiple cars and hence do not use each of these very frequently.
![car insurance card template alf car insurance card template alf](https://media1.fdncms.com/chronogram/imager/u/original/13729563/books_--_alf_evers_life_of_an_american_genius_by_ed_sanders.jpg)
It allows a policyholder to pay the premium of the insurance according to the kilometers driven by the insured car. Pay As You Drive Insurance is also known as usage-based vehicle insurance. This type of coverage is the most popular as it offers end-to-end coverage & thus less stress for the policyholder It can be further extended by opting for add-ons like accessories cover, engine protector, zero depreciation cover, medical expenses, etc. In comparison with third party liability insurance, a comprehensive car insurance policy offers extensive coverage, more benefits & covers the damages caused to the insured car in case of an accident, collision, theft, etc. In this way, a policyholder gets protection from the financial liability towards a third party.Ī comprehensive insurance policy provides coverage for third party liability as well as damages caused to your own car. Under this policy, the insurer compensates against disability, injury, death, or property damage to any third party. There are three types of car insurance policy in India:Ī third-party liability car insurance policy safeguards the car insurance owner from any type of legal liabilities that arise because of the involvement of the insured car in an accident. In India, a car insurance policy is necessary to get protection for cars. Car insurance is a protection shield for your car against any damages caused by natural calamities such as floods, earthquakes, cyclones, accidents, and thefts.