Avoiding your vehicle from accident is almost possible, cost of repairing your own car and liability to third party including handling the claim by yourself are definitely waste your company resources, having the motor insurance can keep you away off difficulties.

The two main coverage that's available in the market;
a) Legal liability to other's property damage i.e other vehicles caused by an accident with your insured vehicle.
b) Legal liability due to bodily injury to others, passengers or yourselves caused by an accident with your insured vehicle.
b) Accidental damage to your owned vehicle.

There are two basis of policy available in the market:
a) COMPULSORY POLICY - this is required by government for all road used and registered vehicle. The policy covers only bodily injury caused by vehicle accident.

b) VOLUNTARY POLICY- this is not required but available for taking out on voluntary basis. There are 3 classess of coverage from class 3 - limited coverage to class 1 - broadest or comprehensiva coverage.

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