Realekom
Active member
It is mandatory for every vehicle owner to have a third party liability motor insurance policy.
Before investing in a car insurance plan, it is important to understand the features and benefits.
Below are five benefits that you may look out for in a good car insurance policy.
1. FINANCIAL COVERAGE:- the primary purpose of car insurance is to protect you from financial obligations which may arise because of unforseen occurances.
It offers protection in case of property damage, a good car insurance also offers coverage against disasters like earthquake, storms and flood.
2. CASHLESS GARAGE NETWORK:- this is a very important aspect to look out for while purchasing a car insurance policy.some car insurance providers are connected to a network of automobile repairs shops where damaged cars can be repaired.
In this kind/level of insurance you may not need to make out of pocket expenses towards the repairs of vehicle, they directly settle the bills with the repair shops in the network.
3.Medical Payment Coverage And Personal Injury Protection:- this coverage can assist in paying for medical bills you might incur if you're involved in an accident. It might also cover your passengers expenses.
4. YOU CAN TAILOR YOUR COVER:- if your car is involved in an accident you may not be able to drive it while the repair is going on bor being replaced, but in this kind of insurance you will be able to get another car on hire while you damaged car is being repaired or replaced.
5. NO CLAIM BONUS:- one of the major advantages of having car insurance is the no claim bonus, customers are eligible for this benefits for every claim free year.
This may be available as a discount on the premium which makes car insurance even more easy to afford.
Before investing in a car insurance plan, it is important to understand the features and benefits.
Below are five benefits that you may look out for in a good car insurance policy.
1. FINANCIAL COVERAGE:- the primary purpose of car insurance is to protect you from financial obligations which may arise because of unforseen occurances.
It offers protection in case of property damage, a good car insurance also offers coverage against disasters like earthquake, storms and flood.
2. CASHLESS GARAGE NETWORK:- this is a very important aspect to look out for while purchasing a car insurance policy.some car insurance providers are connected to a network of automobile repairs shops where damaged cars can be repaired.
In this kind/level of insurance you may not need to make out of pocket expenses towards the repairs of vehicle, they directly settle the bills with the repair shops in the network.
3.Medical Payment Coverage And Personal Injury Protection:- this coverage can assist in paying for medical bills you might incur if you're involved in an accident. It might also cover your passengers expenses.
4. YOU CAN TAILOR YOUR COVER:- if your car is involved in an accident you may not be able to drive it while the repair is going on bor being replaced, but in this kind of insurance you will be able to get another car on hire while you damaged car is being repaired or replaced.
5. NO CLAIM BONUS:- one of the major advantages of having car insurance is the no claim bonus, customers are eligible for this benefits for every claim free year.
This may be available as a discount on the premium which makes car insurance even more easy to afford.