Sehwag PX
Car Insurance
  • Compare Top Insurers & Save upto 50%
  • Renew Car Insurance Within 2 Minutes
  • Buy Instantly With Minimal Documentation
  • Avail Add On Covers At Nominal Charges
  • Grab The EMI Option For Ease

Free Quotes From Top Companies

1

2

Car Make
Variant
RTO Code
Reg. Year
CONTINUE

Car Insurance

Car insurance is an effective insurance policy that offers the needful financial cover to the insured vehicle against different forms of damages, theft, stolen, and accidents among others. It refers to be the best insurance plan to protect your vehicle from financial emergencies that includes any third party legal liability, physical damage, bodily injury, traffic collision, etc. With the help of a car insurance policy, the policyholder will get the required cover against loss or damage of the vehicle that is caused by Accident, theft, fire, explosion, self ignition, lightning, riots, strikes, Act of terrorism, Transit by Rail, Road, Air & Elevator and natural calamities, (Earthquake, Flood and more).

free insurance quotes

Free Insurance Quotes

We offer free car insurance quotes & 100+ plans to compare from top insurance companies

save time n money

Save time & money

Choose your quote and buy plan instantly with multiple discounts without any hassles from the comfort of your home.

emi option

EMI Option for Ease

You can easily convert the premium amount in EMI. With the same, you can pay the premium on a monthly or quarterly basis.

Cuver

Types of Car Insurance Policies in India

In India, Car Insurance is broadly categorized in two different forms. Both are effective enough to assist the insured to deal with the expenses of unwanted road emergencies. The two types of car insurance are stated below:-
car third party

Third Party Liability Coverage

Third party liability cover is basically designed in a way under which the insurer will be liable to offer the cover to damages which are caused by you to a third party. Third party liability cover is not liable to cover any losses or damages caused to the policyholder. It is basically designed to take care of the minimum risks which are covered under the Auto Vehicles Act 1938.

The third-party liability insurance quote is the mixture of a few components which comprises of:-

  • Third-party premium
  • Personal Accident Owner Driver Cover
  • Goods and Service tax
and
comprehensive coverage

Comprehensive Coverage

Comprehensive cover is the most effective form of car insurance and designed in a way that can offer wider coverage to the insured and the third party as well. Under the same, you not only get the basic third party liability cover but also the complete coverage to your vehicle as well. It will provide cover against maximum expenses to the insured car and third party liability.

The quote for the comprehensive cover is the sum of its components which include:

  • Third-Party premium & Own Damage premium
  • The premium for Personal Accident Owner-Driver Cover
  • Additional coverage (add-ons) along with Goods & Services Tax
Cuver

Benefits of Car Insurance

Apart from the being mandate feature, car insurance carries a wide range of benefits for you, which makes it a way better product for car owners in India. Car insurance policies are helpful for the users, in the long run, it not only protects in the hour of need but also make sure that the insured is getting additional benefits. Some of these benefits include
loss damage

Loss or Damage Cover

The insured get coverage against loss or damage that takes place because of accidents, fire, theft, self-ignition, natural calamities.

personal accident cover

Personal Accident Cover

It takes care of all expenses that occur in the treatment of insured in case of an accident which left the insured injured

additional benefits

Additional Covers

Apart from the basic cover, there are several additional covers as well that you can opt for wider coverage but they vary from insurer to insurer.

zero depreciation cover

Zero Depreciation Cover

Under Zero Dep Cover, insured will get the original cost of the vehicle’s part instead of depreciated value from the insurer.

NCB

No Claim Bonus

When you do not file any claim during the policy tenure, then you will be liable to avail a discount of 5 % to 50 % at the time of renewal.

roadside assistance

Roadside Assistance

Roadside assistance offers multiple benefits such as emergency transport, daily allowances, taxi benefits, and many more.

Invoice Cover

Invoice Cover

It is an add-on-cover that assists the policyholder in case of a complete loss of car because of any damage caused by an accident.

Replacement Cover

Replacement Cover

In case of loss of keys, this feature will cover the expenses of its replacement procurement of new locks also.


