Benefits of Having a Car Insurance Policy

Basically a car insurance policy protects your vehicle against losses or damages arising from unforeseen risks or accidents. Car insurance is an agreement for a vehicle in which the insurance providers agrees to pay for your financial losses resulting from a said specified event. A motor insurance policy can serve you a lot than you think.
Benefits of Car Insurance Policy
Apart from being a mandate, motor insurance policy offers a wide range of benefits. Like,
Third party cover: It offers coverage against financial liability due to any injury or death of a third party or damage to the property.
Comprehensive cover: This plan provides compensation for damages or losses due to accidents, fire, theft, explosion, self-ignition, lightning, strike, terrorist activities or natural calamities. Third-party liability and personal accident coverage are also included in this plan.

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