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Why covering your car with suitable policy is important? PowerPoint Presentation
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Why covering your car with suitable policy is important?

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Why covering your car with suitable policy is important? - PowerPoint PPT Presentation

sanjay2014
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Why covering your car with suitable policy is important?

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  1. Car Insurance

  2. Why covering your car with suitable policy is important? Car insurance is a mandatory product which has to be purchased if you wish to drive your car on roads. Also, it has to be renewed every year so that you drive safely without facing any financial losses. With so many companies to choose from, you might think doing a check for all the car insurance policies can be quite a task. Nowadays, there are comparison sites which offer car coverage with various benefits and features that will best suit your car requirements. These deals often help you save valuable money on your insurance deals.

  3. Today, an increasing number of accidents and vehicle theft have made it essential for people to have a suitable policy in place to cover up their financial losses. While buying a car, ask your insurer how much fluctuation are expected in the car insurance rates based on the vehicles you're considering. There are many other ways to reduce insurance rates, although you'll increase your potential financial risk. Approach an insurance agent who has thorough knowledge in this sector. Good agents not only help you to choose the most profitable policy, but also assist in filing the claim and getting reimbursement in case of any trouble. With the emergence of the internet, it is now easy to find out the most suitable insurance quotes. The authentic websites help you get insurance quotes from reputable insurance companies and ensure that you get the best deal possible.

  4. When an accident happens, you need to call your insurance company representative as soon as possible – even if you’re away from home or someone else causing an accident. It doesn’t matter how and where the accident takes place you own a suitable cover you be financially protected in any part of the nation. Although, filing a claim is a quite simple process, but it is important to do it properly or else the claim will prove null. Once you submit your claim form and relevant documents, the insurer will appoint a surveyor to inspect your vehicle and submit his or her report to the insurance company. You also get the details of the surveyor’s report. • If your vehicle is stolen, inform your car insurancecompany immediately and also lodge an FIR. Your insurance company will handle the claim process on your behalf.

  5. It is advisable don’t do any repair the survey inspection of the vehicle. Survey is scheduled as per the receipt of claim intimation and submission of the detail estimate of repair work from the repairer. Some car insurance providers may have the surveyor re-inspect the vehicle after repairs. In such cases, you should pay the garage expenses and obtain a proof of release document signed by you to release the vehicle from the garage after it is repaired. • So, it is important you let them monitor the damage to get maximum coverage amount. You can undertake repairs only on completion of the survey. Once the vehicle is repaired, submit duly signed bills/cash memos to the insurer.

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