subject: Car Insurance – Is It A Joke Now? [print this page] Car Insurance Is It A Joke Now?
Why do we need car insurance? Insurance of a car serves a purpose that when there is an unexpected breakdown of the car, or the car meets with an accident or its stolen, the insurance company bears the expenses.
The expenses borne by the insurance companies have a catch to it. There will be many terms and conditions attached. There will be many legal statements, loopholes, and turnarounds in the entire document. One must ensure the presence of all the documents at proper place. The documents shall not be a forgery. After this long process of verification, one must fix his monthly rentals for his insurance of the car.
Nowadays, the car insurance has become more of a joke. You just need to give the money and the concerned person shall do the job for you in no time. Imagine auto insurance without drivers license. Yes, it is very much possible nowadays. Corruption has reached every corner of the society. In every industry, you will find corrupt people.
On a broader prospect and a longer run, we will the ones to suffer. Let me tell you how. Consider that you fetch yourself insurance for your car in a forged manner. Suppose you do not provide all the documents, in stead, you give him money to speed the process. He will be more than happy to do it for you as the scrutiny and verification is very low owing to the load of work.
Now, suppose somebody steals you car while you are sleeping. You go to the police control to file a complaint. After all the procedures, you go to the insurance company for a claim on your lost car. Now, the company will pull out your documents for verification. It is bound to find your missing documents. This is because the department that makes the insurance is separate from the department that processes the cases. This time they will confidently say that since you do not have proper documents, the insurance bond becomes invalid and you shall not receive a single penny as claim.
This is where you start to wonder what went wrong. Well, what went wrong was that at the time of your document verification, you did not provide all the necessary fulfilling papers. You can sit and calculate your share of the total loss that occurred because of one mistake.
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