What is Car Insurance?
Car insurance gives the insured a financial protection against damage/loss caused by natural/man-made calamities, collision, third party liability, theft and break-in. The insured in return pays a fixed premium to the insurer on an annual basis.
Why Car Insurance?
Well, because it is mandatory to get a third party liability insurance. Moreover, getting a car insurance is the best way to financially protect the car against natural/man-made calamities, theft and accidents.
How to Get the Best Deal?
Getting and comparing quotes online before buying a plan is the ideal way to get the best car insurance deal. The insured should also check out for No Claims Bonus and voluntary excess to save on car insurance premium.
To get a new policy, proposal form and copy of the Registration Certificate (RC) is required. For renewals, the insured needs to submit copy of RC along with the copy of the previous insurance policy.