Types of Auto Insurance in Pakistan
Auto insurance is one of the most common services provided by Pakistan. As per a report by Pakistan Auto Association (PAA), in 2017, more than 1.5 million motor vehicles were registered in Pakistan, and more people are acquiring cars daily. In 2018 the percentage increased to almost 9.6%. It adds up to billions of rupees in sales value. It is a massive opportunity for auto dealers, car manufacturers, and insurers looking for exciting ways to increase their business. There is still a relevant solution for auto insurance quotes in Pakistan because all major players have been involved in traditional retail platforms such as e-commerce sites or online shopping portals. Getting a car is a better experience than getting car insurance since the options are so overwhelming. Pakistan Auto Insurance policy includes specific policies that have been introduced after years of analytical experimentation to make users' experience better in every way. Finding the best car insurance in Pakistan might seem lengthy and hectic p[rocess, but it is essential to understand how auto insurance policy in Pakistan works and what its variations are before you choose one for yourself. Let's divide car insurance types into three categories Pakistan currently offers to any car holder. Comprehensive Insurance: A comprehensive car is one of the most acquired insurance in Pakistan as it covers almost everything a driver needs from an auto insurance policy. This insurance package includes third-party accidents and damages. It will recover any accidental injuries caused to your vehicle and theft. Even the claiming process of this insurance policy is easy and ensures smooth interaction between the policy company and the client. Third-Party Liability Insurance: This policy covers all your third-party car or driver's damage. The insurance will help you save your expense and help you cover the cracks even when itis is caused by your own mistake. However, third-party liability doesn't cover your car damage. It will only be responsible for an injury caused to a third party by you. Collision Insurance: This insurance policy includes only accidents that are caused by collisions. It can consist of road accidents in which your car collided with another vehicle, a fence, or any external factor except weather conditions. This car insurance doesn't cover theft, vandalism or any other third-party damages caused. Which means it works on the collision recovery policy. When choosing the best company to provide you with an auto insurance policy in Pakistan, you need to consider that it should be running at a p=smooth pace with good consumer relationships and immediate claim recoveries. Salaam Takaful brings you one auto insurance policy in t Pakistan that is hassle-free and has a super efficient process. Their Salaam App runs super fast and gives immediate responses to your queries. Since insurance policies in Islam hold a very controversial position, Salam Takaful comes with an insurance policy that aligns with Islamic Shariah law. Now people would not have to question their choice when opting for an auto insurance policy with Salaam Takaful. Salaam Takaful has a team of highly qualified professionals who will give you a speedy recovery of your claims and timely damage fixes. Even when you are in search of an insurance policy, we will be more than happy to provide you assistance accordingly. We plan to offer you a customized insurance policy that meets your needs.