Why Your Second Vehicle Needs Insurance Too

Insurance companies often come across instances of second hand car insurance claims, where the new owner claims for damages to the vehicle without having transferred the insurance policy in his name after the purchase. The claim however is not admissible in the absence of a valid contract between the insurance company and the new owner of the vehicle. In a recent case, the Pune Consumer Court ruled in favour of the insurance company and upheld the insurer's decision of not paying the claim to a second hand vehicle owner since he had not transferred the insurance policy to his name. The Court ruled that an insurance policy is a contract between a policy holder and an insurer. In the absence of the new vehicle owner's name on the motor insurance policy, there exists no valid contract between him and the insurance company. Hence any accidental damage suffered by the new owner is not admissible under the previous policy.

Owing to low awareness on insurance amongst the general public instances of post loss insurance grievances in such scenarios are common place in India. Hence it is important for individuals who have purchased or are looking at buying a second hand vehicle, to know that transfer of insurance is an equally critical aspect of the buying process and should not be ignored or procrastinated. Also, the individuals who sell their vehicle have an equal responsibility to ensure that the insurance is transferred in the new owners name to avoid any legal hassles that may arise in the future. Here we shall explain how not transferring of insurance will impact both the buyer and the seller of the motor vehicle. We shall also demystify for you the procedure of ensuring a seamless insurance transfer.

To begin with it is important to understand the structure of a motor insurance policy. A comprehensive motor insurance policy comprises of two parts - Own Damage (OD) and Third Party (TP). Whereas TP section covers damages caused by your vehicle to a third person and are mandated by law, OD section covers damages caused to your vehicle owing to any accidental mishap. After purchasing a used car, Section 157 of the Motor Vehicle Act casts a duty on the new vehicle owner to get the insurance policy transferred in his name by applying to the insurance company within the first 14 days. For these 14 days, only the "Third Party" section of the insurance policy gets automatically transferred. However, it does not apply to the Own Damage section of the policy. The "Own Damage" section will be transferred only after the insurance policy gets registered under the new owner's name. Post this 14 day period, if the new owner fails to get the insurance policy transferred in his/her name the insurance company is not liable to bear any losses incurred by new owner in either of the TP/OD sections.

If the insurance is not transferred and the policy still bears the name of the first owner, in case of an accident the claim for damages to the vehicle or third party will not be paid by the insurance company. Moreover, the court may also send the first owner a notice to compensate for the loss caused to a third party, for an accident caused by the new owner. The whole process of establishing the proofs of sale, the transfer of vehicle RC etc. by the previous owner can be a grueling exercise. This can be easily avoided if both as a seller and a buyer of a second hand vehicle, one insists on getting the insurance policy transferred to the new owner's name immediately after the sale deed is finalized.

Some ways to reduce Motor insurance Premium

While choosing a motor insurance policy one should be aware that your policy has two components – own damage and third party damages. Your premium will be based on these two components of the insurance cover. People look to save money on the insurance premium. Those who wish to lower their premium should understand that only the own damage premium part is under your control and third party premium is prefixed by the regulator so it’s same for all plans by various insurance providers.

The article gives some tips to control the costs you pay for your own damage motor insurance:

No Claim Bonus – Every time you complete your car insurance year without a single claim you’re rewarded with No Claim Bonus points. You can redeem the points against the claim amount or premium reduction. So check and see if you can avail of this benefit. If yes, then the discount will be deducted from your premium and you have to pay less for the current year. It is advisable, don’t claim for petty scratches or dent. Instead, accumulate your bonus points and go for higher claim or discounts. The other way to keep your NCB intact would be applying for add on cover for NCB protection. Though you may need to pay a bit extra on your premium but it is always a valuable protection. It helps to reinstate your NCB to a certain measure.

Garage Repair – Every motor insurance company has its own network of garages where you can avail cashless repairs. Network garage offer services at cheaper rates compared to your local shop. These deals are 20% lower compared to a local garage. A lower cost of repair means a lower depreciating value of your car or bike. Taking your motor to a network garage helps you get a negotiated deal on repair costs.

Long-Term insurance policy - Keeping in mind the huge growth opportunities and high FDI flow, the government has decided to boost the two-wheeler insurance segment. They have launched the first three-year comprehensive cover for scooters and motorcycles. The comprehensive cover is 30 percent cheaper than buying annual policies and comes with lucrative offers for the buyers. The best part of a long term policy is that the third party insurance premium and the service tax hikes would not affect the premium of the policy.

