Maruti Suzuki Wagon R is one of the most famous car models in India. The model’s brilliant interiors and exteriors are beautiful to look at and it is one of those cars which a middle-class family can purchase. This model provides a brilliant mileage, has a strong engine, sturdy tires, comfortable seats, and boasts of other brilliant features.
According to a mandate passed by the Government of India, it is mandatory for a car owner to have a third-party liability cover.
There are generally two types of insurance covers that a person can purchase. They are comprehensive car insurance cover and third-party insurance cover.
Comprehensive car insurance cover: This type of insurance covers you against any types of losses or damages that can affect you or your car. The compensation you will get will depend on the level of loss or damage incurred.
|Type of injury||Compensation|
|Permanent disability caused due to an accident||100%|
|Loss of both the limbs, or eyes||100%|
|Loss of one limb or eye||50%|
The certain circumstances which result in your Wagon R model getting damaged for which you can avail your comprehensive car insurance cover include:
Third-party insurance cover: According to The Motor Vehicles Act, 1988, all the owners driving their cars on Indian roads must have a third-party liability cover. In case the driver caused injury or damage to a third party or his/her vehicle, then the victim is liable to receive compensation up to Rs.7.5 lakh.
Add-on covers: In order to enhance your motor insurance cover, there are various types of add-on covers which you can avail for yourself. These add-on covers provide extra protection to your vehicle and also helps you in saving money as well. Some of the add-on covers that you can purchase are:
Hence, if you are planning to purchase a Wagon R, you can be assured that it is one of the best cars in India currently. However, it is important to have proper insurance. You can purchase certain add-on covers depending on the age of your vehicle and how it can be beneficiary for you.
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