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There was a time when having a car was a symbol of luxury. Only the rich people used to have four-wheelers. These days, it has become more of a need. Whether it is a hatchback or an SUV, almost everybody who lives especially in urban areas has a car. When you have a car, you must buy a car insurance policy as well. A car insurance policy is very helpful, especially in case of damage to the car as well as third-party liabilities.
When buying a car, these days it is always confusion among the buyers about whether to buy a manual car or an automatic car. The debate on manual vs automatic cars seems to be unending. Many people prefer automatic cars since it is easier to drive one such car. However, while buying one, you must know that it may affect the premium that you have to pay for your car insurance. So, let us discuss manual vs automatic car insurance in India and it has its impact on premium cost.
As the name explains it all, the driver in a manual car needs to manually shift gears to drive the vehicle either forward or reverse. While some say that it is easier to drive a car that has a manual gearbox, others say that the coordination can be a bit challenging.
Unlike a manual gearbox, in a car with an automatic gearbox, the driver is guided by an onboard Electronic Control Unit (ECU) based on the operation of the accelerator pedal. Therefore, an automatic gearbox changes the gears on its own and the driver does not need to make any manual intervention. A car with an automatic gearbox may not give you a fun ride but it can certainly be hassle-free. And if you are in a crowded urban area, a manual car comes as a great help.
Also Read: Best Automatic Car in India Under 10 Lakh
The cost of motor insurance for cars is decided based on many significant factors. The factors include the model of the car, size of the engine, manufacturing year, location, and the approximate market value of the car.
The only difference between the two cars is their gearbox. This is why; an automatic car generally is much more expensive than a manual car, especially when it comes to buying car insurance. The reason is, that the repair or replacement of an automatic gearbox cost is more than a manual gearbox. So, we can say that the insurance premium for an automatic car will be higher than for a manual car. However, the difference in the insurance cost is marginal.
As we have already discussed, the premium of car insurance depends on various factors, and some of them are mentioned herein below:
Since the insurance price for an automatic car is higher, you must put the effort into maintaining the condition of your car. Here are some tips on maintaining an automatic car.
Now that you know the difference between automatic cars vs manual cars in India, you should get a car insurance policy at the earliest. Once you have a car insurance policy, you can rest assured of the expenses that will be borne by the insurance company in case of any kind of damage that happens to your car.
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