Quote:
Originally Posted by cool.aquarian Also only I drive the vehicle at all times and very carefully in sparse traffic. Also in case of accident, does insurance really help that much, coz I think people get away with minor errors(it is just a bike after all.. what real damage can it do) by not taking the matter to cops and settling the matter with other party involved in accident then and there only. |
CA,
All the Best! with you self assuring logics.
Experienced people can tell you that motor cycles can kill even at low speeds (eg, hitting a kid or an old man). God forbid you should (or for that matter any one) never be in that position, but it looks like you would learn your lessons the hard way only.
With indian coulrts awarding amounts like INR 50,000.00 as no fault liability compensation for relatively minor injury and low % of permenant disablement, I wouldn't want to be caught out ona accident situation with a vehicle that has no insurance at all.
Best Regards & Ride Safe
Ram |