What is Covered

  • It covers all damages caused to your car that take place because of accidents
  • Will be liable to avail Personal Accident Cover, in case of death or permanent disability.
  • Financial protection against Natural Calamities such as floods, earthquakes, etc.
  • In case of Theft, your insurance company will pay an amount which will be equal to your IDV
  • Man-made disasters such as riots, strikes, fire, and terrorism will be covered

What is Not Covered

  • Damages that caused to the vehicle while driving under the influence of alcohol
  • Loss and damages that that take place because of war and nuclear risk
  • Accidental Damages that take place while using your car for illegal activities
  • Losses incurred while driving without a valid license is not covered as it is an illegal activity in India.
  • It will not cover regular mechanical expenses because of consistent wear and tear
Cuver

Why Compare Online?

Having valid car insurance is mandatory in India under the Motor Vehicles Act, 1988. In India, there are several insurance companies that deal with car insurance. So with so many options, it becomes quite difficult to choose the accurate and best insurance policy. Here at PolicyX.com, we assist you to choose the best plan with the help of free quotes that allow you to save up to 60 percent on the premium of your car insurance as well.
compare PX

Convenient

It is very convenient as it allows you to compare quotes of top insurance companies instantly. No hassles and easy to use. With the help fo free quotes, we allow you to compare different policies from the comfort of your home.

Several Options

With the available different options, you can assure that you opt for the best insurance policy for your car. By doing a comparison, you will also get to know that there are many insurance companies in the market which have better plans for you.

Save Money

Comparing car insurance online is a better idea to get clarity of each and every detail associated with the product. It keeps complete transparency, like what will be the premium, what you will get under it and what will not. It will help in taking the right decision.

Transparency

Comparing car insurance online is a better idea to get clarity of each and every detail associated with the product. It keeps complete transparency, like what will be the premium, what you will get under it and what will not. It will help in taking the right decision.

Minimal Documentation

If you think that for online purchase, the documentation process will be a hassle then you are mistaken here. We allow you to buy car insurance without much documentation and deliver a soft copy of your policy documents to your Email address.

compare PX
Cuver

How to Choose the Best Car Insurance Plan?

Car insurance is basically an agreement according to which the insurer is liable to pay against the financial loss that occurs because of damage to the car. It will be there to cover the losses that you might face in case of stolen or damaged car. It is vital to compare features or plans before buying or renewing the current policy. When it comes to premium then the same depends upon the Insured Declared Value (IDV) of your car. The more the IDV the more will be the premium amount, the less IDVs leads to the low premium amount. At PolicyX.com, you can compare policies from top insurance companies with the help of free quotes in a few minutes which will help you in buying the best. Auto insurance policy majorly covers the loss that occurs because of theft, scratch or accidents. With an effective car insurance plan, you will get bumper to bumper coverage.


How to Buy Car Insurance Policy?

Apart from the being mandate feature, car insurance carries a wide range of benefits for you, which makes it a way better product for car owners in India. Some of these benefits include

STEP

1

Visit quote section which is available at the top of this page

STEP

2

Fill basic details to get free car insurance quotes & Click on the ‘Proceed’ tab.

STEP

3

Compare quotes on the basis of features, cover, benefits, facilities, premium, etc.

STEP

4

Choose the right plan that can go well with your needs.

STEP

5

Click on the ‘Buy’ tab & Make the payment using different payment modes

STEP

6

Bingo, you are insured now

Cuver

Car Insurance Renewal

Car insurance is an important document that you must carry whenever you are driving otherwise you have to pay a huge penalty. Don't forget to carry valid insurance policy and for that, you have to keep renewing the same timely. And if you forget to get it done on time then check the company’s grace period under which you can renew the same easily. But if you miss renewing the same then still you can do it easily from the comfort of your home using our car insurance services.

For the renewal, you can simply visit out quotes section which is present at the top of this page. We will assist you throughout the process. Our renewing process is easy and hassles free. We are helping our customers in renewing the existing policy or can go for portability as well for wider coverage.

