What is car insurance (Auto Insurance) 2020

We spend a lot of time looking for new models, huge safety features, which we love them! But most of us don't know about car insurance and the facilities involved.

Here we have prepared a detailed guide to you about car insurance, all related things you always need.

motor insurance

Car insurance You must pay an annual installment to benefit from it. If you are lucky and you claim a deep accident, you will lose the amount of installment paid for security. On the other hand, non-tabular vagus is found, which is quite true - starting at 20% of the installment in the first year and going up to 50% under the sixth year - that is why there is no pressure hours. It is recommended that it be done.

The value of your insurance policy on the IDV depends on the amount of your vehicle's declared insurance, the maximum amount the insurance company will pay you; It is almost equal to the market price for cars. So, when you buy insurance for a new car, the IDV is calculated based on the price of the showroom listed. However, IDV for cars is not stable.

When you renew your car policy after one year, your IDV reduces, as the depreciation rate applies if the vehicle comes from year to two years.

IDV = (Assured Insured Value - Depreciation) \ t

However, a price that is lower than the actual market price is not recommended. This is so, even if you pay a small installment, you may be less likely to pay for the damage.

You will also need to re-establish the policy at a given time. Otherwise,     there is a risk of overpayment. This period is usually 90 days.

What does car insurance cover?

  • Damage or waste from natural disasters
  • Damage or waste from man-made disasters
  • Third-party liability
  • Personal injury cover

What is not covered by motor insurance?

The insurer does all the work to protect you from the negative consequences, but there are some exceptions. These are not usually covered by auto insurance.

When you are driving another person's car, when your driver is uncomfortable driving your car. when the car owner is under the influence of alcohol or drugs as a result of the damage. If the driver does not have a valid license, loses the right to drive, or the vehicle is lost or damaged as a result of the war, the area will have mechanical or electrical damage, car radio players will have a further failure of color. in normal and limited work.

Get car insurance

From a lime insurance company, you can buy your car insurance and get your claim online. You can also use the free garage facility to repair your car, which means that you don't have to spend a penny to repair the car until you get the service under the supervision of the garage. . . If your vehicle is served once on its network, you can claim a refund.

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