Experts say the rise in claim intimations should not increase the motor insurance premium rates as insurers take into account such eventualities while arriving at their pricing calculations.
Bajaj Allianz General Insurance
So, you have bought the car of your dreams. You saved every extra buck from your hard-earned money to meet your goals, and researched the car market thoroughly to ensure that you are investing in the best possible four-wheeler for you and your family. But, what about maintaining your car and ensuring that you protect it against any untoward harm in the future?
This is where car insurance steps in. A third-party liability motor insurance is a necessary mandate from the Government of India for any passenger or commercial vehicle plying on Indian roads. Considering that the road is always an unpredictable place where accidents, carelessness and sheer bad luck can bring harm to you and your vehicle, a good car insurance policy is a must to protect you against any damages caused to life and property.