Why is buying comprehensive car insurance a smarter choice?Buying comprehensive car insurance is a smarter choice
because it offers a dual benefit of third-party coverage as well as own damage.
Plus you can choose add-ons which will further enhance the scope of your
insurance policy.Why is comprehensive car insurance more expensive
than third-party policy?Comprehensive car insurance is more expensive than
third-party policy because a third-party car insurance policy covers only
the damages caused to the third party person or property. It offers the
most basic coverage.On the other hand, a comprehensive car insurance
policy pays for the damages caused to your car as well as injuries caused
to you, along with compensating the third-party. This extended coverage
makes comprehensive car insurance more expensive than third-party policy.Why is buying third-party car insurance mandatory in India?Buying a third-party car insurance is mandatory in
India because, it ensures that the third party liability, damaged/ injured
in an accident involving your car, will be compensated for the loss. It
covers the cost of treatments for a person injured due to your car and
compensates for the loss occurred due to the damaged property.
Can I switch from a third-party policy to a comprehensive policy on renewal?Yes, you can change the type of your car insurance policy.
Your car will be thoroughly inspected before your policy approval. So,
just make sure to get those pre-existing dents on your car repaired,
before inspection.What are the best add-on covers for a comprehensive car insurance policy?The best add-on covers for a comprehensive car insurance policy are:Zero-depreciationNCB protectorRoadside assistanceReturn to invoiceLoss of personal belongingsBuying an add-on cover totally depends on your personal
requirements. So, it is very important to access them before choosing the
right cover and to not overspend on car insurance.