MANAGEMENT

Detailed explanation-1: -If you had subscribed for the ‘collision coverage’ in the insurance plan, the insurance company will bear your car repair expenses after the accident.

Detailed explanation-2: -Own Damage (OD) Insurance Meaning Standalone OD Policy shields you against expenses incurred if your car gets damaged in an accident, natural calamities, man-made calamities, fire, etc. It also protects you in case your car gets stolen.

Detailed explanation-3: -Collision coverage Collision pays for damage to your car resulting from a collision with an object (e.g., a telephone pole, a guard rail, a mailbox), or as a result of flipping over.

Detailed explanation-4: -A car warranty is an assurance by the vehicle manufacturer promising to replace or repair your vehicle if necessary. A warranty is a promise by the manufacturer and is mainly used as a shield against sudden or unforeseen financial loss caused by a defect in the car.