Car Insurance Benefits | Car Insurance
Read here 5 common Car Insurance benefits Damage or Loss to the insured vehicle, Personal accident coverage, Large garage network, Responsibilities of the third party and No claim bonus. Hope you will easily understand about Car Insurance benefits.
1. Damage or Loss to the insured vehicle
If your car breaks down due to an accident, fire, or self-ignition, you are safe. In addition, if the car is damaged due to theft or theft, strikes, riots, or terrorism, your insurance policy covers them. Another benefit of car insurance is that it covers loss or damage during transit by rail, inland waterways, air, road, or elevator.
2. Personal accident coverage
Another benefit of car insurance is that it covers personal accident for a fixed amount. Personal accident coverage provides protection against permanent disability, accidental death. In addition, the cover can be taken on an anonymous basis for other passengers (depending on the maximum seating capacity) for a default amount under the car insurance policy.
3. Large garage network
This ensures that you have access to cashless services at all these locations in case of need. This feature makes it easy for your vehicle to take advantage of repair services in the event of any damage.
4. Responsibilities of the third party
If your car is involved in an accident that results in damage or loss to a third party property, this car is covered by insurance. In addition, if you face legal liability in the event of a third party physical injury or death, your car insurance protects you from it.
5. No claim bonus
One of the major benefits of car insurance is the No Claim Bonus (NCB). The customer is entitled to this benefit for a year free from all claims. It may be available at a premium discount, which makes car insurance more affordable.