Chennai is a beautiful city on the shores of the Bay of Bengal. However, like any other metropolitan city in India, it has its share of traffic. To ensure that you have a safe driving experience, make sure you don’t neglect car insurance in Chennai.
Importance of Car Insurance
In India, it is mandatory for car owners to have vehicle insurance under the Motor Vehicles Act, 1988. If you meet with an accident, your insurance policy will cover the damages to vehicle, and also ensure you that are safe in case of an accidental death or bodily injury caused to a third party. It is also necessary that you carry proof of car insurance in your vehicle at all times.
Car insurance can ease your stress, as you will not be held liable for damage or injury to another person. Also, depending on the insurance you purchase, if your car gets damaged, burgled, or stolen, your insurance will cover the cost for repairs and replacement of accessories.
Types of Car Insurance
Whether you buy car insurance in Chennai or in any other city, there are two basic types of insurance policies that you can choose from.
One is third party insurance, which is compulsory for every car owner. As the name suggests, this insurance covers injury to third party or damage to third party property. So, if it is deemed that the damage or accident is your fault, your insurance will pay for the other person’s vehicle repair or treatment in case of injury. It however, does not pay for repairing your car.
The other type of car insurance that you can invest in is comprehensive car insurance. Although not mandatory, it is a useful policy to have. This insurance too pays for third party property damage and injury, but what makes it useful is that it will cover repairs of your vehicle, regardless of whether it was your fault or not. It also covers loss or damage caused to your car due to fire, burglary, explosion, acts of terrorism, floods, cyclone, hailstorm, riots, malicious acts, etc.
You can easily compare different car insurance policies online and purchase them through reliable and trustworthy insurance providers. Nowadays, the internet had made it easy for car owners to compare and buy insurance without excessive documentation. Also, since there is no middleman, the cost of buying car insurance is affordable.
