Checkout Why is Motor Insurance Necessary For Your Vehicle

We plan to buy vehicle for our better life and ride safe but we don’t really know how the Insurance policies works for vehicles. Motor Insurance is the plan that covers your personal or corporate vehicles like cars, trucks, motorcycles and other types of road vehicles. You can avail a great cover through an insurance broker in India, Policy.Online is the one we would suggest, they provide customized plans according to your budget that too from the top insurers.

Following are the major reasons for why you need a Motor Insurance for your vehicle –

Mandatory — The Motor Vehicles Act of India has made it compulsory for every vehicle being used in public spheres to have insurance. A third party liability plan is mandatory for all, which will cover all your liabilities related to third parties like loss of public property, injuries to the by passers etc. But it is advised to have a comprehensive vehicle insurance plan that covers the costs borne by the vehicle and people inside it too.

Necessary — India ranks first out of 199 countries in the number of deaths caused by road accidents around the world. Recent studies have shown that one in six car accidents around the globe take place in India. The numbers are alarming but also tell you the need for you to have a motor insurance for your vehicle.

Peace Of Mind — Whether the fault lies with you or the other party or any third factor, the cost at last will be dumped on you, so why take the chance — Invest in an insurance and protect your future. Live with peace of mind.

You can avail a great cover through an insurance broker in India, Policy.Online is the one we would suggest, they provide customized plans according to your budget that too from the top insurers.