Transportation is essential in everyone’s life. An insurance plan can protect your means of transport by giving you their Car Insurance. After buying this insurance, you can drive without any tension because Insurance companies provide you the protection of your vehicle and your life. In case of an accident, Car Insurance Pakistan will all bear the expenses. No one knows what is waiting for us. Make your difficult time easier for yourself and your family by investing in an insurance plan. Be ready for any situation with the right strategy to use at the time of need. Car Insurance Pakistan protects you against all types of financial loss in an accident. It is a contract in which you pay a premium, and the company bears all the cost of damages. Car Insurance provides the following personal coverages.
- Driving
- Dismount of insured Vehicle
- Provide benefits to the co-drivers
- Any damage caused by violent or visible reasons
- Provide coverage for an accident that is happened within a month
There are some additional benefits available in Pakistan regarding car Insurance, but it depends on the company offering the policy. For example, United Insurance Company Pakistan offers Additional features as
- Free towing to the nearest workshop
- Get your car repaired from the workshop of your own choice
- UIC claims experts will help in getting the final police Investigation Report.
- Free PA/PTD covers of Rs.30,000/- to the deceased paid driver. (In case of an insured car accident only)
- Free death repatriation of the driver within Pakistan
- UIC will bear funeral expenses & arrangements for the said person
- No hidden taxes & charges
- We commit to settling all theft and total loss Claims within 30 days after reporting/submitting requisite documents.
So every company has its additional feature that makes the policy more beneficial for you. If you feel secure, your mind is relaxed, so why not live a safe life by securing your goals and future. Everyone works hard to make both ends meet. We all want a good and healthy life for ourselves and our family, so live a tension free life. And buy a perfect Insurance plan from reliable companies.
Claim Procedure:
- In the case of a car loss, an immediate written application you must have to give to the company
- In case of an accident you have to give all the receipts which clearly shows the amount
- In case of theft, a copy of the FIR is must
- For making a claim, all the proofs should be genuine, and documentation must be complete
Our biggest fear is taking risks and uncertainty. Sometimes we don’t plan for some events, and then we are at a loss. Planning makes your problems less challenging to face. Insurance companies provide plans for you so that you can deal with any problematic situation efficiently and effectively. Insurance companies manage risks for you and protect you from unknown and unwanted happening, and Buying car insurance is always a good idea.
Types of Car Insurance:
Different types of Car insurance coverage in Pakistan are
- Comprehensive Car Insurance
- Third-party liability car insurance
- Collision car insurance
Exclusions:
There are specific points that a Car Insurance Policy do not cover
- Damage to vehicle when the policy is expired or not active
- Ordinary damages to a car like a scratch of a key ( normal wear and tear)
- It does not include the usual depreciation.
- The company does not pay if the driver’s license is not genuine or valid in an accident.
- Any electrical and mechanical breakdown
- Damage to a car due to war
- If the cause of the accident is alcoholic, drug or liquor consumption by the driver
- Damage due to oil leakage
- If the car use is illegal
Things to remember before purchasing Car Insurance:
- Shop around and look for different quotes and policies before making a final decision. Take a complete look at the various car policies available in the market. An exclusive conversation with the policy agent is vital for making the right decision. Reading all the details available in the documents is essential. Play smart, don’t get influence, and buy the policy that suits you the best.
- Raise the deductible amount. It is an amount that an owner pays towards the loss. So negotiate properly and take what’s best for you.
- Give priority to those companies from whom you have taken other policies also like house insurance policies. This will work for your benefit.
- After buying an insurance policy, the companies give you a discount on some vital car-related things. Try to avail all the benefits.
- When applying for car insurance, never forget to complete your documentation and attach everything related to your policy so you do not suffer from any difficulty at the time of claim.
- Insurance companies will also look at your record of claims.
- The Premium amount of the policy also depends upon factors such as the model or appearance
- The overall condition of the car also matters.