Car Insurance

Getting involved in an accident not only means damage to your vehicle but it also means having to face a tricky financial situation. While a third-party insurance policy is mandatory, it does not cover damage to your vehicle. Moreover, in some cases, even a comprehensive car insurance plan may fail to assist you. The solution to this problem is creating a custom policy based on your requirements through motor insurance add-ons. When you buy car insurance online, you can choose add on covers to extend the coverage provided. However, with numerous nuances of add-on covers, it is easy to find yourself lost and making the wrong choice. Hence, here are 5 things you should know about motor insurance add-ons to understand them better: What are they? As the name suggests, motor insurance add-on covers are optional covers that can be purchased in addition to a basic car insurance policy. You can do so to enhance your policy’s coverage and enjoy exclusive benefits associate...

Motor insurance has become a very important purchase in order to protect the owner of a care financially in case of an accident or any other untoward damage to the care. In this article, we look at the various exclusions made to covers of motor insurance plans:   ·         Zero depreciation cover: The main exclusion in zero depreciation cover is the deductible fixed by the buyer at the time of purchase of policy. ·         Consumable expenses cover: The exclusions in consumable expenses cover are any expenses made towards consumables not mentioned in the policy and any consumables related to wear and tear not directly related to claim. ·         Engine protector cover: The exclusions in engine protector cover include any wear and tear, mechanical & electrical failure and parts falling under warranty, loss or damage due to corrosion of engine or parts due...