What is Car Insurance?
Comprehensive car insurance coverage includes both own damage cover and third party liability cover. Hence, it also covers third party death, disability and property damage. This type of insurance also provides personal accident cover to the owner-driver of the car in case of injury/death in an accident.
Car Insurance Renewal
If your car insurance has expired or car insurance is about to expire soon, we bring you the job news. In the age of online, you no longer have to go around for your car insurance. Now you can get your car insurance through the app from the comfort of your home. So let’s find out what’s up-
1. Renew yourself
Getting a car insurance is not a difficult task. Now you can take your car insurance from online mode at home.
2. Can change coverage
No need to choose old insurance plans anymore. You can change your insurance coverage plan according to your needs.
3. Review your insurer
It is not necessary that you get re-insured from the same insurance company from which you have previously taken insurance. Now you can choose a better option for yourself by comparing the prices and services offered by insurance companies.
4. Correct IDV
IDV i.e. Insured Declared Value directly affects your car insurance premium. It tells the real time value of your car. Don’t get confused about this.
5. Take No Claim Bonus
Insurance companies give policyholders a No Claim Bonus (NCB) if you don’t make an insurance claim for five consecutive years. NCB facility can be up to 50%.
6. Renew insurance before expiry
Driving a car without an active insurance policy is a punishable offense under the Motor Vehicles Act, 1988, so renew your car insurance before it expires because if you don’t renew it before the insurance policy expires, the insurance company will bar you from renewing it. Let you check your car first, also if this period is more than 90 days you will not be able to get the benefit of NCB.
