You might have purchased your dream car. But it doesn’t stop there! Buying car insurance would be prudent to have coverage against any financial losses that you may come across due to accident or theft of your car. All you need to do is pay a certain amount as a premium to your Car insurance company to get your car covered and in turn the insurance company agree to pay you in case of theft or accidental damages. This Comprehensive Car Insurance also covers traffic collision, bodily injury, legal liability, physical damage, etc.
Today, the auto repair prices have touched sky high. Even the slightest dent to your vehicle can burn a big hole in your pocket. Therefore, buying an Auto Insurance is imperative. The Auto Insurance is also named as Motor Insurance or Vehicle Insurance. The Insurance Regulatory and Development Authority of India (IRDAI) mandates every vehicle plying on Indian roads to possess Motor Insurance. You can buy motor insurance policy online by comparing the quotes of different car insurance companies. This way you can zero down on your search on the best motor insurance policies in India.
A Comprehensive Car Insurance offers protection for any damages or loss that has caused to your own car during an accident. These damages may include dents to your car due to another car whilst an accident, windshield getting damaged or theft of your car. Besides, it also has a scope to cover third-party injuries or property damages. Buying comprehensive car insurance is not compulsory and therefore is totally your choice whether to opt for it or not.
Third-party Car Insurance provides coverage from any sort of legal liability when your car is involved in an accident. This liability may be death, disability, third-party property damage or injury. It also offers coverage against the personal accident cover for the owner of the car. Your car insurance company compensates you in case of these liabilities occurring. The Motor Vehicles Act, 1988 mandates all the vehicles plying on the Indian roads to have a ‘Third-party Car Insurance’ policy.
Car Insurance Copy
The Registration certificate (RC) book copy
The Pollution Under Control copy (PUC)
Driving licence copy of the person driving
It is best to consider the below mentioned factors, before comparing car insurance plans:
Your comprehensive car insurance offers coverage against any damages or loss occurred due to natural disasters such as hurricane, floods, earthquake, heavy rains, etc. However, it is important that you go through the car insurance policy document thoroughly before opting one.
Usually a comprehensive car insurance policy covers any loss or damage caused due to rodents, pests, animal collision and attacks. But, your third-party insurance doesn’t offer coverage for any damages caused due to animal attacks. Therefore, it is best to opt for a comprehensive car insurance policy.
It is important that you keep the mentioned documents in your car while plying on the Indian roads:
You would need the below documents to buy a car insurance policy in India:
Zero depreciation car insurance is also known as ‘zero dep car insurance policy’. It provides complete coverage without considering depreciation. In short, if you have a zero depreciation car insurance in place, your car insurance company will pay you the entire costs of repair in case your car gets damaged due to a collision. This zero depreciation car insurance is also popularly known as ‘Nil depreciation’ or ‘Bumper to Bumper’ car insurance. This type of insurance offers full coverage for all the metal parts, rubber, fibre, etc. Zero depreciation car insurance usually costs around 15 to 20% of the regular premium. It is good to buy this type of policy for cars that are relatively new (up to five years).
You can compare Car Insurance online from the top notch Car Insurance companies in India. All you need to do is compare Car Insurance quotes online. Checking Car Insurance quotes online is hassle-free and time-saving. You can carry out a complete online comparison with a few clicks at your convenience either at home or work or also during travelling. Comparing Car Insurance quotes online will help you get clarity of the Car Insurance policy in detail. You can fasten your purchasing decision by checking the deductibles and exclusions list online. You can also compare premium rates offered by different Car Insurance companies simply by comparing Car Insurance online. The whole idea of comparing Car Insurance online is transparent since you can read the product description instantly. Comparing Car Insurance quotes online will also save you money since insurance policies bought online are much cheaper than those bought offline. You also get to check the reviews, feedback, videos, infographics, etc. online to get a better understanding of the product. Thus comparing Car Insurance online will reduce your dependency on a car insurance agent.
A Car Insurance premium calculator is nothing but an online tool that is beneficial in figuring out the quotes offered by different Car Insurance companies in India. The Car Insurance premium calculator factors in some of the main features such as IDV, Cubic Capacity, Manufacturing year, No claim bonus, Geographical location to calculate your Car Insurance premium.
Today, there are so many Car Insurance companies in India offering the best of plans and options. It is natural to get confused while buying Car Insurance online with the availability of so many plans around. This is when a Car Insurance premium calculator comes in picture. Here’s a list of benefits offered by a Car Insurance premium calculator:
All you need to fill in a Car Insurance calculator is policyholder’s name, address, contact details, make & model of the car, registration and manufacturing details of the car, fuel type, etc. There is no different car insurance calculator for a used car and hence you may use the same calculator.
There are certain factors that you need to keep in mind while renewing car insurance online.
To renew Car Insurance online, all you need to do is visit the Insurance company’s website you wish to buy from and enter the details of your previous Car Insurance policy. Enter the NCB details, if you haven’t filed a Car Insurance claim in the previous policy year. In order to zero down on the best Car Insurance policy, compare Car Insurance quotes online of different companies and then buy the one that best suits your needs.
You very well know that you’ve paid for it but are hoping to never require using it! When you file an insurance claim, you probably have suffered some type of loss or damage that is insured by your Insurer. This is when your Insurer offers you coverage and compensation for the losses covered or for the damages after validating your claim. So it is vital to be familiar with the claim process to avoid any headache at the later stage.
You may have bought an insurance policy, yet have thousands of queries and doubts. Our ‘Your Policy’ section is the fastest way to resolve your insurance related doubts and queries. All you need to do is attach your active insurance policy and write to us about your queries. We never let our customers down.
Many questions may come in your mind before buying an insurance policy. ‘How much insurance I would need, how many years I shall invest for, what would be the premium, etc.. Insurance Calculators are life-savers. They help you know your insurance needs and assess the potential costs. Grey Font brings to you various Insurance Calculators and interactive tools to help you calculate your insurance needs. In order to get better results, ensure to enter a value in all the possible fields.
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