India, Hyderabad (May 19, 2012)
A luxury car was usually considered out of reach for a common man in earlier days. But this is not the case today. These days, one can easily buy a luxury car through bank loans and other finance facilities available across the nation.
“Buying a luxury car is super easy. It is no more a big deal” mentioned Insurance Experts in a recent declaration.
These days, people don’t think much about investing in their dream car. There are several reasons behind this. One of the major ones is easy availability of finance. This is offered by most companies serving in India. In short, getting a Sedan, Merc, or the BMW is no more a dream. And one doesn’t need to wait for a favourable time to buy these plans. With the fancy Sedan class available at unbelievable price, one can invest in it without delay. However, with a dream car in possession, the responsibility also increases. One should take care of its protection.
Maintaining the dream car and looking forward to its protection is the best way one can protect the investment made. This is possible only if the luxury car owner thinks of buying motor car insurance plan. This will take good care of its maintenance cost and protection. Since a luxury car is different from the regular one, even a small damage can result in huge bills.
“The cost of repairing luxury car is heavy. Hence, the only solution here is to buy car insurance for luxury vehicle that ensures adept protection from a huge range of unforeseen circumstances. Buying a car insurance plan can be very beneficial for luxury car holders” asserts Insurance Experts.
In India, luxury car owners can easily claim up to 50,000 INR for a vehicle depending on the type of insurance they buy. The amount is adequate to take care of repairs and other requirements for a luxury vehicle.
The insurance plan in India is bought under two categories; third party insurance and comprehensive car insurance plan. Depending on specific insurance requirements, one needs to decide on a plan that best suits them.