Posts

Showing posts with the label Long-Term Auto Insurance

Why Should You Choose Long-Term Auto Insurance?

Image
Introduction Owning a car brings convenience, freedom, and pride — but it also comes with responsibility. One of the most crucial aspects of being a responsible car owner is buying the right auto insurance policy . While most people prefer renewing their policy every year, there’s a smarter alternative — Long-Term Auto Insurance . In this article, we’ll explore why choosing a long-term car insurance plan can save you money, time, and hassle , while ensuring uninterrupted protection for your vehicle. What Is Long -Term Auto Insurance? A long-term auto insurance policy is one that provides coverage for more than one year — typically 2 to 3 years . Instead of renewing your policy annually, you lock in your premium and enjoy continued protection for an extended period. Introduced by the Insurance Regulatory and Development Authority of India (IRDAI) , long-term policies were designed to ensure compliance, reduce lapses, and simplify the renewal process for car owners. Why Should You Choos...