Find Out Policy Cost Using Car Insurance Calculator And Then Apply

Riding the luxury car model is certainly a pleasure because you can enjoy the sheer excitement of the vehicle power and performance. However did you stop to think about risks that you are likely to face when driving on the roads? No. Most of us don’t realize that we are exposing ourselves to so many dangers while driving. With so much of traffic on the road, the risk of an accident is more. The only way to mitigate losses arising from such risks is with car insurance.

It is a must in today’s traffic congested roads. The law deems it mandatory to have one even before you take the vehicle on the roads, which highlights its importance. When you are struck with a problem such as an accident, fire or theft, you are simply left high and dry, left to cope with enormous expenses.  Insurance is your only help under such circumstance as payment from the policy will mitigate losses and help to cope with them.

What Is The Basic Cover Offered By A Car Insurance Policy?                          

A basic car policy offers coverage for accidents, third party liability and personal accident. It covers for the losses that arise from such situations.  Paying for any such expense on your own will be difficult to bear given the fact that repair costs are on the rise. Furthermore, anything like paying for legal expenses or medical bills arising from an accident will be heavy. Car insurance reduces your losses by paying for them thus enabling you and your family to cope with the situation.

While a basic policy is enough for most people but considering the add-ons can give you better advantage. Apply for add-ons to customize your policy as this will bring down so many sundry expenses that you will incur when you are getting treatment. For example, you can opt for deprecation cover, cover for towing expenses, cover for lost key, cover for medical expense and much more. The more add-ons you opt the more you get protection from losses that can arise suddenly when an unexpected situation arises on the roads.

Finding Cost And Application

A basic car policy is not expensive. You can find out the cost by using the car insurance calculator available in the insurance company’s website. Just fill it with relevant details and it will show the cost based on coverage needed. You can proceed to online application. Policy documents will be sent to you in a week’s time by post or to your email id. You can also make premium payments and also do policy renewal online. When you select add-ons, cost of the policy will rise. It can be reduced by making use of the no claim bonus. It can also be reduced by fitted an ARAI approved anti-theft device in the vehicle.

Transferring the Policy                    

Car insurance policy is transferrable. If case you are selling the car, existing insurance can be transferred to the new owner.