Articles
Reasons Why Car Insurance Policy is a Must
by MS Rewards Maruti Suzuki Rewards AppCar
insurance is a policy that protects car owners financially in case of damage
caused by natural circumstances or human mishaps, such as theft, flood,
earthquake, and more. It is like a risk cover, safeguarding your unplanned
liabilities and unforeseen events. Often, people get stuck on the road with the
car in case of an accident, sudden breakdown due to rain, or any other reason.
Car insurance is helpful in such cases. Also, the Motor Vehicle Act makes it
vital for all vehicles to be covered under an insurance policy before they
drive on roads. Whether you plan to buy a Maruti Suzuki Wagon R or
any other car, insurance is
a must.
Here are a few reasons why you should buy a car insurance policy.
Financial Protection
An insurance plan will provide you with
financial security if your car gets damaged because of an accident, flood, etc.
In addition, an insurance policy reimburses costs incurred if a person suffers
physical injuries due to an accident. It means the policy will compensate for
hospitalization costs and other expenses due to an accident involving your car.
Without a car insurance plan, the car owner has to bear all the expenses. It
can cause a major financial burden.
Covers Legal Issues
Often, accidents can have some legal
consequences. In case of an accident, a case might be filed against you. Not
only will it be a hassle, but it may take several months and years for it to
get resolved. You will need to hire a reputed lawyer and pay for different
legal charges. Once finished, you would have exhausted a lot of your money on
your legal case. However, with a car insurance plan in hand, the insurance
company will manage and pay for all your legal charges.
Pay for Damage
Cars are expensive, and paying for
their repair is also costly. Often, other driver's negligence on the road or
parking constraints can create minor to extensive damages to your vehicle. It
can leave you helpless and choiceless as you need to pay a considerable amount
of money for the repair now. Having an insurance plan will help you get
financial help for the repair work of your car.
Peace of Mind
With the right insurance in hand, you
will get complete peace of mind. You do not need to worry about an unexpected
financial crunch that may happen if the car gets damaged or stolen. Lack of an
insurance plan will make you spend money on repair expenses, treatment, and
other charges related to legal actions from your pocket. It is mandatory to buy
an insurance plan to decrease your liability and keep your finance protected.
The best thing about an insurance plan is that you can choose extended coverage
according to the add-ons offered along with the policy.
So, these are
a few best reasons an insurance policy is a must for car owners. It is
advisable to get your car insurance copy before driving as there will be huge
penalties and legal repercussions if caught without a valid insurance policy.
In fact, the authorities can permanently or momentarily cancel your driving
license if found driving a car without an insurance plan. So, get your Wagon R car insurance renewal on
time, whether you own a Maruti Suzuki Wagon R or any other model.
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About MS Rewards 
Maruti Suzuki Rewards App
0 connections, 0 recommendations, 9 honor points.Joined APSense since, February 12th, 2021, From New Delhi, India.
Created on Nov 10th 2021 05:29. Viewed 219 times.
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