For most of us, buying anew car is a significant milestone. We spend months analyzing and comparingdifferent models to lock in on that one car that can be a perfect fit, notalways just for us, but also for the entire family.
But while we pour ourheart, time, and energy into locking in the nitty-gritty of our new companion,here¡¯s where we forget to read the fine print ¨C the Car Insurance.
In the excitement ofstarting a new journey, we forget one very important thing ¨C buying a car isone thing, but maintaining it is an entirely different ball game. Bad roads,negligent drivers, careless bystanders, and sometimes, even sheer bad luck, canput you in a financial mess.
From a small dent in thecar to major accidents and natural disasters, the list of daily threats on theroad is endless. Unfortunately, any bad day can leave you cash-strapped, andthat¡¯s precisely why comprehensive car insurance plays a significant role inyour buying journey.
If you haven¡¯t finalizedthe decision to opt for a?carinsurance?plan, we have covered some crucial reasons that will help you make it. Alongwith Bajaj Allianz General Insurance, we have created a 3-point checklist ofall the reasons why you need to lock in on an insurance plan for your car.
Not just accidents, butseveral things can go wrong with your car. Natural disasters like flash floodsor earthquakes can wreak havoc.
Cars can malfunction due totechnical glitches. No matter what¡¯s the reason, servicing a vehicle isexpensive. Car insurance plans cover ¡®Own Damages¡¯ that help us deal with unexpecteddamages and expenses.*?
As we mentioned before,cars are simply machines that can sometimes malfunction due to technicalreasons. A car can go out of control and cause damage to civilians and publicproperty. A comprehensive car insurance plan covers Third-Party Liabilitiesthat compensate you for any kind of damages caused and cover any legalliability arising out of the same.*
Be it a minor scratch froma passing car or a significant fender-bender, any car insurance plan thatcovers ¡®Accidents¡¯ will compensate you for all the expenses incurred.
That¡¯s not all; acomprehensive car insurance policy also compensates for any permanentdisability arising due to a car accident. Again, this reduces the financialdistress caused to the family.*
Now that you know the ¡°why¡±of buying comprehensive car insurance, here¡¯s a quick rundown of the benefitsof the policy:
¡ñ?????If your car has been in an accident, a victim of a theft, facingtechnical issues or is damaged because of a natural calamity, comprehensive carinsurance can cover the financial losses.*
¡ñ?????If your car has been involved in an accident that has damaged someoneelse¡¯s vehicle, comprehensive car insurance can cover the expenses so you don¡¯thave to pay out of your pocket.*
¡ñ?????If an accident happens while you are in your car, leaving youpermanently disabled or causing your untimely demise, a good comprehensive carinsurance plan can help deliver suitable compensation.*
¡ñ?????A comprehensive cover can protect your car from any and all unforeseendamages, even if they are not caused by a third party. It can offer coveragefor a variety of reasons, such as earthquakes, damages from falling/flyingobjects, collisions with animals, fire, and floods.*
*Standard T&C Apply
Companies like BajajAllianz General Insurance offer plenty of reasons to lock in on car insurance. Apartfrom offering great value via NCB during?carinsurance renewal online?oroffline, they give you extended benefits like zero depreciation cover,consumables cover, breakdown assistance, conveyance benefits, and much more!
Bajaj Allianz GeneralInsurance also covers things like personal baggage theft/damage, offerspaperless digital insurance applications, and makesprocessing, and claiming services a lot easier. Their Motor OTS feature facilitatesclaim settlement up to INR 30,000within just 20 minutes.* Terms &Conditions apply.
It sounds like a good dealto us! You can check out more details of their policies online and secure appropriate coverage within minutes. Insurance is the subject matter ofsolicitation. For more details on benefits, exclusions, limitations, terms andconditions, please read the sales brochure/policy wording carefully beforeconcluding a sale.