An accident can happen at any time. The worst part is that, it doesn’t even need to be your fault! You could be driving extremely safely and due to someone else’s negligence, you could still end-up being involved in a mishap. Such an incident could cause extensive damage to your vehicle, and worse yet, physical injuries to you & your co-passengers. Though you cannot predict when such an event will occur, you can surely take safety precaution to minimize the effects of the same.
In regards to your car, you could install safety features such as ABS, proximity warning systems, etc. To safeguard yourself from injuries you can install airbags, drive safely & always wear your seat belt. But when it comes to protection from the financial costs of an accident – all you need is car insurance!
All plans should provide you cover from accidents, theft and natural/man-made calamities. They will compensate you for damages or total loss of your vehicle arising due to such incidents. However, did you know that, your motor insurance policy also provides compensation for injuries that occur during the accident? In fact, motor insurance policies provide not 1, not 2, not 3 but different 4 types of accident covers for injuries – we will be detailing them all so you know what to expect when buying an insurance policy for your car.
1. Third party accident cover.
This is a mandatory cover that all insurance companies will provide with a third party cover. … Read More