Tuesday, November 8, 2016

Why you need to Buy Motor Insurance, Even if your car is Off-Road?

Why you need to Buy Motor Insurance, Even if your car is Off-Road?

Under the Motor Vehicles Act of 1988, all the vehicle are used for social, domestic or pleasure purposes and are covered by insurance. Under procurement of Chapter 11 oof this act, all the vehicles driving in public places without insurance is an offense and is punishable by law. Therefore, third party motor insurance is pre-requisite.

Insurance is a policy in which the insurer undertakes to pay the insured person a specified amount of money in the cause of any event. This insurance the policy protects owner if the vehicle gets damaged and also takes responsibility and pays for vehicle owner as per the law.

What does a Motor Insurance Cover?

Mainly there are two types of Motor Insurance. One covers only the liability while the other covers some amount of harm to a vehicle including the liability. This is known ad Own Damage which covers all the following types of Damages.

  • Fire, self-Ignition, Explosion, Lightning
  • Riots,strikes
  • Burglary, Housekeeping, Theft
  • Accidental external means
  • Malicious Acts
  • Earthquakes, Floods, Storms, Temptest, Inundation, Hailstorm, Frost, Cyclones, Hurricanes, Landslides, Rock Slides
  • Terrorism Act

However, if you are not using the car for a long time and it lies in the garage, paying insurance will bother you. Instead, it's better to pay for a third party motor insurance for your car for protection.


It  is generally believed that new cars are targetted by thieves, but there is no such rule. It is always difficult to find parts of old cars . Thieves are getting more money by stealing the old parts. But currently, there is an increase in the number of cars being stolen every year. So to protect your car, you should surely make insurance of it.

Physical Damage

Physical Damage can occur due to various reasons such as Flood, Earthquake, Fire or any other natural calamities. Suppose cars engine gets damaged due to flood water, then that can be covered under the insurance policy. Cars can also be damaged due to strikes, riots, terrorism, burglary, theft and malicious acts including man-made calamities. These all factors are covered in the insurance policy.

Use by Others

For example, if you have rented your car to a third party person, if any of the loss occur to the car then it can be covered under the insurance policy. Insurance Policy is offered various beneficial relief to the owner in many situations.

Wrapping it up

After reading this, you know already how much important is to have a car insurance. Evan if your car is off-road have insurance that fits well into your budget. Last Point, you don't have insurance of your car? Keep in Mind, you spend most of the time with car when you are free so it's better to have an insurance to protect your vehicle.

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