Car Insurance Renewal Checklist

  • Right Coverage: Those who own the only third-party plan should start thinking about the comprehensive policy. With such helpful and effective insurance plans you can easily get the desired cover.
  • Check IDV: You will get compensation in case of where the theft or loss takes place. Re-evaluate the car's Insured Declared Value against premiums. With the same, you will come to know about the best price.
  • Claims Check: It makes a huge difference. If you haven't gone through the claims ratio of your previous insurance company, then verify it now.
  • Check Cashless Garages: Look at all the cashless garages near your area that would offer repair services for your car.
  • Add-ons: Check all the available add-ons to get the most suitable one for yourself.
  • Deductibles & Discounts: Take advantage of all available discounts. The deductible is the amount that you have to pay every time before the claim.

How can you Renew Online?

  • 01
    Visit our car insurance page & fill some basic details about your car.
  • 02
    Check quotes and choose the one that you think can easily go well with your needs.
  • 03
    Pay using different modes of payment, like net banking, debit/credit card and many more.
  • 04
    You can ask for personal assistance from our team of experts as well.
Cuver

Car Insurance Premium Calculation?

Every car insurance owner has to pay a premium to keep his/her plan active. To know how much you have to pay for your car insurance, you can use the online car insurance premium calculator. The premium is calculated by a simple formula. The simple formula can help you to understand the premium calculation of car insurance.

Premium = Own Damage Premium – (No claim bonus + discounts) + Liability Premium as Fixed by the IRDAI + Cost of Add-ons.

Select The Right IDV

A lower IDV demands a lower premium to be paid. (But compute wisely, since IDV is the utmost value the insurer can compensate you with).

Compare Online

By comparing online, you will be saving money on agents commission and several other discounts are available for your perusal.

No Claim Bonus

Your responsible driving skills are rewarded with a bonus of up to 50% on your premium, for every consecutive claim-free year. Now isn't that a treat?

Security Devices

Automotive Research Association of India (ARAI) approved anti-theft devices can fetch you up to 2.5% discount on your car insurance premium!

Cuver

Customer Reviews

Google Reviews

Star RatingStar RatingStar RatingStar RatingStar Rating 4.5/5

363 Google reviews

Testimonials

  • "good claim settlement"
    After the accident there were damages incurred to my car. Policyx helped me in claim settlement

    - Ramesh Soni, Mumbai

  • "Credibility"
    PolicyX is a credible portal and they helped while calim settlement

    - Swati Rajawat, Mysore

  • "Polite staff attitude"
    When I was buying policy from them. The staff was very polite and gave me all the information I needed at the time.

    - Sheena Mathur, Goa

Cuver

More About Car Insurance

Investing in a car insurance policy online is the most convenient and effective medium. These days, insurance companies have come out with several innovative ideas which have made the whole buying process easier. Investing in a car insurance policy do carry several benefits such as

Easy to Accessible

With the online medium, you are free to access the website and app from anywhere. If you have an internet connection then place and time is not a constraint for you. With the same, you can visit any insurance company from your home and can buy an effective plan easily. Moreover, you can take help of an online insurance web aggregator to compare plans and can get the best out of all.

Easy, Hassle-free and less Time-consuming

The entire process of buying insurance has become a lot easier. You can log into the same any time and can make your purchase. The entire process of purchase is hassle free and takes a very little time as compared to an offline insurance policy. It requires less documentation and you don't have to stand in the long queues of offices.

Comparing Several Options

With the online platform, you will be able to compare several plans provided by top insurance companies of India. You can compare the plan on the basis of your requirements, coverage, budget, etc. With the online facility, you are basically getting the freedom of choosing the best insurance plan according to your needs.

Affordable Cost and Less Documentation

When it comes to investing in car insurance online, you can buy the same easily at a lower price as compared to the offline plans. Also, those who buy car insurance through online modes/online are given certain discounts on insurance premium as paperless documentation cuts down the insurance company's expense too.

