Auto insurance provides protection for your vehicle from losses and damages. It covers repair and replacement costs from accidents. It also pays liability claims if you injure someone else or damage their property. Different types of vehicles are eligible for auto insurance, including private cars, two-wheelers, and commercial vehicles that carry goods or passengers. When buying auto insurance, you need documents like your birth certificate, addresses, and social security number.
2. Have you bought the protective shield
for your automobile
Right from a long drive with family and friends to
reaching office in time, people are highly dependent
on their cars and bike. Be it a Mercedes or
BMW, automobile consider a huge investment at your
end but think what happens if you lose your beloved
car? Don’t worry! Buying auto insurance would
resolve your problem to a great deal.
http://www.onlyaboutfinance.com/2012/1
2/25/auto-insurance/
3. Benefits of auto insurance
Customers are expected to get amount spent of the
repairs and replacement of different parts of the
vehicle.
Sometimes the small expenses becomes a great deal for
us. Auto insurance covers all these small expenses up
to one thousand rupees.
http://www.onlyaboutfinance.com/2012/1
2/25/auto-insurance/
4. Claims for liability
• In case of uncertain death or serious
injury to the third party, the grants extend
to the unlimited claims.
• Liability is only paid to the driver
• Expenses are also paid to the third party
in case of damages up to Rupees 6000
http://www.onlyaboutfinance.com/2012/1
2/25/auto-insurance/
5. Types of vehicles come under auto
insurance
i. Private car
ii. Two wheelers
iii. Commercial vehicle
a) Goods carrying vehicle
b) Passenger carrying vehicle
http://www.onlyaboutfinance.com/2012/1
2/25/auto-insurance/
6. Documents required for buying auto
insurance
Few basic things that you should collect before going
for auto insurance are your birth certificate, address
where the automobile will be kept, residential
address, along with the zip code. Some of the insurers
also require the social security while buying up the
insurance.
http://www.onlyaboutfinance.com/2012/1
2/25/auto-insurance/