If there is no insurance, then your challan can be deducted. Along with this, in case of car accident or theft, only insurance protects you from financial loss. But while taking or renewing car insurance, you have to take care of some things.
Whether the vehicle is new or old, it is mandatory to have insurance to run on the road. If there is no insurance, then your invoice can be deducted. Along with this, in case of car accident or theft, only insurance protects you from financial loss. But while taking or renewing car insurance, you have to take care of some things.
Now it is so easy to get insurance in the country that you can do this work sitting at home. But whether you buy insurance online or offline, but 3 things must be added in car insurance. The cost of adding them to insurance is very less, but you get huge benefits.
Zero Depreciation
While taking insurance, first of all add zero dep facility. If there is any wear and tear in the vehicle after taking it, then you do not have to pay the expenses. The insurance company pays for the damages caused to the car. It is the insurance company that gets a new part installed in the vehicle or repairs the old one. This can save you a lot of money.
Invoice Protection
Taking this facility means that in case of theft or total damage of the car, you get the value of the car which you would have paid while buying the car. Invoice Protect is also known as RTI (Return to Invoice).
Engine Protection
Sometimes the engine of the car also breaks down. In such a situation, keep engine protection in the insurance to avoid damage. It provides coverage for damages caused due to water ingress into the car’s engine, leakage of lubricating oil, differential parts or engine failure.