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Sunday, December 22, 2024 | 04:39 PM ISTEN Hindi

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Own a high-end vehicle? Buy add-on covers to protect your car fully

Owners of high-end vehicles should explore more options such as engine protection, invoice cover and plans that cover accessories

Interior of a car
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File picture of a car's interior. Photo: Shutterstock

Animesh Das
According to The Motor Vehicles Act, 1988, buying car insurance is mandatory in India. One should buy car insurance irrespective of the distance it is driven every day. The right coverage can protect you from a financial shock in case your car gets involved in an accident. Another major aspect of buying car insurance is that the insurer will extend protection against any major legal liabilities a car owner might face. These include lawsuits and any legal fees billed in the name of the policyholder.

The aim of buying car insurance is to remain financially protected at all times. To ensure

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