Types of Nissan Car insurance policies: What's best for you?

What are the types of Nissan car insurance you can get in India?

Car owners have plenty of options when buying car insurance in India, with various policies from different insurers. Broadly speaking, you may classify them into five types.

1. Third-party liability insurance

This is the most basic kind of car insurance you must have to drive a vehicle in public spaces legally. As the name indicates, this type of insurance protects you against the claims of a third party involved in an accident. Third-party liability insurance covers the following expenses:

To sum it up, third-party liability coverage takes care of your liabilities in case you are responsible for the accident in question

2. Own Damage (OD) or Collision damage cover

Collision damage cover, also known as own damage insurance is often bundled together with third-party liability insurance as they supplement each other. This type of insurance coverage reimburses the cost of repairing the insured vehicle following an accident. Here are a few things to note about OD or collision damage insurance.

Getting at least an OD cover alongside third-party liability insurance is highly recommended if there's a lien on your Nissan vehicle.

3. Uninsured motorist coverage

If another driver is at fault for an accident, their third-party liability insurance should usually reimburse the repair costs for your vehicle. This is the whole reason why the Motor Vehicles Act mandates having third-party liability insurance. However, what happens if the vehicle at fault isn't insured?

This is when your uninsured motorist coverage proves useful, covering the expenses so that you don't have to bear them out of pocket. This type of insurance can also supplement the at-fault party's liability insurance in case the latter is inadequate to cover your repair expenses.

4. Personal accident coverage

The medical expenses following a car accident can put you in a tough spot. A personal accident insurance policy protects the owner-driver of the vehicle by reimbursing medical bills. Notable features of personal accident coverage include:

Especially if you do not have health insurance to cover hospitalization and treatment, getting a car insurance policy with accident coverage is highly recommended.

5. Comprehensive car insurance

Lastly, we have the most effective Nissan car insurance policy type - comprehensive car insurance. True to its name, this type of insurance policy offers comprehensive coverage and maximum protection. It covers all kinds of risk factors, including:

A third-party insurance policy covers expenses associated with your vehicle, driver and passengers and third-party individuals, vehicles and property. It combines the other car insurance policies, except personal accident insurance. If you seek the best Nissan car insurance policy, comprehensive insurance is hands down your best choice.

Conclusion

The right kind of Nissan car insurance and a well-thought selection of add-ons can provide you with maximum coverage. You may also choose two or more types of car insurance to suit your needs, such as OD and third-party liability coverage bundled together.

To make the right decision about your Nissan car insurance, visit the Park+ website for a detailed overview of available car insurance policies. You may explore and compare your options online before deciding which insurance policy works best for you. Download the Park+ app to enjoy a seamless car ownership experience right away.