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AUTO INSURANCE IN INDIA

AUTO INSURANCE IN INDIA

MoneyMindz.com India's First Free Online Financial Advisory

MoneyMindz.com India’s First Free Online Financial Advisory

Auto Insurance is the most happening type of insurance taking place in India. The process of taking up the vehicular insurance coverage with monthly, quarterly, and the yearly basis is known as the Auto Insurance.

Kinds of Auto Insurance:

Some of the types of auto insurance are given below as follows.

Liability Coverage Auto Insurance:  A unique kind of auto insurance, ideal for offering the ultimate coverage for bodily and personal injury. It covers the cost of repairing the vehicle, damaged due to accident, crash in India. Liability insurance is influenced by, type of assets and the level of coverage that it offers.

Collision Insurance: When you purchase a car/automobile, every chance in the world that you will have accident. At this juncture, you may not have money to pay for the insurance. During this situation, if your car is smashed in an accident, a fine collision insurance policy will pay for the damages happening to your vehicle. The payment by insurance company, do not take new vehicle into account.

Comprehensive Insurance: You purchased a car and are in perfect condition. However, your vehicle is exposed to changes in the climate, vehicle being stolen, collision with another vehicle, collision with man/woman, collision with animal, falling of stone block on your vehicle, tree falling over your vehicle and other factors. At this juncture, the comprehensive insurance coverage is very good in covering the above mentioned factors.

Medical Protection:  Good auto insurance plays a unique role in treating people, suffering with normal and critical injuries in India. Added to this there will be personal injury and other injuries. Protection from personal injury is vital to you and hence this plan regarding auto insurance is the best bet.

No Fault Insurance: Actually auto insurance covers property damages and injuries to a person. If you are driving a car and, you are not at fault, then also insurance company will cover personal injuries and property damages.

Gap Insurance:  The finest kind of insurance available if you are poor, and not able to pay for your vehicle. In this form of insurance, the insurance company will try to replace the damaged car and give a new car. 

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Interesting Features Of Auto Insurance:

Some of the interesting features of Auto Insurance are as follows:

·        It is ideal in offering the personal injury protection (PIP) to customers in India.

·        Various cover for electrical, electronic and non-electrical accessories.

·        Towing your car to the nearest garage in your locality.

·        Offering emergency fuel assistance to customers in India.

·        Dedicated 24*7 customer service to customers in India.

·        Offers repayment, during loss of baggage/damage to the baggage available in the car.

·        Personal accident covers for owner, passengers in India.    

 

Hence, many auto insurance companies are there in India, offering good auto insurance policies. 

TO KNOW MORE ABOUT AUTO INSURANCE:

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