Voluntary Deductible – A voluntary deductible means you will have to pay a part of the claim whenever the situation of claim arises. The part of the claim you promise to pay decides the costs of the premium for the rest of the cover. If you opt for this option it will help you lower the premium rate.

It is advisable, if they are small dents or scratches don’t make a claim. It will affect your no claim bonus in the long run and you won’t be able to reduce the premium or make higher claims. Prudent and smart strategies will always help you to keep the premium lower so it proves easier on your pocket.

Online comparison always helps to get better motor insurance deals. You can get multiple quotes from a single window. Based on the comparison of policy in terms of benefits & features, discounts, claim settlement ratio, etc. you can choose the one that fits your needs and budget.

Why car insurance policy is so important in India?

An importance of car insurance is felt the most when you're at a workshop, getting your car repair because of an accident or at the police station when it gets stolen. In both cases, a proper insurance cover would have helped you come out of the financial crisis due to such unforeseen events. Insurance cover helps individual to take care of financial crisis if there is any damage done to your car due to the accident, fire, theft, or other natural perils else if it gets stolen.

In India, there are two types of cover - third party & comprehensive cover. A third party insurance cover takes care of the damage done to the third party in terms of property or health loss, a comprehensive cover will take care of the damage done to both party i.e. third party damage and your car damage or injury. Standard car insurance will reimburse your loss; however, if you still feel the pinch in your pockets then there are add-on covers that come into the picture.

All general insurance companies offer a range of optional cover that gives additional protection to your car along with the base car coverage. So, here are some tips to consider about different types of add-on covers and how useful they prove to provide that extra financial cover for your car.

Road Assistance Cover

It proves a very useful cover, especially when your car runs out of fuel, gets a flat tyre or break down due to any reason. The insurance company will arrange for fuel refilling, change the flat tyre or get it towed to nearest workshop.

Zero depreciation

A standard car insurance policy will reimburse the depreciating value of the car parts damaged during an accident. The insurer will deduct the depreciated value from the claim. Although it may not be a problem for low priced cars the high-end cars will go for a toss. This is where zero depreciation comes into the action. A zero depreciation add-on cover will reimburse the full value of the part. Bear in mind that if you have made a car cover claim in the past few years, zero depreciation cover doesn’t make sense.

Engine Protect

When you read fine prints carefully of any car insurance policy, you will discover that own damage doesn’t include damage caused to the engine because of any negligence of wear and tear. Suppose there is car standing in a water-logged area and you turn on the ignition, chances would be the engine gets damaged or if your run car without engine oil, it will damage your engine. At this point for such careless mistakes, it's an engine protect add-on cover that comes to savior for the people. It covers engine damage not caused by an accident. Insurer expert suggests it's worth buying it as the cost of repairing the engine can be quite high.

Consumable Cover

After an accident, car repair takes up a lot of consumable like engine oil, brake settings, fluids, coolants, minor nuts & bolts. These small expenses can push your bill quite significantly. A consumable cover will help you keep the expense under control and pay up for the costs.

Accidental cover

An accidental cover provides compensation to the passengers in case of death or permanent disability caused due to an accident. The coverage amount varies across insurers. You can call up the customer service team of the relevant insurer and get things clarified before including this add-on in your car insurance policy.

How to effectively administer your Company’s Corporate Motor Insurance Scheme

When you are not primarily an insurance company, administering a corporate motor insurance scheme can be a very serious challenge. This becomes even harder if you have a large fleet of company cars, in addition to a staff motor insurance scheme mediated by the company. Insurance, especially when handling claims, can be such a hustle for someone who is primarily in Administration, Finance, Procurement, or HR, depending on the company. We have prepare a small cheat sheet that can help you to take charge of your company’s motor Insurance Scheme and give you that satisfaction of being “on top of things” Here is the list

1. Take Charge!

The number one cause of stress for employees who manage motor vehicle insurance issues is lack of clarity on who is in charge of what. The process of coordinating motor insurance concerns usually involves at least all the departments we listed above, and depending on the organization, the person who is in charge may be in any one these departments. If you are involved in the process but it is unclear who exactly is in charge, then you have two options. First, you can decide to seek clarity from your boss as to where the buck stops when it comes to the company’s motor insurance scheme. If your boss doesn’t know, you may be in trouble, but work towards clarifying who is in charge of it. The second option is to take charge. Many workers fear additional responsibilities and then go ahead to waste good energy scheming how to avoid the work. If you take charge of it, officially or otherwise, you will have control over it and it will make it easier to administer the scheme.

