What is car insurance policy | What are the cover is car insurance policy

 

Like guys I hope you are all safe and secure. So this topic is very valuable and if you don't know so read full poat and know this means car insurance policy.car insurance policy is one words any harm or loss or injury so that case provide the compensation like financial help. So read full post I am explain all details.

Car insurance policy:
            Hello guys this policy is first any car is buy so this car is not lifetime safe, so if any any losses your car so that case financial help for car insurance policy. On going the road is car like you and your family is traveling so suddenly your car is accident but your financial condition is very low but With whom the collision took place he yah she is very rich man so that case you not pay the money but this case who is liable so that case car insurance policy company is liable and he pay the charges this rich man. So this is call third party insurance. Guys third party insurance is have most important. Third par cover by any person are losses , if this accident any injury yah death, PA(hide). PA means any damages so that case company pay the 50,00000rs but accident vary to vary dependent. But guys PA is doing two yah three person for same premium amount and same amount claim for company. Third party insurance is a term and condition is if you any damage your car so that case fix amount pay the company but that case this person are death so unlimited amount is pay the company but vary to court. PA is the if you have a car insurance policy so that case you pay the some primium amount that is.

Car insurance policy is 2 party insurance policy:
        1. Third party,
          2 . First party,

First party insurance:
      Guys first party insurance cover the same on third party insurance but this is addiiprofit is if your vehicle is damage so that case first party is cover. And more things is cover:

1. fire explosion, self ignition or lighting,
2. Burglary housebreaking or theft,
3. Riot and strick,
4. Earthquake (fire and shock damage)
5. Landslide Rockslide,
6. Flood typhoon hurican,
7. Accident external means,
8. Malicious act,
9. Terrorist activity,
10. In transit (Road, Rail, Water, Air)

But guys if your car is lost that case company not pay the full amount this car because this case have a depriciation. Your car is old, cars part is old so this case not full amount pay the company and that case vary to car. And your car amount pay the 70% and depriciation is the 30%. So guys any time is first party insurance so please konw this what are cover the first party insurance.

So guys if this post any help and if you interested the same things so please follow this page and share this post. Thank you......