Instant Premium Calculation and Approval

The insurance company comes out with a built-in tool which is popular by the name of insurance premium calculator. The insured just have to prove some basic information and the rest is upon the calculator. The insurance company can verify the provided information anytime for the easy approval of your claim on time.

Car insurance is basically an agreement according to which the insurer is liable to pay against the financial loss that occurs because of damages to the car. In India, it is compulsory to own a motor insurance plan to drive legally. It will be there to cover the losses that you might face in case of stolen or damaged car.

The amount of the premium related to your auto plan depends upon the Insured Declared Value (IDV) of your car. The more the IDV the more will be the premium amount, the less IDVs leads to the low premium amount. It is vital to compare features or plans before buying or renewing the current policy.

At PolicyX.com you can compare policies from top insurance companies with the help of free quotes in a few minutes. There are some things that you must check while purchasing an insurance policy. Auto insurance policy majorly covers the loss that occurs because of theft, scratch or accidents. With an effective car insurance plan, you will get bumper to bumper coverage.

Nowadays there are many insurance companies which are offering the towing facility, depreciation and other value-added services, thus it is essential to check all the terms and condition while purchasing the insurance policy. Carefully read through the policy documents and compare various plans before making a final choice.

Brand

While buying a policy it is vital to pay attention to the reputation of the insurance company. You must check the company's record and claim ratio. An insurance company with a bad claims ratio would not be advisable when buying a vehicle insurance policy.

Voluntary Excess

According to the experts, the voluntary excess should be less than the NCB amount you will qualify for next year.

Safety Features

If your car has any safety feature like alarm, immobilizer then you can get a great discount.

NCB

It is advisable that you do not claim for minor damages and repairs which you can pay from your own pocket and which does not add any additional burden on you. It is advisable if you save your NCB for future requirements which may require higher cost spends.

Network Garages

The aim of buying a car insurance policy is to protect you from any financial emergency in case of any damage/loss of your vehicle. Most online companies provide cashless services only if your vehicle was repaired in a network garage. Therefore, look for insurers with maximum network garages present in their list.

The premium of car insurance depends on the following factors:

  • IDV (Insured Declared Value) of the vehicle
  • Type and age of the vehicle
  • Cubic capacity of the engine
  • Geographical zone
  • Age and gender of the owner-driver
  • Fuel type
  • The profession of the owner
  • Voluntary deductible
  • No Claim Bonus (NCB)
  • Anti-theft device installation

On the basis of the below-mentioned point, the company determines car insurance premium

Year of Manufacture of the Vehicle - This determines the age of the car. Older vehicles can have decrease insurance rates in contrast to automobiles which might be especially new.

Vicinity of Registration of the Automobile - Your residential place and the vicinity in which you got your vehicle registered also has an impact on your motor insurance premium. Coverage groups have provided you with the concept of 'insurance zones', primarily based on the vulnerability of a car to loss or harm whilst operating in that region. Urban drivers usually pay extra for their vehicle coverage than vehicle-owners in rural regions or small towns. This is due to the fact the opportunity of theft, vandalism, and injuries are better in the cities.

Contemporary Showroom Rate - The premium quantity that you pay in large part relies upon at the Insured Declared Value (IDV), which is basically the market cost of the car. Consequently, if the value of the auto is high, then the coverage premium will also be on the better aspect.

Model of the Auto - Imported manufacturers and vehicles including high-quit sedans and SUVs can be charged extra premium than hatchbacks. Further, for diesel cars, the top class is higher than that of petrol vehicles. If an automobile has steeply-priced or uncommon spare parts, the coverage top class of the car might be higher as well.

The Motive of the Auto - Automobile insurance carriers offer personal and business coverage rules. If a vehicle is used for business functions, it will attract higher coverage rates.

Safety Devices - Present day motors are geared up with safety capabilities consisting of airbags, strong locks, superior braking systems, and anti-theft devices. coverage businesses tend to increase the rates for cars which are extra susceptible to damage, robbery, and occupant harm. You're eligible to get a discount in premium of up to 2.5% if your vehicle is secure. However, the features covered in it ought to be permitted by the automobile studies association of India (ARAI). Consequently, you should studies properly and equip our car with protection capabilities for decreased premiums.

