It might occur to a lot of us that I drive very carefully on the road and follow every traffic rule in the book. Why must I spend money on something that will not get me any benefits? Yes, we are talking about car insurance. It is no secret that a sizeable chunk of the car owners feel insurance is a burden that one must bear. If you also feel the same, here are some amazing things about car insurance that you ought to know right away.


If you have a car and are driving the same without a valid car insurance, it is illegal to do so. According to the Motor Vehicles Act of 1988, it is mandatory for car owners to have a valid car insurance on them while driving. Should a traffic police get hold of you in such a state, there is a hefty fine that you must pay along with some other consequences. To keep yourself away from any such unwarranted worries, buy a car insurance.


When you do your due diligence and spend some time in understanding a car insurance, there are a lot of potential savings that you can have. It is like having the best of both the worlds, getting yourself and the car covered while not having to pay much for your car insurance premium. You can cut down your insurance premiums with the help of NCB or No Claims Bonus, setting the proper IDV, by joining automobile associations or by installing security devices.


As a consumer of the policy, you have two primary insurance types to choose from, third-party liability and comprehensive insurance. Third party liability is the bare minimum policy that you must have so that you can drive without any concerns. In the event that you meet with an accident and that results in injuries or damages to other individuals or property, the policy takes care of it.

A comprehensive insurance, on the other hand, covers third-party liability and other features. Features such as own damage, personal accident cover and so on.

Premium Amounts

When it comes to the third party liability insurance, the IRDAI decides the same and the insurers must adhere to it. However, for comprehensive insurance factors such as IDV, other discounts, NCB, etc. decide the premium amount.

Reliable Information About Your Car Insurance Needs

New cars almost always come along with an insurance. However, if you wish to renew the same you can do the same online. Going online helps you save substantially on your car insurance premiums. For starters, you do not have to go through agents, thus those benefits are passed on to you. Secondly, there are several websites where you can compare the features, benefits and insurance premiums. Comparing car insurance policies essentially makes way for you to get hold of a better policy without paying too much. Thirdly, there is lesser documentation and the turnaround time is quicker when you buy a policy online.

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