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Car Insurance Advice for Individuals Who Have Started Driving at A Later Stage

Cars are truly versatile vehicles. You can use them to run errands, commute to work, go for long drives, travel, and so on. That is why knowing how to drive a car is an important skill. However, for one reason or the other, some individuals learn how to drive a car a bit later than usual. If you are one of those, then you would know that driving a car comes with its own set of rules, including some legal ones.

Car insurance, for instance, is mandatory by law and should be bought by every car owner. Knowing how to buy and maintain the right car insurance policy is paramount to having a smooth journey with your car. Let’s take a look at more such tips.

Consider opting for comprehensive car insurance

As mentioned earlier, car insurance is mandatory for every car owner. However, this mandatory insurance, also called third party car insurance coverage, only covers liabilities that you owe in case your car ever gets involved in an accident and causes damage to a third party. Own damages are not covered.

This kind of coverage can be achieved by opting for a comprehensive car insurance policy. It covers damage to your vehicle due to accidents, several natural and man-made calamities, theft, fire, and so on. *

Buy car insurance online

If you are time-strapped, then there is no better option than buying car insurance online. Insurers have simplified, straightforward, and quick buying processes. As a late learner of driving, if paperwork and visiting the insurance branch intimidates you, then an online insurance purchase is always available. *

Get concession on your premiums with the NCB feature

The NCB or the No Claim Bonus is a feature wherein a policyholder who has not made claims during the car insurance policy duration gets a concession on their premium for the next year. One should not abstain from making a claim where major repairs are required just to enjoy this markdown. However, if the damage is minor and manageable, then you can handle it without making a claim. This also helps retain your sum insured for a longer period. *

Use a car insurance calculator

A car insurance calculator is an online tool that helps you get an estimate of the premium you will incur for your policy based on the details you enter, such as the coverage you want, the make and model of your car, its year of manufacturing, and so on. Knowing the approximate premium will help you curate a policy of your choice that is within your budget. *

Review the insurance provider’s credibility

Whether you are buying third-party car insurance or a comprehensive policy, ensure to pick a credible provider. Take a look at the claim settlement ratio, which showcases the insurer’s dedication to solving the policyholders’ claims, their IRDAI registration number, the number of network garages, and so on. You should also look at the reviews and testimonials left by other customers. You can visit the official website of IRDAI for further details. *

* Standard T&C Apply

We hope this article has been informative and helps you become a better driver. Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.

 

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