Car Insurance

Car insurance is extremely important and mandatory too! However, current reports show that a vast populace is not insured. Moreover, if you ask individuals, many will tell you they wish they didn’t have to pay for motor insurance . Well, this article will highlight the importance of such policies to reinforce their need if you drive your vehicle on Indian roads. Without car insurance: Driving your car on Indian roads without a valid motor insurance policy could result in numerous fines and even jail time. This is because, because of the Motor Vehicles Act, car insurance is mandatory. Driving your car without a valid policy could invite a penalty of Rs. 4,000 and jail time of up to 6 months. Liability: Besides for the fines, car insurance covers your liability towards others in case they suffer injuries or their property is damaged due to an accident that you are involved in. Without a motor insurance policy, you’d have to cover these costs out of your own pocket. However