Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Insurance – the Need of the Car

By Sandy Tata Subscribe to RSS | June 21st 2012 | Views:
loading
 
  



Car Insurance is very important, because it protects your car from the risk of accidents. In fact, car insurance in India is compulsory for anyone who buys a car. Since we never know when we can be involved in an accident, it is necessary for us to be prepared. That is exactly what auto insurance does. It prepares us to cover the high car repair costs involved when we meet with an accident, by paying a small premium every year. Not everyone can shell out a large amount of money to pay for damage when they meet with an accident, and that is why automobile insurance is very valuable.

There are many people, those who are extremely careful when they drive, who wonder why they should spend money every year for motor insurance when they haven’t met with an accident or are confident they drive carefully enough that they won’t meet with one. To answer the question, here goes. Statistics reveal that more people die from motor accidents in India than anywhere else in the world. A very scary statistic! Also, no matter how careful we are, we really never know when we could meet with an accident, and that is when we will know the true value of car insurance.

There are various car insurance policies that cover more than just the damage you have caused when you meet with an accident. These policies are also designed to cover the accessories in your car in case someone breaks into your car and steals your music system, or some other valuable accessory from it. In fact, the most basic type of cover in car insurance policies is Third Party Cover. This type of cover only takes care of the cost of damage to the other vehicle. However, it makes far more sense to take a comprehensive motor insurance policy so you also cover the damage caused to your car, and the accessories in your car in case of a theft. You will only need to pay a slightly higher car insurance premium every year to get comprehensive cover.

You can actually choose the type of insurance policy you want, depending on what you think suits you best. There are a number of insurance agents, and companies, that will advise you and offer you various car insurance quotes to help you decide what is best. It is also advisable for you to look at a few different policies and auto insurance quotes from different companies to get the best price for your car insurance policy. Insurance policies are taken for a period of one year, after which you will have to renew your policy. If you do not claim on your policy, your car insurance renewal premium may be slightly less in following years. This is also known as a ‘No Claim Bonus’.

Sandy Tata - About Author:
The right Car Insurance policy can prove to be money saving and helpful in times of need. To know more about such reliable home, Travel Insurance and Car Insurance Company, visit us here.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/insurance-articles/insurance-the-need-of-the-car.htm

Related Insurance Articles Subscribe to RSS

Getting the right amount of insurance excess when applying for auto insurance
Published by Jerry on March 14th 2012 | Insurance
When you are looking to get auto insurance, you may become confused about all the variables that you...
 
Best car insurance in New York City
Published by Warner on April 2nd 2012 | Insurance
Insurance Express is the one stop solution for all Nassau County car insurance related requirements....
 
What are the advantages of buying insurance online at my cheap car insurance
Published by Harrisonford on April 12th 2012 | Insurance
Cars have become the basic necessity of most of the people. Everyone wants to have his/her own trans...
 
Commercial general liability insurance to cover major issues
Published by Andrew Edwards on February 20th 2012 | Insurance
What kind of business developed by you, it is a major question which signifies type of coverage need...
 
Manage your business effortlessly with commercial insurance
Published by Andrew Edwards on February 16th 2012 | Insurance
If you are running a business either it is large or small, then you will understand the importance...
 
Hold unexpected situations with ease, obtain business interruption insurance
Published by Andrew Edwards on February 20th 2012 | Insurance
Fix your business issues quite generously as it is quite important to keep a hold on unexpected situ...
 
Clarion Event liability insurance covers host of resources
Published by Michel Jordan on February 1st 2012 | Insurance
The article describes the public liability insurance for musicians offered by Clarion Associates to ...
 
Insurance broker helps acquiring commercial insurance quotes
Published by Andrew Edwards on February 4th 2012 | Insurance
If you don’t have sufficient time to search for commercial insurance online then insurance broker...
 
My cheap car insurance can save you more money
Published by Harrisonford on March 29th 2012 | Insurance
These days, people are looking for ways to save some amount wherever possible....
 
Finding online life insurance quotes is safe and secure
Published by Haris Portfield on February 20th 2012 | Insurance
With their inclusive approach to insurance, websites make it easy for the insurance consumers to fin...
 
Looking for the best Colorado auto insurance quotes
Published by Auto Insurances on January 16th 2012 | Finance
There are many Colorado auto insurance companies that are offering great deals for insurance policie...
 
A brief overview of high risk auto insurance
Published by Jerry on March 10th 2012 | Insurance
Auto insurance seems to be a necessity for every driver to minimize the risk after any accident. As ...
 
Basic needs of employer’s liability insurance
Published by Andrew Edwards on February 10th 2012 | Insurance
A plan your company requires legally refer to as employer’s liability insurance...
 
Auto insurance – the ultimate choices
Published by Auto Insurances on January 13th 2012 | Finance
Insurance for persons might be optional according to the well and wish of the individuals. Some migh...
 
Considerable requisites about product liability insurance
Published by Andrew Edwards on May 19th 2012 | Insurance
Everyone out there in manufacturing business, wants coverage to get over the conditions regarded...
 
Individual dental insurance
Published by Lessardcasey on March 28th 2012 | Insurance
Individual—(non-employer-based)--healthcare coverage can be difficult and expensive to acquire. Wi...
 
Tips to get cheap car insurance
Published by Harrisonford on March 1st 2012 | Insurance
If you are car owner and you know the law then you definitely know importance of car insurance. Car ...
 
Individual medical health insurance Procedure
Published by Lessardcasey on March 28th 2012 | Insurance
HealthInsuranceAdvisory.org is a website devoted to helping people find affordable Individual Medica...
 
Significance about the automobile insurance
Published by Shyam Singh on March 5th 2012 | Insurance
Renegotiate the automobile insurance handful of folks consider. But maybe it's completed each year. ...
 
Affordable medical insurance procedure
Published by Lessardcasey on March 28th 2012 | Insurance
Medical treatments and preventative care are not cheap. For the 40 million citizens of the United St...