April 3, 2018 · Cars · (No comments)

Submitted by: Sahil Doshi

Owning a car is a dream for most of us, however it comes with a lot of risks as well, about many of which we rarely even think. Accidents can occur despite your great driving skills. Uneven roads, disregard for pedestrian rules and loss or stealing of cars are a few other risks that are usually associated with cars. In order to protect your car from all such unforeseen events, it is better to get your car insured. When you invest a good sum in purchasing your car, it won’t be really that big thing to invest a little more to safeguard it from all associated risks. Auto insurance is the perfect way of shielding your car from all such misoccurences. It also saves the owner from facing financial burden because of damage to the car or injury to a third party person. Therefore, it is important to go for some good auto insurance from multiple options available.

Safeguarding your car against different risks is a smart thing to do. According to the law in India, it is mandatory to have a Third-Party Insurance done, in the absence of which the owner is subjected to penalty. Besides the law, an auto insurance covers numerous other benefits as well, a few of which have been mentioned below:

1. Loss or Damage to the Vehicle

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Life is uncertain and so do accidents that can cause both minor or major damage to your car. A standard auto insurance comes with several benefits that helps you to bear the cost of repairing and gets your car back on road. Auto insurance covers man-made threats like theft/burglary, strike, malicious act, riot, terrorist activity and the damage caused due to natural calamities like fire, earthquake, flood, hurricane, storm landslide, etc. The insurance company compensates you for the financial loss due to any such damage.

2. Third Party Liability

It is up to you to get auto insurance done for your vehicle, however third party insurance is mandatory in the country under the Motor Vehicle Act. In case of an accident associated with your vehicle, an auto insurance policy covers the legal liability occuring due to an injury or death of a third party and also property damage of the third party. However, the compensation is limited for the damage of Third Party property, while bodily injury depends entirely upon the then situation.

3. Personal Accident Cove

Personal accident cover is also mandatory for the owner driver in an auto insurance policy. It covers permanent total disability and accidental death. An auto insurance policy also covers both the named as well as unnamed passengers up to the seating occupancy of the vehicle and paid driver.

Although the personal accident coverage for your car would depend entirely on the IDV (Insureds Declared Value) or the manufacturers listed selling price subtracting the depreciation for each year. Please note here that IDV is the highest amount payable in case of a claim for total loss or theft.

Conclusion

With so many benefits, it is necessary to have an auto insurance done, both for your wallet and for gaining peace of mind. This is one of the best ways by which you can safegurad yourself from enormous risks that come as your car steps on the road.

About the Author: This article has shared by Sahil Doshi who is a professional blogger and usually writes on general insurance policies in’s and out’s. In this article, he has shared some important points of auto insurance policy. To get more information kindly visit at

m.hdfcergo.com/insurance/CarInsurance

Source:

isnare.com

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February 25, 2018 · Cars · (No comments)

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byAlma Abell

Recycling auto parts is probably as old as the automobile itself and is often the best way to get the parts you need. For example, parts like lower A frames, connecting rods, suspension springs and hundreds of others are often reusable. Almost any component on the vehicle is salvageable as long as it hasn’t actually been damaged in an accident. Of course, the more mechanical the component the more likely it is that it will be worn, but that doesn’t mean it’s useless. For instance, replacing the engine in a car often requires one with an intact block. Your damaged engine may have overheated and cracked or frozen on a really cold night leaving the block busted.

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Many of the cars that are used for recycling come from people just like yourself who simply want an old clunker removed from their property. Perhaps you are tired of looking at an old car that needs too much work to get it back on the road. Companies like are always willing to offer Cash for Junk Cars Denver and most provide free towing to make the sale easier. Imagine the extra space that you can gain in the driveway by junking an old vehicle you no longer want.

You may not realize it but an old car can bring down the value of your property. Having the old vehicle sit around the property makes it look cluttered. Plus, if you have children the old car can be a source of accidents, some of them possibly severe. You can remove this problem vehicle by simply selling it to automotive recycling centers. They will haul it away, strip off any usable items then resell the remaining metal as scrap iron.

If you have a vehicle that’s been wrecked, but is too expensive to get repaired or you have an older car that you want to put back on the road, but simply can’t afford it then you may realize it is time to remove the vehicle and move on. Cash for Junk Cars Denver is the best way to get rid of these types of cars so you don’t have to worry about the problem anymore. Browse Site to discover the possibilities.