Your car is your most prized possession but have you thought about what will happen if some damage befalls upon your beloved car. So you will have to go for car insurance while you buy a car. Read on this article on how to go for an automobile insurance.
Before we proceed, let’s get to know what exactly car insurance is. Sometimes while driving a car you may have an accident. In such a case there is a high level of chance that your car may get damaged. Car insurances guarantee you don’t have to worry for the damage that your car has gone through. Actually most of the countries have made basic car insurance mandatory. The need to have car insurance is simple; you don’t have to replace your car which already burnt a hole in your pocket with another car. There are different types of car insurance policies some of them are mentioned below:
First Party: Here the insured that belongs to the first party i.e. someone who has an accident is paid by the second party who is the insurer either by itself or someone else who is the cause of the accident i.e. the third party.
Third Party Insurance: Here the first party is wholly responsible for whatever damage is there either by itself or by the third party.
These two are the main sought after car insurance policies. Other policies that you can opt for are Fully Comprehensive Auto Insurance Policy and Specialized Car Insurance especially if you have care that is more than 25years old. It all depends on which policy that you want to prefer. So go and grab a car insurance policy today and save your car from eternal damage.
First Party: Here the insured that belongs to the first party i.e. someone who has an accident is paid by the second party who is the insurer either by itself or someone else who is the cause of the accident i.e. the third party.
Third Party Insurance: Here the first party is wholly responsible for whatever damage is there either by itself or by the third party.
These two are the main sought after car insurance policies. Other policies that you can opt for are Fully Comprehensive Auto Insurance Policy and Specialized Car Insurance especially if you have care that is more than 25years old. It all depends on which policy that you want to prefer. So go and grab a car insurance policy today and save your car from eternal damage.
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