Long-Term Car Insurance And Why It’s Worth it

In September 2019, the Supreme Court of India passed legislation requiring long-term car insurance for any cars bought after the first of that September. This is to increase protection for newer cars and drivers. This comes after the Supreme Court found that one out of three vehicles in India actually has the necessary third-party coverage. This is especially the case for cars that are at least three years old. Now, car insurance companies in India will be offering long-term car insurance for drivers with vehicles sold after August 31, 2019. Several companies will also offer bundled third-party liability and damage insurance for the policyholder’s car. As a result, long-term car insurance is becoming increasingly worth it.

Long-Term Car Insurance in India