WHAT IS VEHICLE INSURANCE?
Vehicle insurance is an insurance for all types of vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a vehicle.
All types of vehicle here means that commercial and non-commercial like cars, trucks, motorcycles, buses, tractors, JCBs etc.
WHY YOU NEED VEHICLE INSURANCE?
THINGS TO KEEP IN MIND WHILE PURCHASING VEHICLE INSURANCE
Vehicle Insurance is a mandate requirement in all states of India for every vehicle running on road said by government of India
If you are driving uninsured vehicle on roads then there will be a penalty imposed on the person driving that car.
Vehicle insurance provide financial protection in event your vehicle being damaged.
Vehicle insurance provide various add on benefit like zero depreciation, return on invoice, no claim bonus, key replacement cover etc.
It provide benefit to survivors when accident results in death.
As vehicle insurance is mandate requirement for every vehicle and provides financial protection in case of accident. So, every person must have vehicle insurance to follow the rules and regulation of government and to have financial protection.
Please feel free to contact us regarding any queries related to Vehicle Insurance.