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Month: December 2018

Why it’s important to have insurance even for a parked car

Why it’s important to have insurance even for a parked car

Car insurance not only protects you from the unprecedented accidents but also provides you with the much-needed peace of mind. The reason why an appropriate insurance is required is that you never know what might befall upon you: you might get into an accident or be a one to cause an accident. Thus, it is important to opt for a suitable insurance cover to ensure that your journey is safe and sound- without any sort of hassles. And, as to why you need to drive with peace of mind, is because it helps you to stay focused and ensure that you don’t run into an accident. However, what if we told you that you even need a car insurance policy for a vehicle that is parked? At first glance, it doesn’t really seem like a valid question because every parked car runs on the road and you need a third-party cover to drive on the Indian streets. However, what if you haven’t used your car in a while? Do you still need an insurance cover? The answer to this question would be a big “YES” because:

  • It is mandatory: Yes, you read it correct! You need to purchase a car insurance policy, even if your vehicle is in your garage and is not being used. Because the government of India has made it mandatory for all the vehicle owners to equip themselves with the minimum criterion of a third party insurance cover. Also, many-a-time, people often drive their vehicles without
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