Motor Insurance
About Motor Insurace
Motor insurance, also known as auto or vehicle insurance, is a type of insurance policy that provides financial protection against losses or damages associated with operating a vehicle, such as a car, truck, or motorcycle .In India Motor insurance is mandatory to owners mitigate the financial risks associated with owning and operating a vehicle, providing peace of mind and protection against potential losses or liabilities.
Importances of Motor Insurances
Financial Security
Insurance provides coverage for repair or replacement costs of your vehicle after an accident, preventing significant financial strain.
Liability Protection
It safeguards you from bearing the expenses of third-party injuries or property damage resulting from the accident, covering legal liabilities.
Personal Injury Coverage
Insurance helps cover medical expenses for injuries sustained in accidents and may compensate for lost income during recovery.
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