Motor Insurance

Owning a car or a two-wheeler is a necessity, whether you reside in a metropolitan city or a rural region. Driving on the road comes with its own pros and cons, and the biggest one is getting into an accident.

Therefore, a motor vehicle insurance policy secures you financially when your car or two-wheeler is damaged in a mishap. It also protects against third-party damage and theft. For that, you must take third-party motor insurance. 

Under commercial motor insurance, tractors and other agricultural vehicles are insured in rural regions, too. It safeguards agriculturists against natural calamities, man-made disasters, accidents, etc.

Get the best motor insurance policy from a Finhaat insurance agent to get overall coverage on your cars, two-wheelers, or agricultural vehicles.

Benefits of Motor Insurance

1. Provides Third-Party Coverage: Third-party car insurance or motor insurance provides coverage against liabilities that occurs due to damage suffered by the third party. The insurance company pays the injured people on your behalf. 
2. Coverage Against Mishaps: Plying on Indian roads is stressful because of increased traffic and reckless driving by other motorists. The motor insurance policy covers your vehicle against the damage that may happen due to an accident.
3. Helps Cover Legal Costs: Often the accident victims may sue you for the damages incurred. Motor insurance will help cover legal expenses that may otherwise burn a hole in your pocket.
4. Compensation to Family: Accidents result in death sometimes, and it becomes difficult for the family to look after the finances. Motor insurance pays lump-sum amount to the survivors in the event of a mishap.

For more details, contact motor insurance agent at Finhaat.