# Negative Impact of Ignoring Transit Insurance on Car or Bike Transportation Cost ![Negative Impact of Ignoring Transit Insurance on Car or Bike Transportation Cost](https://hackmd.io/_uploads/HyRT2XFaC.jpg) Do you have a car or bike to get transported but are not sure whether you should opt for transit insurance or not? If you’re ignoring transit insurance, you might be committing a huge mistake, why? It leaves a negative impact, especially on the car or **[bike transportation costs](https://www.movemycar.in/services/bike-transportation-services-in-india)** that you might’ve to pay more than necessary. Read the blog, we have discussed a few of its common negative impacts along with a quick overview of some common insurance types. ## 4 Negative Impacts of Ignoring Transit Insurance on Transportation Costs Find the list of a few points highlighting the significant impact of ignoring transit insurance on transportation costs: ### Financial instability The first and most common negative impact we see, if you ignore transit insurance, is financial instability. You would find it hard to manage finances if you lack insurance protection during transit. ### Leads to sudden budget fallout Paying irrelevant charges can cause you sudden budget fallout. Transit insurance safeguards your finances against such situations. ### Paying unnecessary repair costs By removing transit insurance, you might have to pay unnecessary repair costs that could’ve been protected under transit insurance. ### Legal consequences Not only financial but also legal consequences are there as per the industry norms and regulations. ## Different Types of Insurance You Can Add During a Shift Check out some varied types of transit insurance that you can add to your vehicle shifting process: * All-inclusive insurance * Full value protection * Erection of all risk insurance * Removalist Insurance * Single transit, etc. ### Conclusion Whether you’re transporting your car, bike, or any other vehicle, make sure it is protected under transit insurance. There can be various instances where it might receive unprecedented damage. Use financial protection to make safe and feasible bike or **[car transportation in India](https://www.movemycar.in/services/car-transportation-services-in-india)**.