Claims Records - If you raise a claim against your vehicle insurance, the premium for the subsequent year is probably to head up. If you abstain from raising claims, you may be rewarded with a No-claim Bonus (NCB) that interprets into a reduction in premium for the subsequent year.

There is no doubt that a person invests in a car insurance plan so that he/she can get the required financial cover easily. But, how will it help if you are not going to get the claim amount easily? That’s why it is important to choose the right insurer with a high claim settlement ratio.

But how you can file the claim and how the whole claim settlement process work is equally important for you to understand.

Here's an exhaustive list of the companies that offer car insurance plans with best settlement ratio -

S.No.Insurance CompanyClaim Ratio
(2016-2017)
Claim Ratio
(2017-2018)
1Bajaj Allianz Insurance Co Ltd78.50%77.61%
2Bharti AXA General Insurance Company76.88%98.50%
3Cholmandalam Insurance Company40.07%39.96%
4Future Generali Insurance Company78.93%87.42%
5HDFC ERGO Health Insurance Company50.76%52.58%
6Iffco Tokio General Insurance Company104.30%90.69%
7Liberty Videocon General Insurance Company74.37%74.58%
8Magma HDI General Insurance Company181.20%34.93%
9National Insurance Company126.98%115.55%
10New India Assurance Company102.94%103.19%
11Oriental General Insurance Company118.23%113.86%
12Raheja QBE General Insurance Company126.70%18.19%
13Reliance General Insurance Company91.39%106.54%
14Royal Sundaram General Insurance Company62.09%61.41%
15SBI General Inusrance Company53.43%52.93%
16Shriram General Insurance Company38.57%50.83%
17Star Insurance Company60.51%61.76%
18TATA AIG General Insurance Company57.20%60.68%
19United India Insurance Company138.51%110.95%
20Universal Sompo General Insurance Company86.14%104.17%

In case of an accident or an emergency, it is important for you to inform the insurer as soon as possible.

You must report to the corps with all the required details.

Analyze the status of damage and how much it will cost

  • No valid license
  • Second-hand car but no insurance
  • Delay in informing your insurer
  • Influence of alcohol or drugs
  • Consequential Damages
  • Your car is too old to be repaired
  • Car Repairing without informing your insurer
  • Installing unregistered CNG kit
  • Exceeding limitation of use

1. What is the best way to lower your car insurance premium?

The best way is to use an online insurance web aggregator at the time of purchase or renewal. Online insurance web aggregator will provide free quotes and comparison services so that you can take advantage of the same and choose the best insurance policy for yourself. Through this, you will be able to buy the cheapest policy for yourself.

2. What are some of the most customer-friendly car insurance companies in India?

There are many customer-friendly car insurance companies such as Iffco Tokio car insurance, SBI, Bajaj Allianz and many more. Just search for the best one on the internet and insure your vehicle today.

3. What are the cons of not paying car insurance?

In India, if you own a car, then it is mandatory to have car insurance with you. There are several cons of not paying for car insurance. It will be illegal to run a vehicle without it. If you do not pay for car insurance then it will not protect you from unwanted incidents. This is something that will provide the needful coverage to you. You must insure your vehicle today, there are many insurers such as IFFCO Tokio car insurance, Bajaj Allianz and much more.

4. My car insurance was rejected. What to do now?

If any company rejects your car insurance policy or renewal of the same, then you can take help of online insurance companies that can provide you the needful service easily. There are many companies such as New India assurance, Bajaj Allianz and many more. So don't lose hope you will surely get the best one for yourself.

5. Which is the best website for car insurance?

There are several websites of top insurance companies such as New India Assurance, Oriental Insurance Company and many more. If you are confused which is the best for you then choose an online insurance web aggregator, compare quotes and get the best plan from the top insurance company in a few minutes.

6. Which is the best car insurance company?

See if you are looking for the best car or home insurance companies in India then there are several options such as Oriental Insurance Company, New India Assurance, Bajaj Allianz and many more. It will be good if you can take help of an online insurance web aggregator which can provide free quotes and comparison service. With it, you will be able to get the best plan in a few minutes.

