3 things to be sure of before buying third party car insurance
What do you think an insurance policy is? According to us, it is a fortification that protects your vehicle against the threats posed by the Indian streets. Thus, your insurance policy is the last layer of protection that you purchase before driving your car. However, when we talk about the best insurance policy, it doesn’t have to be the most expensive one, does it? After all, the best car insurance policy can be the most costeffective one; as long as it fulfills your needs.
THE 3 THINGS THAT ANY VEHICLE OWNER SHOULD BE SURE OF BEFORE OPTING FOR A THIRD PARTY COVER ARE HERE AS FOLLOWS:
Coverage that it provides: This is the first thing that you need to know before opting for a third party car insurance policy; after all, protection is more important than money. Thus, you want to ensure that you aren’t settling for anything less in order to save a few rupees; and then facing a major financial setback in the form of expensive car repairs.
Premium: The amount of premium that you are willing to shell out, is the second factor that you must understand before opting for a third party car insurance in India. The reason being; IRDAI (Insurance Regulatory and Development Authority of India) is the organization that decides the premium; thus, all the insurance companies have to settle on the same amount of money.
Multiple options: It is a myth that you don’t have any options when you purchase a third party car insurance policy- in fact, you have a number of them. For e.g., if you have an old car and are renewing your third party cover, then you have the option to either opt for a long-term policy or for a shortterm one. Further, you can even decide on the amount of personal accident cover that you want to be eligible for i.e. either 2 lakh or 15 lakh rupees.
HOPE THIS HAS BEEN HELPFUL, GOOD LUCK AND DRIVE SAFE!
Follow us on : https://www.facebook.com/DHFLGI/
https://twitter.com/dhflgi?lang=en
https://www.youtube.com/channel/UCUI5rWhub_POI2b8EQou 5vg https://in.linkedin.com/company/dhflgi
For more details on third party car insurance
Visit Here: https://www.dhflinsurance.com/third-party-liability -insurance/
Thank You‌