2. Draw a Map

Secondly, draw a process map that shows how each process should be handled. If you are not into maps, you can use a list showing all steps each case goes thorough before it is resolved. Process maps (or their equivalent) can help you to

Figure out what needs to happen at every stage and are a good way of measuring your progress down the line. The only predictable thing when it comes to insurance is when you need to pay your premiums. You can never plan when to make claims because they result from accidental events. A process map will make you ready to handle any unforeseen situation with clarity, and without the need to figure out everything each time something happens.

3. Use Checklists

The beauty of everything in insurance is that the processes used by insurance companies are very well mapped out. It is possible to develop checklists to help you handle every claims process, or every motor insurance procurement process. Checklists will help you to be certain that you have done everything required, and you will not need to spend time thinking through every process you need handle. For instance, you may have all the documents needed to file an application for motor insurance cover committed to memory. If you do not translate that to a checklist, you may miss one of the important documents simply because you have no method of verifying that you have filed all documents. Then again, since you don’t fill these forms on a daily basis, it is easy to forget a small detail in the forms. A checklist will eliminate all the stress you may experience in such situations.

4. Keep all Relevant Documents at Hand

This tip is almost a no brainer, but most people simply assume that they have access to everything they need. Imagine you are applying for motor insurance for company cars, or your company has hired a new manager who is supposed to be enjoined in your company’s motor insurance scheme. Would you prefer to go searching for the proposal forms in last year’s emails or would you prefer getting the forms from a folder on your computer called, “Insurance forms”? Collect all relevant documents and keep them in a folder that is easily accessible so that you save the time you otherwise will spend trying to locate important documents. At the risk of being repetitive, it should be noted that accidents do not follow a schedule, and hence you need to have everything at hand in anticipation for any eventualities.

5. Use Productivity Tools Such as Online Quote Form

If you are charged with procuring insurance for new employees, you will benefit a lot from productivity tools that make it easier for you to get the job done. For instance, you can easily get insurance quotes from several insurance companies in Kenya by simply filling the auto insurance quote. The form will make it possible for you to compare quotes in real time, and will make it easy to submit your contact details to an insurance company of your choice. From then on, the motor insurance company will get in touch with you to process your application. Using such productivity tools can drastically ease the entire work of administering your company’s motor insurance scheme.

6. Build a Relationship with your Insurance Agent

Another tip that you can use to make it easy for you to administer your motor insurance scheme is to forge a strong relationship with your insurance agent. Your agent can help you to hasten the processing of your applications and your claims. Just get in touch periodically whether you have any needs or not. Send thank you messages, share calendars and jokes, and generally show concern for them. When the inevitable happens, you will have an ally. 

7. Educate your Staff

The final tip we have is for you to educate you staff in insurance matters. Make a point of raising one motor insurance related issue with all members of staff at least once a week. Education in this case does not mean organizing training seminars to talk about motor insurance. What it means is that you empower your staff members to make smart choices around insurance issues. If they need your intervention less because you have empowered them, you will have succeeded in making you auto insurance scheme easier to administer. You can do this by sending then interesting articles on mail, sharing insurance resources, and having personal discussion on insurance with those who make queries.

[Source: http://www.insureafrika.com/car-insurance/basics/how-to-effectively-administer-your-companys-corporate-motor-insurance-scheme]

How can we help you with vehicle insurance today?

Some basic checks while choosing car policy

An unfortunate incidence can occur anytime and anywhere, even an experienced driver cannot avoid the risk factor while driving in spite of not being at fault.  In today’s time of rising inflation costs, even a minor accident or a slight bump can result in huge repair costs. The only way to be prepared for such circumstances would own a suitable auto insurance cover.

Car insurance covers you against losses that might occur due to theft, damage due to accidents, natural incidences like fire, earthquake, storm, etc. or vandalism and theft. You will have to pay a certain amount as premium costs to the insurance company and you get an assured sum when you’re in dire needs.

