Here is How Motor Insurance Benefits You

In India, buying a car insurance plan is as important as following the rituals. Generally, after purchasing a car, it takes to the temple to seek blessings of the Almighty. In some places, few rituals are followed as it brings good omen. Likewise, car owners are advised to buy motor insurance before they take their car on road. However, the majority of car owners pay less attention or partly ignore it considering the fact that they have never filed a claim in the past. But, you can’t predict your future. Getting your car insured will keep you at a safer side in an unforeseen situation. Just as life insurance provides financial assistance on someone's death, motor insurance gains its importance following an accident, theft, or general damage to your vehicle. One can find and compare various car insurance companies online to buy an insurance plan. Like most of the appealing motor insurances, Tata Aig Motor Insurance plan is one of the most easy-to-opt plans available in the market.

 

There are many reasons why you should always purchase a motor insurance. In this article, we discuss the importance of having a motor insurance.

 

 

Redeemer in Serious Incidents

 

You may not be the sole reason for the last accident you met with, and as obvious, you aren’t prepared for an accident as no one does. You are lucky to escape with minor injuries but your car undergoes huge damages, which may daunt a big hole in your pocket. Without a motor insurance, you won’t carry out the extensive repair expenses. And, it will be more even in case the car is expensive. Here a motor insurance plan saves you from being bankrupt.

 

Post-Accident Medical Assistance

 

Without a motor insurance, you can’t even think of paying the hefty bills, if you are advised to admit or required medical attention. Its importance doubles in case you don’t pursue a health insurance plan. Your bulky medical expenses could push you into flat broke.

 

Useful for Minor Collision

 

Mother insurance is beneficial for minor collision causing crack windshield or damaged wiper or bumper. Everyone knows that car repair costs more. While you don’t file claims for all minor repairs if you have a coverage which bears the expenses for replacing the windshield or fitting a new bumper.

 

Rescues from Lawsuit if Any

 

You are always financially at risk in an unfortunate incident if not insured or underinsured. The repair expenses, medical expense in serious cases may put you in a financially anomalous situation. You would be liable to bear the medical expenses too if anyone is taken to the hospital for your fault. If not then you would have to pay the expenses for the damages to the car. To top is all, if someone sues you, you’ll have to pay the legal bills too which is always on the expensive side. A comprehensive motor insurance rescues you from these situations and never let you pay the expenses on your own.

 

Protects from Theft and Vandalism

 

No one can get rid of theft and vandalism completely. But applying some safety measures you can protect your vehicle to some extent. Adding car safety devices one may put a full stop on theft. And buying this device with a motor insurance policy, you can be eligible for an additional discount on premium as well. If you opt a comprehensive motor insurance policy, the financial losses due to theft and vandalism will not affect you.

 

With other things, motor insurance keeps its promise on to put you in peace. You can be assured that no unwanted situation like accident or theft will empty your bank balance. Purchasing a motor insurance plan you are just doing you a favour to remain stress-free!