If you are buying a car, you must also ensure that the vehicle is duly insured. This is not just to ensure that in case of an accident, the insurance company covers the costs incurred; but because it is a legal requirement. The Indian Road Safety Act and Indian Motor Vehicles Act mandate that every vehicle owner should have insurance. Whether you are buying a new or a pre-owned vehicle, it makes sense to compare car insurance rates and then make a decision. There are many options to buy car insurance online; you can use a car insurance calculator to get an instant quote. Keep the following in mind:
Do not blindly accept the dealer’s offer –
When you buy a new car, the car dealership will usually offer you a package deal including the car cost, registration amount, insurance and ancillary expenses. They may even arrange finance for you. This is because they have tie-ups with insurance companies, banks and financial organizations. However, you need not depend upon the car dealer solely. You should do your own research, compare car insurance