Buying a car is a very important factor but maintaining this is a much bigger task. We all are incredibly much aware of how perilous roads can be; and who doesn’t want to become insured against such odd possible dangers? Be it negligence, carelessness, or sheer bad luck, it could be your bad day therefore if you haven’t already, it’s about time to renew your vehicle insurance policy.
Why should you Renew?
The idea of an insurance is to protect you from financial damages, therefore, in the case of cars, it becomes an absolute necessity. Here are three basic explanations why you should renew your policy immediately
It is Mandatory for legal reasons
As per the motor laws of India, it is mandatory for each car to be covered under a valid car insurance coverage with a minimum of third-party cover. If you drive an uninsured car, it’ll be considered illegal in India, and you will be heavily fined. Should you end up being caught today; prepare yourself to empty ₹2,000 off your pocket, and if it’s your next time, ₹4,000 it really is.
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