Best car insurance -in Bangladesh

3 Reasons You Need Car Insurance in Bangladesh

Best car insurance:Transportation in Bangladesh is improving, but still has plenty of room to grow. There are many reasons why you might need to own or rent a car, which include getting to work, going on errands and taking trips with your friends and family. However, if you don’t have the necessary car insurance in place, you could end up owing thousands of dollars out of pocket in the event that your car becomes damaged or stolen. To help you understand why this type of coverage is so important, here are three reasons you need car insurance in Bangladesh…

Car insurance is required by law

In Bangladesh, you are required to have car insurance. It is important to purchase auto insurance before driving your vehicle or else you will be charged up to five thousand Taka (approximately $700 USD). Get started with one of the following plans:
– DriveCare Plus: For just $1.00 a day, you can get coverage for death or injury in an accident caused by uninsured or underinsured motorists and theft of your car as well as property damage caused by your own negligence. – DriveCare Plus Lite: For just $0.50 a day, you can get coverage for death or injury in an accident caused by uninsured or underinsured motorists and theft of your car as well as property damage caused by your own negligence.

Car insurance protects you financially

Your car insurance protects you financially if you get into an accident. Your auto insurance deductible is the amount of money you are responsible for before your insurer pays. If you had a $1,000 deductible, and the damage to your car was $2,000 and it would cost $800 to fix it, then your insurer would pay out $1,200. That means that as the driver who caused the accident, you’re responsible for paying out of pocket for about $800.
If there are other people involved and they ask to be reimbursed by your insurer for their medical costs or lost wages from missing work because of injuries from the crash, then those costs can add up quickly.

Car insurance gives you peace of mind

When you purchase car insurance, you’re getting a lot more than just the

coverage. You’re also getting some peace of mind. That’s because when

you have insurance, you know that if an accident happens and your

vehicle is totaled, it will be replaced with one of equal value (subject to your

deductible). It can be difficult to think about the worst case scenario

happening to your vehicle. But with insurance, all of those worries

disappear. If something happens, it’s taken care of – no questions asked.

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