Who doesn’t want to drive around in a Sports Utility Vehicle (SUV)? We’re all aware that this car has its own charm. Therefore, it becomes even more essential to protect it. The first thing to be kept in mind is to follow road rules and drive with care. Another thing to keep in mind is purchasing an extensive car insurance policy to reduce the financial losses if any mishaps involve your insured SUV. It is also essential to know that having at least a Third-party Liability policy is mandatory in India.
Given below is the ultimate guide for you to choose the best car insurance policy for your SUV:
- Types of car insurance plans
It has now become very convenient to insure your car. Due to digitalization of the Indian insurance industry, you can insure your SUV online as well. There are mainly two types of car insurance policies- third-party car insurance policy and comprehensive policy.
A third party car insurance plan is a basic one. Whereas a comprehensive one is extensive because it includes third-party policy as well as covers your SUV against accidents, calamities, theft, etc. Another benefit of comprehensive plans is that you can also opt for necessary add-ons. You won’t be able to purchase these add-ons individually or with a third-party liability policy.
- Additional coverage
Add-ons are tremendously beneficial as they give you extra protection along with your primary coverage. It indeed increases the premium of your car, but it also offers enhanced coverage. You must know what your requirements are and opt for the ones that will add value to your policy.
If you have an SUV, there are chances you might go for long road trips. These trips might get rough, and anything can happen to your priced possession while you’re on the road. In cases like these, you can opt for a Roadside Assistance add-on cover. With this cover, you can quickly contact your insurer for help. They will immediately help you by sending a mechanic or towing your car to the nearest garage. Other than this, there are also some popular and useful add-ons such as Zero Depreciation, Lock & Key Replacement, etc.
- Comparing car insurance policies
To find the right car insurance company as well as policy for you, comparing car insurance is vital. Analyzing policies online before purchasing will also help you in finding a low-priced insurance policy, that too without having to compromise on the coverage.
- Timely renewal
Buying a car insurance policy for your SUV isn’t enough, you need to keep renewing it from time to time for keeping it active. If your policy expires, it won’t be considered a valid policy. If you drive your car with lapsed policy, you might be charged a penalty for the same. Therefore, it is always better to remember car insurance renewal when your policy nears its expiry date.
The points mentioned above must have cleared most of your doubts already. However, if you still have queries, you are free to visit your insurance company’s website and check all the details for yourself.