subject: Reasons Why You Need Car Insurance [print this page] Accidents never give you a kind warning before they strike you down. You could be driving down a lane quite pleasantly before thinks take an abrupt and unpleasant turn. Now consider the situation: youre in an accident if youre the one responsible for it, then youve got to handle the repairs for your car, the other persons car and any medical bills that need to be paid. These could add up to a substantial amount, over all. Depending on how severe the damage is, you could get a lawsuit filed against you, which you would have to pay to defend. Even if youre not responsible for it youre going to have to wait until the other person pays up for it. If the other person is simply destitute and unable to pay for it then youre in a soup. If you were to hit some property like a fence or a wall, then youll have to pay for that too. You could avoid most, if not all, of these pitfalls if you have motor car insurance.
If you have a car insurance policy, you can at least be assured that youre going to have someone backing you financially when you most need it. Because accidents whether or not youre the responsible party can cost a large chuck of your income. Youd simply be unable to deal with the sudden surge in expense without having to sell off most of your belongings or assets. On the other hand, if you were to take a specific amount out of your monthly expenses towards paying for car insurance, you would have a financial safety net waiting for you if you should need it. Stepping on to the road is asking for trouble with traffic and road rage growing in such massive proportions.
As far as car insurance, Indias traffic rules require you to have it. Driving out without one could get you in serious trouble. But there isnt exactly a minimum limit on the premium that you should pay. You can decide the premium amount you want to pay, depending on the policy that you choose and the car that you drive. The premium also gets decided on factors like your age, gender, and driving history. This is where it pays to be responsible. For a monthly amount, you can have peace of mind, knowing that your family will have financial security, should you not be able to provide for them. So be sure that you cover all the needs that you feel you want, so that you can drive with an easier mind.
by: austin_steve
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