What is car insurance and what you understand about Car Insurance is it necessary or why we do car insurance what is the car insurance benefit there are lots of question about car insurance lets clear one by one….
What is car insurance
Insurance is a contract based on between you and insurance broker or company. When you take insurance policy you agree to pay an amount to the car insurance company and the car insurance company agrees to pay you when your car damaged or theft. basically, we used to do car insurance for our benefit like vehicle insurance company provides property, medical coverage, and liability when your car damage your car insurance company pay you coverage for damage.
Also Read : Import Facts About Car Insurance
How we choose right car insurance
As we know there are lots of car insurance available it’s difficult to find the best insurance for your car but do not worry I am sharing you some tips by that you are able to find car insurance policy as you want..
1) Pick top car insurance company and check their annual premium and how much they give you in coverage.
let’s take an example:-
Car Insurance Benefit
I am working in a company and I have an expensive car I used to drive my car on the daily basis so it’s important to go for car insurance and take the policy which pays well as a coverage on damage. Because there are so many chances to damage my car if I am working on my home and do not use car on daily basis so I can go for lower premium and lower coverage
2) Find those company which pays the claim without any problem and argument. there are many companies which did not pay the claim on time so go for company rating or review and analyze or read the company term and condition.
3) Always choose the car insurance according to your car model thing how much cost of your car and how much you are about to pay for your car insurance if you have the new car so go for high premium which gets high coverage amount by car insurance company.
There are some top car insurance companies which I recommended here is the list of companies.
- ICICI Lombard General Insurance Co. Ltd.
- Tata AIG General Insurance Co. Ltd.
- HDFC ERGO General Insurance Co. Ltd
So I hope you know much about car insurance and benefit of car insurance why we need and how we take to so follow these steps before buying car insurance