If you have a bike or a car, then it is necessary for you to get vehicle insurance. If your vehicle is covered by insurance, then in case of an accident, you do not have to bear the expenses of the vehicle or treatment. Under the new Motor Vehicle Act, it has now been made mandatory for everyone to insure their vehicle.
New Delhi: If you have a bike or a car, then it is necessary for you to get vehicle insurance. If your vehicle is covered by insurance, then in case of an accident, you do not have to bear the expenses of the vehicle or treatment. Under the new Motor Vehicle Act, it has now been made mandatory for everyone to insure their vehicle. If you are caught driving on the road without insurance, you can be fined Rs 2,000 or imprisoned for three years.
This is the rules of insurance for vehicles
There are different motor insurance rules for all vehicles. There are separate rules regarding insurance for a two-wheeler, while there are separate rules for a four-wheeler. Talking about insurance, the first one is third party insurance. Under this, the insurance covers third-party liabilities. Under this, every damage caused by your vehicle to a third party or its property is covered under insurance.
On the other hand, if we talk about comprehensive motor insurance, insurance benefits are given on the death or disability of the driver, owner and passengers due to the accident.
These are the advantages of taking car insurance
You are compensated for damages caused due to accidents, riots, theft, terrorism, natural calamities like floods, storms, earthquakes and man-made calamities like explosions etc. On the other hand, if you take third party insurance cover, then accidental death, injury caused to third party is also covered. On the other hand, if you meet with an accident, then the insurance company bears all the expenses for your treatment.
How you can get insurance for your motor vehicle
If you want to take insurance for your vehicle, then you must have a passport size photo, driving license, PAN card, residence proof and a copy of the RC of the vehicle.
