Your Car Insurance Does Not Cover This

In India, under the Motor Vehicle Act 1988, it is mandatory for all the vehicles to be insured. Failing to do so, if any mishap occurs and gets registered, it’s a problem. All this can lead to imprisonment and even paying excessive compensation to the other party who has suffered loss or death.

A car insurance policy is the best way to secure vehicle against any mishap. An insurance policy ensures that all sorts of issues/difficulties faced while driving are kept at bay. You drive your vehicle confidently and worriless on the road.

There are many types of car insurance policies available in the market that cover third party loss and other liabilities as well. You can compare various policies and choose the suitable one as per your needs and requirements.

It is very important to know clearly about what your car insurance policy cover includes and what does it exclude. You cannot claim what is not offered/ covered in it. It is recommended that you must research well about the things that your car insurance does not cover.

Do read terms and conditions carefully before buying an insurance policy. Enquire well about exclusions and all buts and ifs. It is not mandatory that every policy offers same type of covers and add-ons. If you have decided company from which you are buying a policy then do learn about what it is offering and what it is not offering to you.

Here we have jotted down things that are not included in your car insurance policy cover:

Major Exclusions or coverage that is not provided to you under a car insurance plan includes:

No Wear and Tear is borne: Regular or daily basis wear and tear of the vehicle which is basically the depreciation of your four wheeler vehicle is not included in the insurance cover.

Without License Driving Cases: Coverage for the damages/destruction/third party loss in case when a person with no valid license is driving your vehicle and lead to an accident/mishap.

Daily Basis Depreciation: Daily damage/harm to the vehicle’s accessories such as tires, gearbox, tubes, mirrors etc is not insurance company’s headache. This is borne by the vehicle owner in case any damage is suffered.

Loss or damage suffered by the vehicle during situations like nuclear war or international crisis is not covered in an insurance policy.

Loss or damage suffered during an accident when driving vehicle under intoxication such as alcohol, drugs, etc. Such loss or damage to your vehicle is not covered by the company.

Commercial Use: If you are utilizing your car/vehicle for commercial usage which has been bought on a personal license. Accidental damages in cases when a personal four wheeler vehicle is being utilized for the commercial use are not covered.

Always include useful add-ons under your policy plan that can prove to be useful ahead.

Your Car Insurance Does Not Cover This

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