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Tuesday, June 2, 2020

Car Insurance


Car Insurance

Car Insurance, the mandatory financial protection cover for your car that is availed to help
safeguard the risk of any damage to the vehicle in all unanticipated circumstances, is a policy
made compulsory in the country by the Government. Car Insurance covers all the monetary
losses pertaining to a road accident, car theft or unknowing damage caused by any third party
 to the vehicle when stationary and any other consequent liabilities. When it comes to the premium
of the car insurance policy, it is not static and can vary from high to low, depending on the Insured
 Declared Value (IDV) of the vehicle from time to time. Thanks to the existence of a number of
 renowned insurance companies in the market today, there are several different variants of policies to
 choose from.

Benefits of Car Insurance

There are numerous benefits of having an adequate and reasonably cheap car insurance
policy with maximum features, to one’s aid in times of need, which include,

1.     Facilitating financial coverage for all damages incurred to the vehicle during an accident.
2.     Providing economic support by all covering the litigations, if any, including any legal expense
 paid in lieu of the accident.
3.     Provides ample benefits to the ones who are left alive (and injured) in a fatal accident, resulting
in the death of one or more.
4.     Even if one doesn’t have the need to claim any amount during the period of the policy taken, there’s
 a ‘no claim bonus’ provided by most companies at the time of next policy renewal.
5.     Also has the advantage of getting premium discounts, if you happen to own more than one policy with a
single insurer or even in case of theft.
6.     The coverage scenarios extend to a great deal of events such as accident, theft, lightening, fire, explosion,
riots, self-ignition, strikes or any other natural calamity or even terrorism fallout.

Why Compare Policies?

Just as helpful as the several options available maybe, they also pose a great deal of confusion
in the minds of individual as to which one to opt for. Going with any policy without knowing your
options appropriately isn’t the way to go for you end up missing out on your ideal plan. Thus,
 it becomes critical to compare the different online car insurance policies offered by the varied
brands today and getting a professionally-done analysis can help a great deal in making a
sound decision. Here are a few aspects that indicate how the car insurance comparison assists.

1.     Different Quotes by Different Brands- Despite of having the same vehicle
type and vehicle brand in question, it may not be necessary that all insurance companies
 off same premium amount and same benefits. Thus, it is imperative to compare properly
and choose the best one, considering all factors.

2.     Option to Customize- When you get to comparing different policies online, you free to make a
 customized policy requirement in terms of choosing the type of policy, the IDV value and procuring
 relevant quotes accordingly.

3.     Discounts and other Add Ons Offered- Comparing the policies online at one go can help you
 make a comprehensive analysis of what discounts and add ons are being offered by several
companies. For instance, if one company is offering lower premium amount but the other having higher
 premium amount is offering additional facilities that you may otherwise end up paying more for on a later
stage, then you can have a clear picture and choose as per the total cost in mind.

4.     Take the Preferred Pick- If you have all the policies with the entire details alongside a comparative study
but still can’t decide, then, we help you see the trending policies by displaying the number of policies sold
recently for every brand, so you can go with the one that’s the preferred pick by majority of people.

5.     Claim Settlement Process- Claim settlement is a vital part of the insurance policy and each one expects
convenience in service and thus, it becomes much easier to know beforehand the claim settlement process
and be well acquaint with all the rules and regulations in advance so that a person with complex working
hours and less time on hands can opt for a plan with less complicated procedures.
weekroo Advantage
1.     Easy & Updated Comparisons from an array of big-small insurance companies
 that makes available a huge number of plans and policies to explore, analyze and
choose from accordingly. weekroo has a wide of network of associations with almost
all notable names in the industry.
2.     Comprehensive Analysis by experienced professionals, only after years of market study,
thorough knowledge of the changing terms and conditions of different brands, giving an impartial
 opinion in helping customers strike the best deal, acquiring maximum benefits at the lowest
possible price.
3.     Requirement Specific Guidance, based on the complete understanding about the client’s car type,
premium paying capacity and the kind of coverage required based on the extent of vehicle usability
and condition of the car etc.
4.     After-sales service to help an individual resolve any concerns/ queries about the policy taken,
premium amount etc., even after purchasing the policy. Be it the need for altering something or
 adding, weekroo is always there to help.

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