Tips for buying Car insurance is very important. While buying it, we must pay attention to some factors so that any fraud can be avoided. Let’s know in detail…
Buying the first car is the dream of every person. It is very important to take insurance for its safety. Being the first car, people are less aware of what cover they should get.
Today we will tell our report that what are the five things that are necessary for a car insurance buyer.
Things to consider before buying car insurance
Understand your need
Before buying car insurance it is very important to understand your requirement. If you are buying a used vehicle, then the age of the vehicle should be known. Comprehensive and third party insurance should be understood. Comprehensive insurance covers the damages caused to your vehicle during an accident, while third party covers the damages caused to third party members in an accident.
Research & Compare
While buying car insurance, you should compare the plans offered by the companies. Which insurance is giving you more facilities at a lower price? You should use online platform for comparison.
add-on
It is most important for you to get an add-on in the car insurance policy. Zero depreciation cover and engine protection cover etc. must be taken while taking a car insurance policy .
Check IDV Value
IDV value stands for Insured Declared Value. It should always be at least as much as the market value of your vehicle. If your vehicle is stolen and there is any damage in it, then the companies can pay only according to the IDV.
Terms and conditions
The terms and conditions of the insurance should be understood well. Otherwise, it is seen many times that insurance companies hide some of their conditions from the customers.
Third Party Insurance : Why is Third Party Insurance so important, know where it is beneficial
