The Ideal Shield for Your Carrier - PowerPoint PPT Presentation

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The Ideal Shield for Your Carrier

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While looking for car insurance don’t just see the plans of the few companies known to you. – PowerPoint PPT presentation

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Title: The Ideal Shield for Your Carrier


1
The Ideal Shield for Your Carrier
  • Blog Resource http//compareinsuranceplan.weebly.
    com/blog/the-ideal-shield-for-your-carrier

2
  • While looking for car insurance dont just see
    the plans of the few companies known to you. To
    get the best deal you must get more number of
    quotes. In a wider pool of choices, chances of
    getting the cheapest plan become more favorable.
    Dont just limit your search to the companies
    whose name you hear from friends, family or
    popular advertisements. Your car is your shinning
    glory it needs to be insured from a reliable
    insurer at the cheapest possible price.

3
  • Car insurance is categorized in two types
  • Liability only policy (Commonly known as third
    party insurance)
  • Packaged policy
  • Liability insurance policy covers the damages of
    the third person due to the accident whereas a
    packaged policy covers both the third party
    liabilities and own vehicle damages. A packaged
    policy protects your vehicle against

4
  • Natural Disasters Fire and related dangers,
    self-ignition, rockslide, storm, flood,
    lightning, tempest, inundation, hailstorm,
    earthquake, cyclone, landslide etc.
  • Man-made Catastrophes Break-in, terrorism,
    malicious act, robbery, civil riot, assault, and
    accident by external means as well as any
    destruction caused to your car while in transit
    by road, rail, inland waterway, lift, elevator or
    air.
  • Road-side assistance If your car breaks down in
    the middle of a journey due to punctured tire or
    engine problem or any of such sorts, you may use
    the service of road side assistance to merely
    call and get help from the nearest workshop.
  •  

5
  • Many in India go for only liability insurance as
    it is mandatory to have under the law. To save
    upon premium these practices are seen in the
    Indian market. These practices should be
    discouraged as an accident can cause huge
    financial losses on repair or replacement of the
    vehicle. Being a miser can pay you heavily in
    case you meet such fate.
  •  
  • By comparing car insurance online on specialized
    portals can get you higher number of quotes and
    thus you can be rest assured of getting the
    cheapest premium option. Different companies
    charge different premiums depending on your
    location and other factors. So effective
    comparing would only favor you.
  •  

6
  • If you have your car insured you need not be
    upset in case you get dents or bents on your car.
    Just drive carefully and leave the rest to God
    and the insurance company to make good for any
    loss suffered. Of course the insurance company
    deducts some amount as excess from the claim so
    that the car owner be cautious to avoid the
    damage or loss.
  •  
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