Understanding the Importance of Auto Insurance & Its Claims

  • Added:
    Aug 04, 2014
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    977
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Understanding the Importance of Auto Insurance & Its Claims Photo by Akash Naidu

Today’s generation has evolved a lot. You can see newer and advanced lifestyles. At the same time the challenges also have increased. People have to face a lot of things in their everyday life from pollution to traffic jams and large number of people all over.
Today’s youngsters tend to enjoy their lives boldly not to forget their zigzag stunts. Hence, in such a hustle and bustle of life, it’s important to stay secured. And auto insurance policies like car insurance schemes secure a person against huge financial costs. They prevent a person thinking and worrying about everyday worries like will I be able reach office? How to tackle the congested paths? What if my car or bike faces an accident? Will I be able to incur the costs?
A comprehensive solution to all the above worries is getting a proper auto insurance policy as per your needs. Whenever a person is riding a bike or a car or any other vehicle, he/she is always facing a risk of any unprecedented accident. No one can anticipate such events. Therefore, it’s always advisable to stay protected. A comprehensive car insurance policy is the perfect solution for all your worries.
Further you will understand the importance of third party covers in auto insurance policies like car insurance.
Why it’s important to get a comprehensive car insurance policy comprising of Third Party Cover?
It’s mandatory by law to get an auto insurance like car insurance or bike insurance which contains a third-party cover. Third Party Cover is important to provide sufficient financial coverage for all your dependents. During any mishap, the costs of your dependents related to any injury can be claimed from the injured at high costs which can go up to lakhs. However, when you possess a comprehensive health insurance with a third-party cover, all the costs related to self and dependents are covered by the insurance company.
Also remember to renew your insurance policy on time to gain uninterrupted benefits.
Some other benefits are as follows-
No Claim Bonus or NCB facility which gives up to 50% discounts
You have the flexibility to change your insurer during renewal if you find other’s services more attractive.
You get the benefit of cashless facilities like cashless hospitalization. Your insurer’s empanelled hospitals and garages provide wide range of cashless facilities. The insured gets benefit of various services like hospitalization and treatment for aliments like heart attacks, brain problems, broken limbs, and burns free of cost or the insurer pays the major part of your expenses as included in your policy terms.
Further you can browse through the following points to enhance your safety measures-
Stay alert. Put on the warning lights and ensure the traffic knows about the occurrence of accident. Remove or ride your car out of the danger area.
Call the ambulance when one gets physically injured.
Call and inform the police immediately if some involved person leaves the accident scene.

Author's Profile

Akash Naidu is a software Developer and he is an part time content writer writing for different areas including Insurance and Loan sectors. For more information visit: Car Insurance & Motor Insurance


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