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Contributor
Kanchi
Posts: 52
Registered: ‎10-03-2017

Why is it compulsory to opt for car/bike insurance?

Why is it compulsory to opt for car/bike insurance?

1 REPLY 1
Contributor
sindian
Posts: 50
Registered: ‎31-03-2016

Re: Why is it compulsory to opt for car/bike insurance?

In India it is compulsory by law to have motor insurance when driving in a public place because when you are driving you are a potential threat to the property and life of other people. It protects you from any liability arising from the use of a motor vehicle. So it covers “own damage” as well as “liability”