This article details several reasons why you must go for vehicle insurance, apart from the fact that vehicle insurance in India is mandated by the law. Lack of proper infrastructure makes vehicle insurance in India a necessity - With the kind of traffic management we have in India, you will hardly find a day not seeing or at least hearing about vehicles banging into each other causing major damages. Insurance is necessary even if you are a good driver - One may be confident about his driving skills and would tend to avoid buying an insurance cover as it always pinches to pay the Premium especially when you do not have to make any claims.
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