Most people often opt for the cheapest car insurance policy only to regret their decision later when their motor vehicle is stolen, involved in an accident, or while the vehicle is being sold. Like any other type of insurance, buying auto insurance online or offline ensures that your interests as a policyholder are protected in a variety of situations. Since it is mandatory to register for a third-party car insurance policy in India, it automatically protects car owners from accidents caused by the policyholder. For example, if an accident caused by the policyholder damages another person's vehicle or damages the person, the policy protects the policyholder from legal consequences and pays for the treatment. Another benefit that auto insurance offers is that it pays for damage, as accidental repairs are quite expensive, especially when the damage is done to someone else. However, this insurance coverage helps policyholders breathe easy as the insurance company foots the bill in such cases and doesn't burn a big hole in their pocket resulting in unexpected costs.
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