What Are the Benefits of Purchasing Car Insurance from Oriental Insurance?

The Oriental Insurance Company Ltd was established in Bombay on September 12, 1947. Buying a car is a long-awaited, meticulously planned event for many of us, and it confirms our financial independence. However, there are many potential threats to your cherished car. For such cases—and to ensure that you don't lose your hard-earned money due to unintentional loss or damage to your car, theft, or your vehicle's involvement in accidents that could have resulted in injury, loss of property, or death of a third party—Oriental offers a comprehensive and simple-to-implement car insurance policy.

What Are The Benefits Of Purchasing Car Insurance From Oriental Insurance?

The following are some of the reasons you should buy car insurance from Oriental General Insurance:

• Oriental Insurance's Authenticity and Dependability

When purchasing car insurance, the first step is to verify the insurance company's legitimacy. You can check the insurance company's license and registration on their official website. When you buy from a registered insurance company, you can be confident you're obtaining genuine insurance. Oriental General Insurance has been in business for almost 70 years, making it reliable. It is also verified as reliable and trustworthy, having a Claim Settlement Ratio of 91.76 percent in FY20.

• Coverage Options That Are Ideal And Optimal

Car damage can occur under a variety of conditions. It might be inadvertent or deliberate. A standard insurance policy does not cover every misfortune. As a result, you must make certain that you get your car insurance from a company that offers the necessary coverage. Make a list of the policy's advantages and contrast them with the scenarios that are more likely to occur. Purchasing coverage with Oriental will provide you peace of mind when driving your vehicle, knowing that you are financially covered against nearly any type of tragedy, including theft, natural disasters, riots, and road accidents.

• Customize Your Policy With Additional Covers

You can acquire additional coverage for your car insurance policy by purchasing add-on covers. By adding add-ons to your car insurance policy, you can customize it to meet your unique needs. However, it will raise the total cost of your car insurance policy. As a consequence, choose the add-ons that you feel are the most significant carefully. Oriental General offers a variety of add-on coverage options from which you may customize your policy to meet your specific requirements. 

• Effortless Claim Settlement

When purchasing vehicle insurance, make it a point to search for companies that have a smooth and straightforward claim settlement procedure. In this manner, you can ensure that you are stress-free in the event of an unfortunate occurrence that causes damage to your vehicle. Oriental Insurance provides a quick and easy claim settlement process. 

Take Away

Car insurance is mandatory as per the Indian Motor Vehicle Act for all car owners. Various insurance companies provide different insurance packages with different advantages. So, make sure to compare various options before selecting the one that best meets your requirements.

You may also like to read: 

Personal Accident Car Insurance Coverage: A Handy Guide

Reasons Why Car Insurance Companies Can Reject Your Claims

Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.