Owning car insurance is mandatory if you wish to drive your vehicle on roads. It could be tricky if you’re unable to choose the right cover and the right insurer. Here are some basic checks while choosing your car insurance policy:

Assess

Before you buy an insurance policy, it’s essential to understand the types of covers available in India. There are two types of cover third-party liability and comprehensive cover. It would be wise to analyze and decide the amount of cover you need. No need to unnecessary adds-on on your policy.

While deciding on your coverage needs, ensure you choose amount equivalents to the total value of your car. While it's not good paying unnecessarily high premiums but it’s also unsafe to be underinsured as you will have to shell money out of your pockets. 

Compare

It would be the next wise step to compare the quotes before purchasing an insurance policy as it will help you save hefty amount and provide better coverage options as well. Comparison platform allows you to do a detailed comparison between insurance companies on the basis of their financial track, claim settlement, reputation, market value, etc. You can visit online forum sites to check customer review, talk to friends or family members on company performance. This comparison will help you save around 30% to 40% on the premium costs.

Look for Discounts

You should constantly be on a hunt for a discount that can reduce your premium and make it easier on your pockets. Factors like good driving records, anti-theft system, paying from particular credit/debit card, festive offers can fetch you good discounts. Make sure you explore all the available options about your car before buying the insurance policy. Don’t go for additional purchase and increase unnecessary costs on your premium.

Add-ons

Add-ons help to customize your car insurance cover as per your need and requirements. Insurance provides you with tailored solutions that specifically suit your needs based on details like the age of your vehicle, make and model, registration, and other factors. Experts say invest a small amount of money for additional benefits like zero depreciation, roadside assistance, engine cover, and personal cover. It may increase your premium to a slight extent but offer wider coverage both to you and your car.

Don’t Undervalue

Premiums of your car insurance are decided on the based on Insured Declared Value (IDV) of your vehicle. You can increase or decrease the IDV of your vehicle as per your premium needs. But expert say don’t undervalue your car as it can create issues during a claim. It will give low coverage amount.  So, compare policies online and buy the best insurance deal for your motor vehicle!

A Few Facts About Vehicle Insurance

Your Vehicle Insurance Is Critically Important

How To Purches A Better Motor Insurance Policy

Compare Motor Insurance Online Plans before the Final Investment

From a layman’s perspective, motor insurance is defined as a policy, which will help you to cover the physical motorbikes and cars, used for personal use. Moreover, this policy also helps in covering those vehicles used for business purposes, like trucks and vans. The primary reason to invest money in motor insurance is to cover any rising cost, in case; any physical damage takes place or due to any natural calamities. It is always mandatory to buy a motor insurance policy if you are planning to drive cars on Indian roads.

Types of motor insurances:

The motor insurance mainly deals with the kind of vehicle you are currently using. Before plunging for the final result, it is better to get associated with various types of insurance policies available for cars. You can easily compare motor Insurance Online plans, which is a great time-consuming package. You are asked to go through the variants in motor vehicle policies, before jumping or the final conclusion. Moreover, depending on the type of emergencies, there are various forms of motor policies available.

For the car insurance:

Car insurance is mainly associated with personal needs. It helps in covering the damages or accidental loss to your car or maybe vehicle of any third party. The third party is mainly a person, who might have injured due to your car and the accident, took place. Depending on the value and mark of your car, the premium amounts are likely to be dedicated. Moreover, the state, where the car has been registered along with the manufacturing dates are also notified before focusing towards the car insurance policies. You can always Buy Car Insurance Plans Online before making the final decision.

Insurance policies based on coverage:

There are different types of motor insurance available, depending on the type of cover. Some of the basic examples are third party motor insurance, comprehensive form of motor insurance and liability only policy. There are some documents required in case you are planning to buy a motor insurance. Some of those are machine chassis number, vehicle registration details, manufacturing year and fitness certificate, in case, the commercial vehicle has been issued by the present or local authority.

Digging Up the Right Motor Insurance Quote

Car Insurance Rates Can You Lower Them ?

Your car insurance is critically important

Insurance in the United States is a big affair. The insurance companies that do business in this country cover almost everything. It is needless to say that car insurance is one of the most important types of insurance covers in the country. Apart from Virginia, New Hampshire and Mississippi, every other state in the country requires car owners to carry some auto insurance cover. And no matter how much you hate insurance companies and their agents, deep within your heart you know how important it is to be insured.