7. I took out car insurance last month. I have now found a cheaper insurance. Can I cancel?

Yes, you can switch insurance company whenever you want. But you have to keep in mind that most of the companies will not pay you back. You can ask your insurer about the refund system before switching your policy or check your policy documents carefully. There are many insurance companies that offer car insurance at a cheap price such as Bajaj Allianz, New India Assurance and many more.

8. Is there a list of documents that must be kept in the vehicle while plying in public places?

The following documents are needed while plying in public places-

  • Certificate of Insurance
  • Xerox copy of Registration Certificate
  • Pollution under Control Certificate
  • Photocopy of Driving Licence of person who is driving the vehicle

9. If I install an Anti-theft alarm and locking system, is there any discount available in Car Insurance Policy?

Yes, in case your vehicle is fitted with anti-theft devices, which are approved by the Automobile Research Association of India (ARAI), a discount on Own Damage (OD) premium is provided by the insurer.

10. What is Constructive Total Loss in Car Insurance Policy?

Constructive Total Loss is basically about the accidental loss/ damage to your vehicle where the aggregate cost of retrieval and/ or repairs amounts to be more than 75% of the Insured Declared Value (IDV) on your policy.

11. In Car Insurance Policy, does the insured have to pay the difference if the actual expenses are more than the cover?

Yes. For example, if the insured has a cover of Rs.10,000 and incurs an expense of Rs.15,000, then the insured will have to pay Rs.5,000.

12. What is ARAI stands for in Car Insurance Policy?

ARAI is the short form of Automotive Research Association of India. If you have installed an ARAI approved anti-theft device in your vehicle, whose installation is dully certified by the agency, you are eligible for getting a discount of 2.5% on the Own Damage (OD) premium subject to a maximum of Rs. 500.

13. What is meant by premium bearing endorsement in a car insurance policy?

A premium bearing endorsement is a form of endorsement for which additional premium is charged. For an example, transfer of ownership, an addition of LPG/ CNG kit, change of RTO location, etc. are premium bearing endorsements.

14. Which documents are required to cancel your car insurance policy?

The documents required to cancel the policy by the customers are as follows:

  • Customer Request Letter
  • Alternate policy proof (TP / Comprehensive)
  • Original Policy Copy

15. What are salvage and total loss?

The value of damage in the case where a vehicle meets with an accident is known as salvage. The retrieval of the damaged vehicle to its initial condition is not possible is considered a total loss.

16. What are the documents required to buy car insurance online?

When it comes to the online platform, the buying procedure becomes simple and hassle-free. However, in case the company ask for the document, you need to keep a few documents ready such as

  • The copy of your Registration Certificate (RC) of your vehicle
  • The invoice copy for a new car
  • Previous insurance policy
  • No claim bonus reserving letter, whenever required

17. How to compare car insurance plans?

We all know that too many options will always lead to confusion. Because of the same, it is always advisable to compare plans on the basis of a few things such as

  • Insurance Company: It is important to check the company’s record before finalizing anyone. Check the claim ratio and time taken by to the company in the same process.
  • Premium and Coverage: Look for wider cover at an affordable premium. Don't forget to add valuable riders to your basic car insurance policy.
  • Cashless Garage Network: Make sure about the insurer’s network garages in your area. You must remember that you can avail cashless services only at these garages.

18. Is online car insurance only for a new car?

No, online car insurance is not limited to a new car. You can also renew your existing policies with the same.

19. What is Personal Accident Add-on Cover?

The personal accident cover that is available with the compulsary Third Party Insurance is up to Rs 1 lakh. However, a person can easily increase the cover with the help of an optional Personal Accident add-on cover by paying an additional premium. It offers the cover for temporary or permanent disability and death caused because of an accident.

20. Is there any add-on cover for car accessories?

Yes, there are add-on covers for the car accessories. Basically, it is an attractive idea that you can easily attract customers to it. By paying an additional premium, you can make sure that you are covered of the cost incurred on your car accessories that basic car insurance do not cover.

