PRIVATE CAR INSURANCE
MEANING
The Owners of motor
vehicles are not aware of the important aspects of the risks and liabilities
associated with owning and /or driving a motor vehicle. Even though Motor insurance
policies can be bought or renewed online through the internet the renewal dates
are missed and the vehicle plies on the road without insurance. It is
essential to know that as the owner of the vehicle the liability if any in the
event of an accident rests on the motor vehicle owner and all negligence
arising out of driving is with the driver.
Motor Vehicle Insurance
has two parts
i.
The Own damage portion which takes care
of damages and theft of the vehicle
ii.
The liability portion which takes care of
liabilities arising at the time of an accident. The third-party damages
could be Third party injury, Third party property damages, or injury or death of
the driver/conductor/cleaner / coolies. If the vehicle is not
adequately insured the owner and the driver of the vehicle are at huge risk
from all angles.
Why it is important to have Insurance?
Insurance
plans are beneficial to anyone looking to protect their family, assets/
and themselves from financial
risk/losses: Insurance
plans will help you pay for medical emergencies, hospitalization, contraction of any
illnesses and treatment, and medical care required in the future.
‘Insurance that cares for you’
‘Get Insurance to be protected’
Comments
Post a Comment