ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Anyone who drives could need it. You never know when the person who hits you will have insurance or enough insurance to pay for your injuries and damage to your vehicle. Uninsured motorist coverage also pays if you’re in a hit-and-run accident and the other driver can’t be found to pay for damages.

Detailed explanation-2: -Yes, uninsured motorist insurance does cover a hit-and-run in Texas. You can use uninsured motorist property damage insurance to repair or replace your vehicle after a hit-and-run in Texas, and you can use uninsured motorist bodily injury coverage if you are injured.

Detailed explanation-3: -If your car is totaled and you only have liability insurance, you will have to pay to replace the vehicle yourself or file a claim with the other driver’s insurance company. Liability coverage alone does not protect your car in any way, just injuries and damage you may cause to others.

Detailed explanation-4: -Copy of the car’s registration certificate (RC) Surveyor’s report to discover the cause of the loss. Copy of your vehicle insurance policy. Car insurance claim form duly filled and signed. Estimated vehicle repair cost. Copy of driving license (DL) More items