21. Is it possible to renew car insurance online?

Yes, it is possible and a far better way as compared to the offline process. For the same, you can visit the insurer’s website. After reaching there, you must provide your previous year car insurance policy details. You will get the chance to compare different policies by several top insurers of India and can renew the same easily from the same page.

22. How does PolicyX.com assist me with car insurance comparison?

When you compare car insurance quotes online on PolicyX.com you will get free quotes for your car from different insurance companies. In case of any query regarding the plan that you choose, then you can speak to our experts who will to guide you through the process.

23. What a basic car insurance covers?

With an effective car insurance policy, the insured will get the coverage against loss or damage of the vehicle that is caused by Accident, theft, fire, explosion, self ignition, lightning, riots, strikes, Act of terrorism, Transit by Rail, Road, Air & Elevator and natural calamities, (Earthquake, Flood and more).

  1. It will also offer the required cover against all financial liability that caused injury or death of a third party or damage to the property
  2. The personal accident will also come under various car insurance

24. What will happen in case of theft?

In case of Theft, the insurance company will provide an amount which will be equal to your IDV.

25. How can I get an estimate of the car insurance premium?

The insurance company comes out with a built-in tool which is popular by the name of insurance premium calculator. The insured just have to prove some basic information and the rest is upon the calculator. The insurance company can verify the provided information anytime for the easy approval of your claim on time.

26. What is IDV and why is it important?

Insured Declared Value(IDV) is your car's current market value. It is also an idea about the highest amount that you receive from a car insurance claim. This includes situations where you have incurred a total loss or damaged beyond repair.

The insurance company will arrive at the IDV by assessing the following information:

  1. The registration details of the vehicle
  2. The city where the car was registered
  3. The registration date or date of first purchase
  4. The current registration type, i.e., company or individual owner
  5. The make and model of the car and the manufacturer
  6. The cubic capacity of the car's engine
  7. The vehicle description
  8. x-showroom price of the car, i.e., the actual cost of the car plus tax.

27. What is meant by endorsement in Car Insurance Policy?

It will be written evidence of an agreed change in the policy. It is basically a document that incorporates changes in terms of the policy. For the same, an additional premium is charged.

28. What are the documents required while plying on the public roads of India?

The following documents are needed while plying in public places-
Certificate of Insurance

Xerox copy of Registration Certificate

Pollution under Control Certificate

Photocopy of Driving Licence of person who is driving the vehicle

29. Can I transfer my insurance to the purchase of my vehicle?

Yes, you can easily transfer the insurance in the name of the buyer. For the same, you have to inform the insurance company about the same. For the same procedure, a fresh proposal form has to be filled in this case. There is a nominal fee charged for transfer of insurance with pro-rata recovery of NCB.

30. If I have CNG or LPG kit fit in my car, is it important to inform the Insurance Company about the same?

As you fit the CNG / LPG kit, it is highly important to inform about the same to the Road Transport Authority (RTA) where the vehicle is registered and your Insurance Company. The RTA will make changes in the Registration Certificate (RC) accordingly, and the Insurance Company will inform you about the additional pay that you have to pay for the same otherwise the company can reject the claim in the hour of need.

31. Is it possible to submit bills at the end of the year for all small repairs of my vehicle?

No, you have to inform the insurer about the claim immediately without any delay otherwise the insurer will not be able to pay the claim amount.

32. There are any discounts for handicapped people

Yes, the company offer 50% discount on the damage premium to the handicapped people.

33. What is the benefit of choosing zero dep cover?

If you choose the zero depreciation cover then you will get the original cost of the part and not the depreciated one from the insurer. Usually, the companies offer these add on the cover to those cars which are 2 to 3 years old. For taking advantage of this add-on-cover you have to pay an extra small amount apart from the basic premium.

34. Does Regular mechanical expenses due to consistent wear and tear are liable for cover?

No the basic car insurance policy will not provide cover against regular mechanical expenses due to consistent wear and tear. You can get the cover against the same by buying an additional rider.