Car Insurance & Two Wheeler Insurance- An Absolute Must

By Author: Pranav V Sharma
Total Articles: 141
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There is always a kind of excitement in riding the pillion in to the wind, an experience that is not found elsewhere. No matter where you look for such pleasure you aren’t going to find it. Similar is the adrenaline inducing experience of sitting behind the wheels. The thrill and the joy of experiencing such drives is more than what a normal person would have estimated. It is also a known fact that once a person embark on their first maiden drive they are subsequently hooked to the pleasure and adrenaline rush that it provides. But in these entire pleasures one must not forget to protect and safeguard themselves from the peril of this activity with two wheeler insurance or car insurance.

A bike or a car is not just for emotional enriching but also has practical aspects to it. Possessing a car or a bike, many owners will testify, saves significant time and money. The only disadvantage of owning these mechanicals is that of a road accident or theft. It is very often that we hear of road accidents involving a bike in which the rider lost balance and ended up injuring himself and damaging the bike. Similar is the case with ...
... a car, driving on freeways such as Mumbai-Pune expressway is also very risky. Often times we hear of the grotesque accident involving a family and the subsequent tales of their ordeal.

Amidst all this, the riding enthusiast will tell you that there is something called as ‘dangerous fun’, which for the most part seems fine; but what about those scenarios in which the activity turns out to be simply dangerous devoid of any fun. This is the situation where you need something to fall back on, a comforter; namely car insurance or two wheeler insurance.

A good car insurance policy will protect the owner from the serious consequences that may arise out of a road accident.
It protects the owner of the vehicle from the after effects of a road accident i.e. personal injury, damage to the vehicle etc. the financial implication of such an event can be disastrous for any individual’s long term financial stability.

Almost all two wheeler insurance or car insurance provides cover against theft of the vehicle. In this scenario the need for theft cover is greater for a bike than a car as it is very east to steal the former compared to the latter.

Another important utility of having a car insurance or two wheeler insurance is that protects the owner from third party liability. This essentially means that the person who is involved in the road accident and have suffered injuries or property damage cannot sue you in any court of law demanding compensation for their loss. A potential lawsuit, in the absence of any car insurance or two wheeler insurance, can dent the financial standing of any person.

A good accident insurance policy is the need of the day if you have to safeguard your well being from the possibility of an accident.

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Pranav Sharma is an insurance agent based in Mumbai; Pranav assists individuals and corporates in purchasing the right car insurance & often shares his insights about the general insurance industry on internet.