India, Delhi (July 30, 2012)
In India, insurance of car covers natural plus man-made calamities including floods, lightning and a lot more. These plans are also designed in a fashion to the cover the individual against third party legal liability and personal accidents.
Some people take car insurance for granted. Hence, they check exclusions and other terms and conditions only at the time of making claim. This is also where they get some shock of their life. The auto insurance in India, won’t cover car owners for normal wear and tear, depreciation, breakdowns, etc.
Most individuals feel that buying car insurance is an expensive affair. This is also the major reason they shirk away from getting one. This is just a myth. There are many impressive and easy ways in which one can reduce insurance of car premium. All one requires knowing is about these factors in detail. You should also know the exact way you can decrease the premium for the insurance plan selected.
You need to first shop around for the lowest quote. If you don’t get one, then it is crucial to utilise a number of websites and tools offered on the internet these days. Certain websites also offer strong comparison tools as well as systems to help user shop for cheapest auto insurance in India premium rates.
There are certain factors that determine the car insurance premium and precise requirements for a user such as make of the car, model of the car, car class, year of manufacturing, present showroom price, car by fuel type, place of registration, number of kilometers used, and modifications done.
Some of the other things you must know about insurance of car, such as drivers age and experience, higher voluntary excess, level of cover, etc.
When buying auto insurance in India, one should compare varied aspects of the policy. Additional clauses the policy offers should also be compared well. The law for car insurance has been implemented very strictly. Driving on roads without one on Indian roads can get the driver into a major problem.