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Is It Sensible to Have Car Insurance Online in India?

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anshi roy

Car insurance is mandatory in India. As per the Motor Vehicles Act 1988, all the owners of motor vehicles much opt for third party car insurance in order to be eligible for driving it on road. 

And to be always prepared to deal with the financial setbacks that could arise out of an accidental damage is to opt for the best car insurance policy online. Most of the people consider only third party car insurance which is mandatory by law. But what they do not know is that third-party policy will not offer any coverage to your own vehicle. This is the reason why it is always advisable to go for comprehensive car insurance policy. In addition to that, you may also opt for different add-on covers available.

Now let's have a look at some of the best benefits of having car insurance online in India:

  • Covers Legal Liabilities: Imagine your car is responsible for the damage of a third party person or property, who will compensate the damage? You need not worry if you have a comprehensive car insurance plan because it will be taken care of by the car insurance online.
  • Covers Own Damage: Comprehensive car insurance policy not only offers protection against third party legal liability but also against any damage of your own. You insurer will compensate against any damage of your car or any injury of your own in the event of an accident. However, this coverage will be as per the IDV amount, which stands for the Insured Declared Value and which is also your Sum Insured for the car insurance policy you choose to buy online.
  • Comprehensive Coverage: Car insurance online offers comprehensive protection against a number of manmade calamities such as fire, theft, burglary, vandalism etc and against a number of natural disasters such as earthquake, storm, landslide, typhoon etc.
  • Personal Accident Cover: The best car insurance policy in India offers personal accident cover for both passenger and driver. This cover makes sure that in the event of any injury to the passengers or driver, you get compensation.

Meanwhile, if you are on the lookout for the best car insurance policy online in India, you can click here and avail the best coverage on the basis of your requirements and budget.

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anshi roy
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