Advantages of having Car Insurance
Car insurance advantages: Owning a car is no longer a luxury in today’s world. It has become a necessity now because car’s has been used worldwide for travelling to save time instead of public transport. With the increasing number of vehicles on road, the law has made car insurance compulsory for all whether you buy a new vehicle or old one. There are two types of car insurance:
- Third party Insurance:
This types of insurance policy safeguards you against financial and legal abilities towards a third party.
- Comprehensive Insurance: This type of insurance policy covers your vehicles against damages due to accident, burglary, natural calamities like cyclone, sandstorm etc.
Below are major five advantages of having car insurance.
- Damage or loss to insured vehicle
You are protected against your vehicle’s damage due to accident, fire caused by self-ignition. It also covers if the vehicle suffers due to man-made disasters like theft, terror attacks, rampage etc. The main advantage here is that it covers the loss or damage to the vehicle during transit.
- Accidental coverage
The benefit of having car insurance is it provides personal accidental coverage for the insured amount. It also protects against permanent disability, death caused by accident. Other passengers can also be benefited on an unnamed basis under the car insurance policy.
- Vast network of Service Station
Teluscare provides vehicle servicing across UAE. So if in case you need servicing you may get cashless service as we hold a wide network of garages throughout the country. This feature may help reduce the cost of any repairs.
- Third party liability
If the vehicle is involved in any accident that causes any bodily injury or loss to any third party, It is covered under this car insurance. This also includes hospital expenses and property damage.
- No claim Bonus
Having no claim bonus is a very relief for the insurer, as it helps the insurer in getting discounts if he has not made any claim in the preceding year. This makes the car insurance more affordable.
Two more factors to be kept in mind before purchasing car insurance.
- Fast and Hassle Free process
- Customer care support
Click here to calculate, compare and to get quick quotes in a single click.