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Before Buying Car Insurance Policy, Know These 5 Important Facts

Before Buying Car Insurance Policy, Know These 5 Important Facts Before Buying Car Insurance Policy, Know These 5 Important Facts. Hello, My loving people on YouTube!


This video is about Premium Motor Insurance Policies Which You must make use of. To Know more Watch this Video.





5 Premium Motor Insurance Policies:


Premium Motor Insurance Policies You Must Know before you buy the Car Insurance Policy. These Policies are worth buying as they make more coverage to losses which are usually not covered by your general car insurance policies. Let's Go through it one by one.....





1. Zero Depreciation Cover:


If your car is less than 5 years old. Then this Premium motor insurance cover is worth it. The Zero Depreciation Cover ensures you get the full reimbursement for the cost of parts replaced and the value of damaged parts is not depreciated. This cover extends to repairing or replacement cost of rubber parts, plastic, and fiberglass.


2. InVoice Cover:


Adding an invoice cover to your standard motor policy will make you eligible for reimbursement of the full original amount paid for the car i.e the price as per the invoice. This cover is valid up to 2 years from the date of registration of the car and the car is new. Otherwise, in case of a total loss, the full IDV you get, the settlement amount is often much less than what you had actually paid for the car.


3. Engine Protector Cover:


This Policy covers the car for all non-accidental exclusions related to your engine. This is a best-suited policy for luxurious Cars.


4. Roadside Assistance Cover:


This Motor Insurance Cover provides support for basic on-road emergency situations like Tyre Puncture, Battery Jumpstart, Emergency fuel, medical assistance, etc. Which are actually not covered under your regular or standard policy?


5. Personal Accident Cover for Passenger:


Personal Accident cover is compulsory for Motor insurance policy holder. This cover is applicable provided the owner holds a valid driving license and he is able to drive the car. But, the passengers are not covered under personal accident cover. In such a case, Personal accident cover for passengers comes handy. This Insurance Cover will give you a coverage of Rs. 2 lakhs. The nominal price is Rs.50/-


These are some premium Motor Insurance Policies you must know. Hope you liked this video.





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