When you start thinking about buying a vehicle, you should also start thinking about getting a motor insurance. You may ask why? Because, accidents always come uninvited! They never inform you beforehand, neither does it give even a tiny clue! It barges into your life when your least expect it and leaves you writhing in physical pain and mental agony about covering the medical expenses and repair charges of the car. Also, driving a car without having proper insurance is considered illegal in India! You are punishable under law if you drive around in your car without legal insurance. I guess these two reasons are more than enough for any person to consider taking a motor insurance. So, how does a motor insurance protect your vehicle? Let us take a look!
You might be having a million plans and would be driving to a party maybe, and that is when fate decides to put your plans to a screeching halt! In the event of an accident, your motor insurance covers all the expenses involved in repairing the car be it the small dents over the vehicle or the costly repairs needed to make the vehicle in working condition. If your vehicle has been damaged beyond repair, then the insurance will provide you the value of the vehicle as on the date of the accident. Isn’t that a great deal?
Damages Caused By Environmental Hazards
Sometimes, the damage may not be caused by vehicle accidents itself. There can be various other reasons causing damages to your car. Environmental hazards like earthquakes, floods, lightings and fire accidents also come uninvited and may cause huge damages to life and property. There can be incidents of landslides and rockslides. In case of such incidents, your motor insurance will provide you with a protective cover and compensate for all the damages caused to your vehicle
Third Party Personal Liability
In case your vehicle causes any injuries or cause the death of another person, then your motor insurance will provide compensation for that person. The insurance will cover the medical expenses if the person is injured and if the person dies, will provide compensation amount to the grieving family.
Third Party Property Damage
The insurance also provides a protective cover if your vehicle causes damage to the property of a third person. In cases of accidents, there can be expensive damages to properties also. Motor insurance covers the expenses and provides you and your vehicle an invisible protective cover.
Theft, Terrorist Activities, And Other Malicious Acts
Even if you have parked your car safely in a place, then also there can be unexpected events like theft of the vehicle, attacks by terrorists and other malicious acts by people. In all these cases, your motor insurance remains as a protective cover and compensates for all the losses incurred to your due to such activities.
Protection During Transits
If you had thought that your vehicle gets the motor insurance protection only when it is used on roads, then you are wrong! If ever you need to make a long-distance travel and has to take your car to the destination using rail, airways or waterways; then also the vehicle is under the protective eyes of the motor insurance. If the vehicle gets damaged during any of these transits, then also the insurance cover provides you with compensations.
Uninsured Or Underinsured Driver Coverage
There can be incidents where you are hit by a four-wheeler or two-wheeler, causing you injuries and damage to the vehicle. In such a situation, usually, the other person’s insurance company has to provide you compensation. But, if that person does not have insurance or is underinsured, then your motor insurance provides you protection and covers the expenses needed to settle your medical needs and also to repair your vehicle.
Collisions With Objects Or Animals
Accidents need not always occur between two vehicles or a vehicle and a pedestrian. Accidents can also occur when your car collides with objects like a telephone pole, tree or even the compound walls of a house nearby. Accidents can occur when you skid your vehicle to avoid hitting a dog or cat crossing the road. There can also be accidents due to potholes that go unnoticed. Collision coverage usually comes with a separate deductible clause. If you had caused the accident due to your fault, still you will get compensation minus the deductible. If you are not at fault, then the insurance covers all your expenses.
All the above points throw light on the importance of getting motor insurance and how it forms an invisible blanket of protection around your vehicle and you. So, think about motor insurance the moment you start thinking about buying a vehicle. If you already have a vehicle and still have not gotten insurance, contact your insurance provider today itself and get insured. Stay insured and stay protected!