
Benefits of having a Car Insurance Accidents and mishaps on roads are unfortunate events that might occur on roads. They can leave tremendous life time burden if you are uninsured. Haste and negligence along with poor infrastructure and lack of safety practices make us at the risk of road accidents in India. One may be a good driver but the risk of falling under someone else’s negligence cannot be ignored. It is always beneficial to have a car insurance to relieve the financial and mental stress. The Motor Vehicle’s Act, 1988 also mandates having a car insurance for every category of motor vehicle including a third party insurance. A comprehensive motor insurance policy would cover your vehicle damages and also the damage to the occupants in your vehicle in case of an accident. It is mandate to keep the document in the vehicle at all times. A comprehensive motor insurance policy covers your liability for third party damages and any vehicula...