You just have to imagine what all can happen when you are driving. You could get into a collision that damages your car. Or you could get involved in an accident where you or someone else gets physically injured. Car accidents often have this tendency to turn fatal, where someone loses their life. The stupidest cases are those where a car is stolen. In all such cases, you stand to lose a lot of money if you don’t have car insurance cover.

It is important to know the kind of auto insurance you need. And here is where a professional insurance agent plays a big role. One of the primary reasons why people hate the concept of insurance is because they don’t understand most of it. They get fooled into buying something that they don’t need and end up paying more for cover that they don’t require. And when it comes to claiming for insurance, they end up paying more from their own pocket, something no one wants to do when they have insurance cover. A professional car insurance agent can offer need based cover.

Many consumers think that they need full auto insurance cover. The idea is not bad because then an individual covered under comprehensive cover doesn’t need to worry about any situation involving their vehicle. However, not everyone requires insurance cover. Someone may just require collision insurance or theft insurance, but they need an agent to let them know about their requirement.

As you can fairly clearly understand, a car insurance agent plays an important role in someone choosing cover for their vehicle. And because there are so many insurance agents around, it is critical to choose someone who has the reputation of being honest. Because many insurance agents work on their own, one has to find someone who knows what customer service is all about. In the domain of auto insurance, customer service would mean selling the correct policy and helping out when someone makes a claim. And the best insurance agents also stay in touch with their customers and also remind them about insurance premium payments and so on. This is the kind of service available from a very few agents and one needs to know who that person is close to them. Car insurance cover is important for any driver because accidents or thefts or other car related issues don’t announce their arrival. It is an experienced auto insurance agent that helps their customers to make the best choices.

[Source: http://articles.abilogic.com/40670/your-car-insurance-critically-important.html]

Car Insurance how is The Premium Calculated

The Role of Car Insurance Brokers

The role of a car insurance broker is to act as an intermediary between the customer and the underwriting Insurance Company. Within this role there are various functions that they carry out in interaction both with the car insurance buying public and the Insurer with who they place the business.

When a broker places car and motor insurance risks on cover, their role has a major difference to other types of insurance in that the spread of risk is smaller. This is because a very high proportion of motor business is eventually placed on the basis of 'one risk, one underwriter' - that is to say, a Lloyd's underwriter or Motor Insurance company.

When a member of the public goes to a motor insurance broker they expect that the broker should be fully aware of all the covers available and offered in a standard car insurance policy and a commercial motor policy. A broker also should be knowledgeable about the differences in policies and prices offered by the various Insurance Companies and underwriters with which his brokerage does business.

The Car Insurance Brokers role does not just stop with the supplying and purchasing of the insurance. They should be available to act as an intermediary with the Insurer at any time, acting upon the client's behalf should there be any changes to the policy mid-term of the contract period, or to deal with any claims that need to be made.

The two main insurance areas dealt with by the car insurance broker are the private individual's motor policy and the commercial fleet motor policy.

A marked tendency in the large broking house during recent years has been to concentrate more and more on the commercial motor insurance fleet placings, and less and less on the private sector of the market.

Many large international insurance brokers view the private motor insurance as uneconomic for a fully sustainable business, and so specialist sub-brokers or large provincial and regional brokers are dealing with a greater proportion of this class of motor business.

Car Insurance Brokers receive commissions for their role as intermediaries which are received from the Insurance companies with which the business is placed. The commissions available in the motor market varies somewhat and the recent 'soft market' where premiums and commissions are low, have also led the high street insurance broker to seek more profitable business in insurance classes other than Motor. Commissions for a car insurance policy may range from 7½ per cent to 20 per cent although with commercial vehicle contracts and large fleet business, brokerage may be agreed on a fee basis which is often charged over the whole portfolio for that particular client. In the past a standard rate or tariff which was agreed and reviewed by the Association of British Insurers professional body (ABI) was used in the UK car insurance market. This is no longer the case, but this approach still influences some underwriters in some specialist car insurance areas.

In recent years, however, many larger brokers have developed what is known as a 'direct dealing account'. This is where the broker introduces a sub-broker to underwriters and then permits him to deal directly with them under a fronting agreement with their own marketing. The accounts, however, will still pass through the main broker. The commission is split between the main broker and the sub-broker, with the sub-broker usually commanding the higher percentage. An restriction applied to the sub-broker within the fronting agreement is that he must pass the premium on to the main broker within 30 days of inception of the risk.

