Car insurance undoubtedly plays a crucial role in our life. A car without a valid insurance is susceptible to a bunch of risks. Apart from that, as per the Motor Vehicles Act 1988, you must have a mandatory third-party car insurance in order to become eligible for plying your vehicle on the Indian road.
So it's quite understandable that you legally cannot drive a car without officially holding a car insurance otherwise you will have to face legal consequences. In India, car insurance is given utmost significance due to the population of the country. In the event of an unforeseen accident, your car insurance policy will take care of all the damages and loss. Besides this, a car insurance policy will give you a peace of mind since you no longer have to worry about the expenses in case of an accident.
