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What Does Car Insurance Policy Cover?
by kumar rahul Best Insurance DealsCar insurance is a legal requirement
that must be met. As per the Motor Vehicles Act 1988, all vehicle owners must
have third party car insurance cover. There are basically two types of
motor insurance covers to choose from: third party liability only cover and
comprehensive cover.
Apart from these, there are a number of add-on covers available with motor insurers. You can buy these add-on covers to extend your basic car insurance coverage. You will have to pay an additional
premium to avail the benefits of an add-on cover.
Let’s find out what does each car insurance plan covers.
Third Partly Liability Coverage
The liability only motor insurance policy covers the vehicle
owner's legal liability claims to pay compensation for the followings:
- Death of a third party person
due to an accident.
- Bodily injury of a third party
- Damage to any third party
property.
- Cover third party legal
liability in case of third party injury, death, or property damage.
- Owner-driver personal accident
coverage up to 15 lacs
Comprehensive Policy
Coverage
Comprehensive car insurance is the best motor insurance plan
that you should consider. The policy covers the following.
- Damage to your vehicle due to fire,
self-ignition, lightning, explosion.
- Terrorist Act.
- Any damage or loss to the car
while it is in transit through road, lift, inland waterway, rail, elevator,
air etc.
- Earthquake (Fire and Shock)
Damage.
- Housebreaking, burglary, theft.
- Damage from landslide/Rockslide
- Strike and riot.
- Malicious Act.
- Inundation, Flood, Typhoon,
Hailstorm, Hurricane, Cyclone, Storm, and Tempest
- Accidental external means.
It’s advisable to go for comprehensive protection since
this plan comes with both third-party coverages as well as own damage cover. Meanwhile,
If you are looking for the best car insurance policy for your vehicle, you can
click here to get the best deals.
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About kumar rahul 
Best Insurance Deals
36 connections, 0 recommendations, 202 honor points.Joined APSense since, October 31st, 2018, From Kolkata, India.
Created on Feb 1st 2021 05:23. Viewed 231 times.
