Your car is one of the prized possessions in your life. Before buying a car you do a meticulous planning right from allocating the budget, shortlisting car vendors, taking test drives, discussing amongst friends or family regarding performance, mileage, and other luxury requirements that would meet your expectation. Once you buy your brand new car, you will be on cloud nine. You will go to the temple to seek the blessing of the lord. However, it won’t protect you against any unprecedented perils of the roads. It’s your car insurance that will come to rescue you against financial losses occurred due to third party damages. It can be bodily injury, hospitalization costs or death, and property damages as well. It’s termed as third party liability cover. There is another cover known as comprehensive car insurance plan that will take care of the expenses borne out of third-party liability as well as own damages or accidental coverage. However, as per the Motor Vehicle Act, 1988 it...