What Is Short Term Car Insurance Coverage
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Introduction New concept for India. Popular in US and UK. Duration of the policy : 1 to 28 days. Features similar to general car insurance. Necessary to get permission from car owner for getting temporary car insurance.
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When To Buy Temporary Car Insurance Instances and situations for Temporary Car Insurance : 1. Individuals using luxury or vintage car as second car. 2. Individuals learning driving. 3. Young drivers using friends’ or relatives’ car. 4. A new car buyer confused about policy to purchase. 5. Individuals planning to buy new policy from another insurer on policy expiration.
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Benefits And Features Legal liability for thirdparty damage, including bodily injury or death of another individual
Legal liability for damage to another individual’s property
Immediate cover with 24Ă—7 support
Cover for dents, scratches, alloy wheels and misfuelling Car damage due to theft, vandalism, fire or natural calamity
Personal accident cover Approved repair service
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Cheaper version of car insurance
Types Of Temporary Car Insurnce
Non Owner’s Insurance
Policy for non car owners. Policy used on borrowing car.
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Non Owner’s Insurance Policy for non car owners. Includes personal accident insurance, liability, loss-damage waiver.
Non Owner’s Insurance Covers difference between vehicle’s depreciated value & individual owes on auto loan when repairing cost more than the worth of car.
Temporary Car Insurance In India
No No insurance insurance company company offering offering temporary temporary car car insurance. insurance. If If any any company company start start this this insurance insurance ,, it it will will gain gain huge huge profits profits due due to to monopoly monopoly in in this this domain. domain.
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