Buying a Car? First Think about Insurance

We all get super excited with the very thought of buying a car. It brings in a whole lot of energy in the family and friend circle, quite rightly so. It starts a chain of endless discussions on whether hatchback is better or SUV or sedans. When you finally zero down on buying a car, you take additional decisions regarding accessories. We usually tend to forget the importance of car insurance while purchasing a car. As most of the car dealers provide the first insurance along with the car purchase.

We are constantly on the lookout for saving money, which knowingly or unknowingly puts insurance on the back foot. Quite often it becomes a thing that needs to be purchased or renewed once a year. And soon takes up the role of burden, which is quite unjustified actually. Covering your car with insurance is the best gift you could shower your car with apart from timely maintenance. Even though the dealer would provide you with insurance, it is essential that you know your way around the same.

Do I need it?

Absolutely yes. The law commands that every car in India should be covered with insurance for it to be legally on road. Additionally, insurance covers your expenses that might arise from a situation like accidents or damage repairs for your car. The seemingly insignificant decision of purchasing insurance can help you in crunch situations and make sure you walk out of it without setting you back much financially.

Why should you get  Car Insurance?

There are lots of advantages and benefits of purchasing insurance for your car. Some of the most distinguished ones are as follows:

Damage Control

If you thought that the  car prices are increasing substantially, wait until you get a taste of their repair costs. No matter how carefully you drive, someone from some end might collide with your car, causing damage. Another common scenario is that you see someone stuck on the road and in order to save them, you move away resulting in crashing into a wall or road dividers. There are many such unavoidable situations where you might end up on the receiving end. Having car insurance at such times means that you don’t pay for these repairs from your pocket.

Third Party Liability

There might also be situations where you are not at the receiving end. If you get into an accident and it causes damage or injury to property or someone, your insurance will compensate for the same. This keeps you away from any legal consequences caused due to the case. Also driving a car without this minimum set of insurance opens up gates for hefty fines. If you don’t like to pay fines, renewing or buying car insurance is a much better proposition.

Add-Ons

Car insurances allow you to pick and choose additional features for your policy at nominal prices. You can go for the most common pick of Zero depreciation cover or choose to benefit from roadside assistance. Add-ons give you the option to reduce the insurance premium amount using deductibles and at the same time cover up for your loved accessories. The level of customization is just intense, and one can surely find what they need for their car.

Garages

Insurance companies are constantly increasing their list of preferred garages where you can get cashless repairs done for your car. This gives you more options to repair your car next time it is damaged. You can always pay for the repairs and reimburse the cost, but cashless transaction makes the process much more easier.

Conclusion

Getting insurance for your car should not be neglected at any costs. The benefits that you receive  outweigh the premium costs that one is usually worried about in the case of car insurance.

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