A 5-step Guide to Buying Car Insurance Policy
Getting a car insured can be seen as an owner's legal duty. Buying it can require you to make multiple selections and pass through certain processes. This is a 5-step guide that aims to introduce the ideal way of selecting the best car insurance policy in India . As a part of this guide, we have explained the importance of knowing the types of car policies, knowledge of IDV, and add-ons. Keeping in mind the right coverage needed for your vehicle's insurance will also be helpful. 1. Find the Type of Policy Needed Car insurance policies can be of different types. When you connect with an insurance company specializing in such policies, you will be able to know the types. Based on the policy type, the coverage will be small or big. There may also be different rules in the case of death, accident, or damage to the car. 2. Choose an IDV for Your Vehicle IDV related to the Insured Declared Value. When a car insurance policy is purchased, the sum that will be assured will depe