subject: Online Compare & Buy best Motor Insurance plan in India. [print this page] What is Motor Insurance?
Motor insurance or auto insurance provides best car insurance in India, best bike insurance, and commercial vehicle insurance. The motor vehicle insurance company compensates the policyholder for any damage or financial losses due to an accident or other damages. A comprehensive motor insurance policy also covers any damage caused to another person, vehicle, or property. The following are the possible reasons for the damages:
According to the Motor Vehicle Act, India, vehicle owners must buy valid motor insurance before driving on Indian roads. Motor vehicle insurance fulfils vehicle owner's legal liability that could arise due to bodily injury/ loss/damage caused to third-party/property. Apart from Indian law, the following are the critical reasons to get motor insurance for your vehicle:
Timesaving & Hassle-free: An accident can be highly time-consuming and full of fatigue. The best motor insurance in India helps you avoid negotiating with other property owners/drivers involved in the accident. It also saves you from the costs of vehicle repairs or replacement.
Relaxed Mind: Sometimes, another driver's mistake can become a massive problem for you. The best motor insurance makes you feel confident and calm that you're protected in the case where an uninsured/underinsured driver hits your vehicle.
Protection for both you and others: The best motor insurance policy protects you, your family, co-passengers, and other people. In the case of an accident, you should have the bestmotor insurance to take care of any bodily injury/property costs that may occur.
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