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The Importance of Timely Motor Insurance Renewals

Motor insurance is important in insuring against accidents, theft, and natural disasters that result in the loss of money by vehicle owners. At least third-party motor insurance is required by law in India under the Motor Vehicles Act 1988. Nevertheless, it is not sufficient to buy insurance once. On time, the motor insurance is renewed and acts as a surety against any legal problems. As digital insurance services continue to increase, several vehicle owners have been found to renew their car insurance online. The Insurance Regulatory and Development Authority of...