Documentation such as a PUC, license, or insurance policy can be obtained at any moment. If you are unable to show the necessary papers, you will face difficulties. As a result, it is recommended that you obtain automobile insurance before driving.
Vehicle loss and damage: Everyone is aware that persons lack any kind of traffic management abilities, and that collisions between vehicles occur virtually every day, resulting in damage.
The main advantage of purchasing auto insurance is that it covers any costs involved with losing or destroying your vehicle. As a result, it is always prudent to exercise caution and obtain motor insurance before riding your bike or driving your car on the road.
Third-party liability (TPL) car insurance, which is mandatory in India, reduces your legal liability for any accidents you cause. TPL means that if you inflict bodily harm or property damage to another person or their property in an accident, your insurance will pay their medical expenses and protect you from culpability.
Hospitalization: Not every driver is lucky enough to be involved in an accident that results in only minor scrapes and bruises. If a mishap puts you in a difficult situation, you may need to be hospitalized. Instead of you having to pay the high hospital and treatment fees out of pocket, your automobile insurance provider will cover your medical expenses.
After your death, compensates your family: When a car owner dies as a result of one of the most horrific accidents, that is the worst outcome of a road accident. When the breadwinner policyholder dies, his or her family finds it difficult to meet their fundamental demands. As a result, motor insurance coverage supports the family in covering costs in the event of an unfortunate occurrence.