The Absolute Need for Buying ICICI Car Insurance India

There are many good reasons to buy an insurance plan for vehicle in India. However, there are still many who wish to know why it is an absolute necessity to invest in one.

Cars form a significant part of an average individuals life today. This is also the reason one doesnt mind spending huge amounts of money on buying a car. A lot is seen and expected during the purchase. Right from comfort to the reputation of seller, social status of buyer, usage, and benefits offered. Most of all, for a greater section of society, buying a car is a huge investment. Now the question is why invest in an insurance plan for car when you have already spent so much on the car itself?

Well, the answer is simple to protect your investment.

Yes, the investment you have made in your car will go in drain if you dont focus on buying a car insurance plan immediately upon the purchase of a vehicle. There are many threats a car is open to on Indian roads. Right from accidents to theft and third party damage, your car may land you in trouble; financially and physically. The mental trauma due to the combination of these two problems is immense. The best way to keep away from these problems is to buy icici car insurance plan.

The Dependence on Vehicles

Dependence on vehicles has increased tremendously. In fact, it is quite difficult to imagine life without a vehicle, these days. This has also increased the need for car insurance plan. There are many good reasons to invest in icici motor insurance plan. Here is why buying insurance plan for car is a must for all:

The Vehicle Insurance A car insurance plan is actually an effective and prudent way in which you can ensure 100 per cent safety for your car. Your prized possession is vulnerable to many risks and threats once it is on road. To avoid and alleviate the impact of these risks, it is crucial to buy icici car insurance plan.

Accidents on the Rise It is no secret that the numbers of accidents are on the rise, these days. There are many reasons behind this. People dont follow effective precautions while driving on road. They over speed and even violate traffic rules. This is a threat for other vehicles on road. Accidents can lead to a lot of problems. Right from serious injuries to permanent disability, and death, the car owner can encounter with many problems during an accident. Damage to vehicle during an accident is massive. Coping with expenses related to health emergencies and car repair due to an accident is not easy. Buying an insurance plan is! It will take care of it all! You just need to take care of paying premiums on time.

Saves Money

Car insurance covers the repair and replacement of the vehicle, as per the demands of a specific situation demands. This reduces unnecessary burden on you. Paying a one-time whopping amount on repair and replacement expenses can be devastation as compared to paying only a small amount, in the form of premium.

Exciting Cover Facilities

Buying icici motor insurance will typically include cover for loss or damage due to a number of unforeseen situations such as fire, accident, external explosion, liability to third party, and many more.

Easy Process

Buying a car insurance plan is easy. All you need to do is log on to the World Wide Web and buy the best plan that suits your requirements and budget. It will save a lot of your time, money and energy.

Compulsory by Law

You must know it by now that buying a car insurance plan is obligatory by law for all car owners. Driving vehicles on road without carrying a valid insurance plan is a legal offence

Thefts and Burglary

Number of cases related to car thefts and burglary has increased these days. Despite many attempts of car owners to make their vehicle theft proof, things are getting really difficult. Buying an insurance plan is the only answer. It will help you get compensation for the stolen car and save you from financial trauma.

The Benefits at a Glance
Buying a car insurance plan will cover you against all kinds of man-made and natural disasters including the following listed below:

Natural Calamities:
Fire
Self-ignition
Explosion
Earthquake
Lightning
Hurricane
Flood
Rockslide
Typhoon
Inundation
Storm
Hailstorm
Frost
Tempest
Landslide
Cyclone
Man-made Calamities:
Burglary
Terrorist activity
Riot
Theft
Accident by external means
Strike
Malicious act

Damage in transit through rail, road, inland waterway, air, lift, or elevator
Today, buying a car insurance plan is not a challenging job. All you need to do is use the power of internet and decide on a plan that you need to buy. It is time to bid adieu to the time consuming processes of meeting agents, going through tedious paperwork, and allowing someone else to make a choice for you. The entire procedure of buying insurance has been streamlined through the advent of World Wide Web. The process is lucrative and environmental friendly (no paper work required).

In India, vehicle owners need to buy icici car insurance plan for many reasons. Right from being obligatory by law to the kind of protection it provides to the vehicle and reimbursements guaranteed for car owners, there are many good reasons to purchase icici icici motor insurance plan. Hence, it is not wise to keep away from the plan just to save a few bucks each month. Seeing the kind of benefits it offers to vehicle owners, it is crucial to buy one as soon as possible.

Devika Pandit presently a mother of two and a housewife works as a freelance writer. Her contributions are shared in esteemed finance magazines. A Masters Degree in Finance from Pune University helped her bag a reputed position of Finance Officer in a renowned organization. During her job tenure she managed accounting systems and reports for the organization. Her main responsibility involved making approvals for budget modifications and developing short and long term goals for various organizations. Her advice and guidance worked wonders for many organizations and individuals. After delivering a child, she preferred resorting to her motherly duties and gave up the full time job. However, the financial instinct within tickled her often. Today she writes for investment and finance departments of various magazines and newspapers. Her articles are also posted online. Devika Pandit  motto is to enlighten people about the complex subject of Finance and spread awareness about the latest financial trends, federal laws and regulations. Her writings serve as valuable guidelines for people in developing financial policies and practices. Devika Pandit years of experience and vast knowledge in the industry are turning wheels for many.

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