Daily Archives: November 12, 2016

Why Is One Day Auto Insurance Becoming So Popular?

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Have you been lately worked up with the decision of choosing your car insurance?  And the fact that you rarely drive should also play an important role in your decision making so 1 day only insurance is the next best thing you can come up with! This type of insurance has slowly picked up its pace in the Indian market and has become very popular among people who rarely drive and wish to purchase a temporary insurance for their car! Since there are literally tonnes of policies out there, a common man would naturally be confused as to which policy would benefit him the most economically and which would suit his cause. This policy is available with most companies and it is advisable to make a thorough comparison of the prices of all the companies and then select the desired company

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So why has this commercial auto insurance policy become so popular among customers?  Does it have some mystical spell around it drawing it’s customers or is it because of a consistent good performance and healthy customer feedback which has made it so popular?  So let us have a look at some of the reasons owing to its popularity –

Flexibility

The most important advantage which is associated with this insurance policy is the degree of flexibility which it allows to its purchasers. People can drive their cars with a free mind without thinking about being uninsured on roads. This insurance policy is also flexible in the sense that it is a temporary policy meant for those non regular personnel who ideally take out their own cars occasionally or once in a while so this kind of policy caters to their needs.

Economical

A costly car is generally accompanied by a hefty insurance policy and for people who hardly drive, purchasing a year round coverage would be an economic indecision and hence one day car insurance is a sought after economical substitute in relation to the traditional insurance policies as this type of policy is easier on the pocket.

Hassle free

A one day car insurance is generally hassle free and does not involve much paper work and on the occurrence of an unforeseen accident, the company reimburses the owner of the policy upto the stipulated amount without much fuss and delay generally.

Now since we know as to why this policy has become a hit among users, it is safe to conclude that one day car insurance would be an ideal rational decision if you looking for a temporary and economical car policy.