Car Insurance Quick Facts!
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A car/motor insurance policy is mandatory under the Motor Vehicles Act.
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The law mandates that every owner of a motor vehicle must have a motor insurance policy that covers third party injury, death and property damage.
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There are many levels of coverage that one can choose from, and tariffs vary from state to state.
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The more coverage you require, the higher the premium.
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Voluntary deductibles have a say on your premium. Higher the amount of voluntary deductible, lower is your car insurance premium.
Smart Tip: Buy Car Insurance Online and save 50% on your premium!
Royal Sundaram offers one of the best and most popular Car Insurance. Take a look at it here.
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on Friday, June 19th, 2009 at 12:19 am and is filed under Car Insurance, General Insurance.
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1 response so far!
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“Hi,
Thanks for your insight on Car Insurance in India.It would be very helpful if you could als give the list of accident policies offered. I think these types of online tools can help people to get better insurance facilities in future.
