If you are getting confused in choosing the right insurance plan for your car? Know here what you need to pay attention to while taking an insurance plan.
Car Insurance (PS: Pixabay)
Motor insurance can save you from money problems in situations like Car Accident. a good Insurance Covers damages caused to your vehicle. It also covers damages caused to any other vehicle or driver. In such a situation, it is necessary that care should be taken while buying or renewing Vehicle Insurance.
In India, the cases of vehicle accidents are quite high. In such a situation, it becomes even more important to take third party motor insurance. However, instead of opting for just third-party motor insurance, you can choose a coverage option (complete insurance) that offers better protection.
Benefits of taking complete insurance
Complete insurance covers both the insured and the third party in case of an accident or any damage caused to the vehicle. It also includes personal accident cover, own damage cover, 24-hour road assistant, anti-theft protection and other features. Whereas, third-party insurance only covers the liability of the third party.
Must know these things before insurance claim
To claim insurance properly, it is important to understand your policy and claim process. In some cases insurance companies reject the insurance claim. To avoid claim rejection, it is important to pay attention to these things-
- Compare plans before buying insurance.
- Understand the claim process properly.
- There should be no delay in making an insurance claim after an accident.
- During the claim, check the claim settlement of the insurance company.
- Choose the features, benefits and premium as per your requirement.
Delaying Insurance Claim will cause loss
Do not delay in claiming insurance after any accident. The longer you delay in this work, the higher the risk of claim rejection. Never make false claims regarding loss. If you are telling the truth while claiming and work properly then the chances of rejection will be less. Apart from this, before buying insurance, the reports of claim settlements of the insurance company must be checked.
