Is not renewing your motor insurance policy on time a big deal? Can it get you in trouble? What is the best way to renew your policy? Find out the answers to all your questions here.
Motor insurance is a protective cover for your personal vehicles like cars or two-wheelers. Having the public’s best interest in mind, the government has made it mandatory- under Motor Vehicles Act- to purchase motor insurance when you get a vehicle. It is designed to financially secure you against disasters, risk, and loss.