A car has to be one of your significant investments. However, when you buy a vehicle in a country like India, getting your vehicle insured becomes a necessity. Reason being, the roads here aren’t in excellent condition. Also, it is mandatory to purchase a third-party insurance policy as per the Motor Vehicles Act, 1988.
The number of vehicles running on road has increased visibly. So many cars are added onto the streets of India every year. The streets have become severely crowded and congested.With so many vehicles around you, you cannot guarantee the safety of your car. There are high chances of you being involved in any unexpected incidents, no matter how carefully you drive.
Therefore, here are a few reasons for you to start looking for car insurance:
- Not everyone follows the traffic rules
No matter how well-executed the traffic system is, you will always find people who won’t follow the traffic rules and behave according to their convenience. In cases like these, there are high chances of road accidents. Therefore, it becomes challenging to keep your priced possession protected from unwanted damages.
- Vehicle insurance is mandatory
People consider a motor vehicle as a threat to both life and property in public places. The Motor Vehicles Act makes it compulsory for people to get their cars insured. With the help of this motor insurance cover, the risk of damage by and to the vehicle is taken care of.
- The shape of Indian roads is not very good
It is a very well-known fact that the number of potholes on Indian roads is increasing every day. When it comes to going out for a drive, these roads aren’t really the best. Rather than building better roads, people spend extra to repair the already existing ones. Due to these bumpy roads, driving on roads like these have become risky.
- Covers theft
In India, vehicles go missing very frequently. If you want to avoid losses like these, get your car insured and deal with such incidents with ease.
- Keeps you stress-free
Next time you allow someone to borrow your car, you don’t have to worry about its safety. Just make sure your car is insured. According to the make and model of your vehicle, choose from a wide range of options that are available and select the one that best suits your needs.
- Gives you the benefit of great add-ons
If you select the right insurance plan, it will protect your car from all the damages caused because of accidents as well as thefts and unforeseen instances. Along with that, you also get to enjoy benefits such as roadside assistance that will improve your overall experience.
The points mentioned above must have given you a clear idea of why having at least third party car insurance is compulsory in India. But if you go for a comprehensive insurance plan, you will be protected against all kinds of damages caused to your vehicle. Therefore, it is suggested to get a reliable insurance plan to protect your prized possession.
