If you drive a vehicle like a two-wheeler or a four-wheeler, then it becomes important for you to follow road and traffic rules. Otherwise, due to your small mistake, you may be issued a huge challan. While wearing a helmet is mandatory in two-wheelers, there is a rule to wear seat belts in four-wheelers. Similarly, there is another rule that everyone has to get their vehicle insured, and if any vehicle owner does not do so, then there is a provision of challan for it. In such a situation, keep in mind that whenever you get your car insured, take special care of some things. Otherwise, you may suffer a loss due to one mistake of yours. So let us know what these things are...
Keep these things in mind:-
View IDV
When you take insurance for your car, you must have noticed that there is Insured Declared Value i.e. IDV Value. Many people do not pay attention to this, but you do not have to make this mistake because this IDV means that if your vehicle is stolen or damaged, you will get the amount given here. So keep it longer. However, increasing it also increases the premium.
Premium comparison
Whenever you take insurance for your car, do not run after low premium. Where the premium is low, the facilities are also less. But if you compare multiple plans, you can get good insurance with lots of features in the right budget.
Find out about the settlement
When we take car insurance from any company, we must see the settlement ratio of that company i.e. CSR. From this, you can know how many claims the company has successfully resolved within the last year. By doing this you can choose good insurance, which can help you at the time of claim.
Check price
Whenever you take any insurance for your vehicle, do compare the price. This also becomes necessary because many companies charge more money from you, but give you less service in return. So do not forget to check the price both online and offline.
(PC: iStock)
