Insurance is quite visibly an evolving industry in India and it has a long way to go, especially when it comes to awareness of its significance and utility. This is even more evident in the motor insurance segment where many vehicle owners see it as a mere protocol to spare themselves the hefty fine. However, motor insurance offers much more than that. Quite understandably, no one wants the joy of owning a new car to be dampened by the anticipation of a possible accident or damage in the future. Nonetheless, insurance is what helps avert this unforeseen crisis and therefore deserves its fair share of research and planning before the purchase.