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Inquiry of policy
Hello Dk, Thanks for writing in. Car insurance is mandatory as per the Motor Vehicle Act. It covers you and your car from any risks and damages incurred due to the accident, leading to financial loss.
Car insurance policies typically include various types of coverage, such as liability coverage, which covers damages or injuries you may cause to others while driving your car, and collision coverage, which covers damage to your vehicle resulting from a collision. Other types of coverage may include comprehensive coverage, which covers non-collision damage to your vehicles, such as theft, fire, or vandalism, and uninsured/underinsured motorist coverage, which protects you if you are involved in an accident with someone with no insurance or inadequate insurance. Car insurance policies usually require a premium payment, which is the amount you pay to the insurance company for the coverage they provide.
The cost of car insurance can vary depending on factors such as the type of coverage and the make & model of the car. You can buy a car insurance policy here
