covers your car against risks like theft, accident, explosion etc.
Comprehensive car insurance has many benefits and might be a good idea if you own a new or expensive car or are prone to Risk factors associated with the specific benefits of car insurance
We all know that car insurance is mandatory in India and most of us would also be avail of the different scopes available in car insurance. But what is comprehensive car insurance and what are its benefits? What difference would comprehensive car insurance bring to you and why should you choose it for your car insurance policy?
One of the key aspects about going for comprehensive car insurance is that you could relax and rest Assured of your ability to make car insurance claims in the face of most of the troubles that you could conceive of, through comprehensive Coverage in a single car insurance policy. The typical aspects that would make you eligible for car insurance claims include damage to car both from natural as well as man-made causes, where damages on account of acts of terrorism as well as own damage are included, providing personal Accident and liability cover against a range of possibilities that could translate into costs.
While you may want to check with your TPA or insurance provider for the exact specifications as may be applicable to your car insurance policy, you could expect the following to be covered by your car insurance:
Typhoons, cyclones, hurricanes and storms, earthquakes, floods, lightning, landslides, frosts, tsunamis, and every other possibility that you could conceive as resulting from the fury of nature.
Acts of terrorism, riots and strikes, damages incurred when the car is in transit through road, waterways or airways, arson and theft as well as other accidents caused by external causes.
You could make car insurance claims for costs of injuries incurred when driving, boarding or dismounting from the car, along with having the option of adding on costs of injuries caused to passengers of the car.
All instances of deaths and damages to property or people are provided protection against with this type of car insurance
What are the Exclusions under Comprehensive Car Insurance?
As with any other car insurance policy, there are exclusions in car insurance as well. You may not be eligible for car insurance claims in the following cases:
Who may need comprehensive car insurance the most?
Your need for this kind of car insurance policy depends on a few factors, which would guide you if going for comprehensive car insurance would be justifiable: