In brief, auto insurance covers loss or damage to the vehicle insured, Personal Accident and a third party liability.
Damage can be caused to the vehicle due to natural as well as man made calamities. Natural calamity includes fire, explosion, flood, earthquake, hailstorm landslide etc. Examples of man made calamities include theft, accident by external means, any damage in transit by road or rail etc.
Personal accident covers a compulsory insurance cover of a certain amount while traveling in, mounting or dismounting from the car, and one can opt for personal accident cover for passengers. The third party liability protects against legal liability arising due to accidental damages.
Vehicles are insured at a fixed value but the relief it provides at the time of need is much higher. The car insurance policy is normally valid for a year and one must renew it before it becomes void. As soon as the insurer gets the first premium, the auto insurance policy becomes effective.
In an event that an accident claim is needed, one has to submit a number of documents to the car insurance company like proof of auto insurance policy, driving license, original car registration book, claim form with estimates of repair charges received from the service centre etc. To know about the various aspects and matters related to auto car insurance , simply browse through my blog or do a Google search.
Damage can be caused to the vehicle due to natural as well as man made calamities. Natural calamity includes fire, explosion, flood, earthquake, hailstorm landslide etc. Examples of man made calamities include theft, accident by external means, any damage in transit by road or rail etc.
Personal accident covers a compulsory insurance cover of a certain amount while traveling in, mounting or dismounting from the car, and one can opt for personal accident cover for passengers. The third party liability protects against legal liability arising due to accidental damages.
Vehicles are insured at a fixed value but the relief it provides at the time of need is much higher. The car insurance policy is normally valid for a year and one must renew it before it becomes void. As soon as the insurer gets the first premium, the auto insurance policy becomes effective.
In an event that an accident claim is needed, one has to submit a number of documents to the car insurance company like proof of auto insurance policy, driving license, original car registration book, claim form with estimates of repair charges received from the service centre etc. To know about the various aspects and matters related to auto car insurance , simply browse through my blog or do a Google search.
