Accidents or natural calamities can strike unexpectedly and cause physical damage to your car. Such occurrences cannot be predicted or prevented but you can surely equip yourself to stay better prepared. Buying a well structured car insurance policy ensures that your pocket is not burdened during such mishaps or accidents. However, careful consideration of a variety of factors is required before you buy the best car insurance policy suited to your budget.
A thorough understanding of different types of insurance plans is sure to simplify the decision making process before you settle for a comprehensive car insurance policy. Information for policy coverage, duration, and policy features can be easily acquired online by logging on to the company website.
Opting for a comprehensive car policy will surely prove a wise decision in the future due to the numerous benefits offered. Most comprehensive plans may include coverages against natural and manmade calamities, personal accident and third party liability. Read on to know about the benefits offered by these covers.
natural and manmade calamitiesSome areas are more prone to certain types of natural calamities and are likely to cause damage to property. A comprehensive plan offers cover against Loss or Damage to your vehicle against natural calamities. Care must be taken to ensure that the car insurance plan that you select includes cover against fire, explosion, self-ignition or lightning, earthquake, flood, landslide, rockslide and other such types of natural occurrences that can take a disastrous turn. Compensation offered for such unexpected events surely help you save money and stay stress free.
Coverage for personal accidentRoad accidents or mishaps may at times also cause injury to the driver-owner. A car insurance plan with a coverage for personal accident comes to your rescue during such trying times by offering monetary compensation for the treatment of injuries.
Coverage for third party liabilityYour insured vehicle may at times cause damage to a person’s private property or may cause injury to a pedestrian. Such an unfortunate situation can be easily tackled if your car insurance plan includes the coverage for third party liability. This cover safeguards you against legal liabilities that may arise due to such incidents and also reduces the financial stress when making compensation for damages.
Apart from these essential covers, you may also opt to buy additional covers like the zero depreciation cover so that there is no depreciation for damaged car parts at the time of repairs. You can also ask your insurance provider to offer a car insurance policy sample to know more about the different type of plans and add-on covers they offer.
With thorough knowledge of different covers and features offered by a comprehensive plan will surely help you select the best car insurance policy for your car.
Disclaimer
The article contains only an indication of the cover offered. For complete details on coverage, terms, conditions and exclusions, please read the sales brochure carefully before concluding a sale. ICICI Lombard General Insurance Company Limited. Insurance is the subject matter of solicitation.
IRDA Reg. No. 115
Toll Free No: 1800 2666
Job Code: EC012404MI Product Code: Motor 01
| 
Home
