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251 car insurance tips

Dev Raga Personal Finance

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What Determines the CTP Pricing?

CTP is the most basic cover you need to get and it's compulsory. The second type of insurance you may want to consider is third party property insurance. This builds on CTP but also covers you for fire and theft. My general rule of thumb is when purchasing car insurance, it really shouldn't be more than 5 or 10% of the market value of the car.

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