Why it is imperative that you get your Car Insured
Auto insurance has not only been made compulsory by law, but it is something that would be invaluable in case of an accident. This article advises you why you cannot do without it.
If you have been wondering why the government has made auto insurance compulsory; it is to encourage accountability. In the event that you are involved in a road mishap, the people you hurt need to be given a financial cover. Getting even the cheapest car insurance in India ensures that the company you pay a premium to takes care of such unexpected expenses for you. You can read on to know more about why it is crucial that you have a sound auto insurance policy in place.
- The Law Makes Auto Insurance Mandatory
Whether a mishap was a result of someone else’s doing, or if you happen to damage property in an inebriated state while driving; the harm to life, hospital expenses and cost of repairing vehicles can be exorbitant. This is why the insured amounts are high as well. This is a fail-safe option put in place by the law so that there is never a case when people cannot be reimbursed for the mishaps caused. It is their way to eliminate possibilities of long drawn out judicial cases, money battles, etc.
- It is conscientious of you
While third party policies may only cover other people you hurt, there are others that ensure you are protected from mishaps as well. Full covers make sure that a premium you have paid in advance takes care of any vehicle repair costs post accident. Getting a policy like this also makes you more conscientious as you are accounting for future contingencies that may befall you. After all, there is no guarantee that you have the liquidity at the time of the accident to pay for your expenses, but a simple contingency plan can work wonders.
- Accepting that Mishaps Occur
Even though you may adhere to the speed limit at all times and be a safe driver, it is necessary that you admit that mishaps do occur. They may not be because of your driving error, but may affect you all the same. It is true that they befall people every day, many of whom lose their lives. Whether it is a small fender bender or a major crash, your vehicle will be sure to sustain some extent of damage. Getting insurance is your way of accepting this fact and making a contingency plan for yourself.
- It would be Foolhardy to not have it
Most people cannot afford to be in accidents that are unexpected unless they have a policy covering them. People who have lives, a job and limited means find it hard to stomach the expenses a singular crash can cause. A car insurance policy that protects them can really come in handy at such a time of crisis. It is especially helpful in the event that there is a claim posted against you. You may be liable to pay thousands of rupees without the sanctuary of a cover.
If you are still hesitant to spring for a full cover, you can opt for the cheapest car insurance in India and then switch to a better cover once you are convinced of its benefits. Visit the website to know more about car insurance in India.
If you are looking for the cheapest 2 wheeler insurance, then the author of this article recommends Carinsurance.in.