The role of the motor broker has changed somewhat in recent years with the development of Internet based quotation systems.

In particular the insurance comparison websites who have taken over the role of the broker to some extent. These quotation systems have been used successfully however by some car insurance brokers who have adapted and embraced the technology and now offer full on-line comparison quotes from their panels of insurance providers. The benefits are a very quick service, although it may still be advantageous for the broker to 'shop around' for the best deal for one's client, particularly if the cover is for a non standard driver or car.

Whatever the changes in the technologies and methods of Car Insurance delivery there will always be clients who want a human face and to talk to someone directly about their insurance needs. The role of the broker is ultimately communication.

Article Source: http://EzineArticles.com/4753910

Things to consider during car insurance renewal

Did You Buy The Right Motor Policy for Your car ?

A Simple Guide to Buying Car Insurance

Find the Right Motor Insurance to Maintain Your Budget

Person who possesses a vehicle needs to purchase a motor insurance policy for the auto. The Motor Vehicle Act makes it compulsory for the vehicle owner to buy this type of insurance. According to the law, mandatory policy is needed to cover the liability of the vehicle owner towards the third parties who get hurt or whose property gets smashed or scratched by the use of vehicle.

In fact, this Act recommends fine/penalties/punishment for not having legal policy for the auto. Vehicle is a valued asset for every auto owner; basically, people prefer to cover the vehicle against accidental damage or loss. It is possible by availing a comprehensive package policy for the motor that includes in addition to the compulsory third party liability and damage to the vehicle as well.

Points to Consider while Buying Auto Insurance

In case the motor is new, make sure that the delivery is received only after a comprehensive insurance is availed. In some cases, manufacturers offer free policy or the dealer helps in getting the motor covered. Do not forget to review the credentials of the insurance companies in India, coverage provided under the plan and the premium charged. Insurer's credentials relate to the customer service track record of the insurance companies in India. This should associate to insurance servicing as well as timeliness in claim settlement.

Currently, this can be easily checked by taking a opinion from current policyholders of that particular insurer, colleagues, friends or relatives. If customer is dissatisfied with the existing insurer which is recommended by the dealer, then he or she can selects their own choices and avail the policy through online insurance broker. These standard motor insurance policy are available with add-on covers like depreciation buy-back or nil depreciation, no claim bonus protection, increased personal accident, return-to-invoice, accidental hospitalization etc are some of the popular add-on covers. These add-on covers give extended protection to the policyholders. 'Return-to-invoice' is the most important add-on covers for a new motor because it helps the policyholder to avail the complete value of the motor in case of a total loss in an accident.

No Claim Bonus

Insurance companies in India provide 'no claim bonus' for claim free years. Remember to declare the claim status at the time of renewing auto insurance under the expiring plan in case the renewal is being taken from a new insurance company. In case customer can successfully produce a renewal notice given by the expiring policy's insurance company, the new insurer will provide 'no claim bonus' as mentioned in the renewal notice. Even if customer is not able to produce renewal notice, sometimes insurance companies in India give no claim bonuses depend on a declaration by the policyholder about claim under the existing plan. Many people forget to renew their auto insurance on time.

In India, all insurance companies provide 'no claim bonus' in which the policyholder will be eligible for around 25 percent bonus in the third year in case he has not claimed policy for nearly two years.

Sarika Kodag helps readers to select the best Auto Insurance as she has vast experience in this sector. She always looks out for subjects related to insurance and writes informative yet interesting articles on investing, saving and financial planning. Her forte is to comparatively analyze and suggest different insurance policies to her readers. She provides knowledge about various investing options and make reader aware of current news about insurance field. So, they can use it to improve their future. She specializes on topics about health, car and life insurance. In her free time, she writes on business and travel insurance as well. Also, she advises many people including her friends, family and relatives who require wealth management solutions. All the best to you while comparing insurance and I hope that you get a beneficial deal by visiting this space regularly. Most of the people who got help from her feels that with her advices, process of purchasing insurance became easy.

[Source: http://www.sooperarticles.com/finance-articles/insurance-articles/find-right-motor-insurance-maintain-your-budget-1306031.html?page_tag=CawEojev75ty5sAhGr_cTRdSpRTjD29Bk_eMetdDIZiDIbeZoAnAwAn4yLcMh-c4e10MMH7673gbHm6HjLoK7w~~]

Why should you have vehicle insurance