FAQs On Motor Insurance

Vehicle insurance, also referred to as motor insurance or auto insurance, offers protection against unanticipated and unpredictable events involving your car.

  • Can One Choose A New Insurance Company And A New Insurance Plan?

To ensure a smooth transition, it is possible to renew the policy simultaneously. Before making any purchase decisions, it is advised to carry out extensive research on the insurance company and its policies.

  • What Cashless Facilities Are Offered With Car Insurance Policies?

Garages that partner with insurance companies are called cashless car insurance garages. The cashless facility is available to policyholders who have their vehicles repaired at a network garage. The insured will only be required to pay the required deductibles, and the insurer will directly cover all costs associated with repairing the vehicle.

  • Does A Car Insurance Company Offer Coverage Without Evaluating The Condition Of The Vehicle?

There is no requirement for the insurance provider to inspect the vehicle’s condition before providing coverage in the case of a fundamental third-party auto insurance policy. Because it only covers third-party liabilities. However, the car insurance provider would thoroughly inspect the vehicle before providing coverage if a policyholder chose a comprehensive approach.

  • Will Auto Insurance Companies Pay For All Losses Sustained In An Accident?

The kind of insurance policy chosen when buying vehicle insurance will determine whether or not car insurance companies pay for all damages caused by an accident. A fundamental third-party policy, which is required by law, will only cover third-party liabilities in the event of an accident. A comprehensive plan is better because it covers both the policyholder’s damages and any third-party damages, in contrast to an own-damage insurance policy that only covers damage to the policyholder’s vehicle.  Standard T&C apply.

  • Are There Any Concessions I Can Take Advantage Of To Lower My Auto Insurance Premium?

The Automobile Association of India (AAI) membership, the Vintage and Classic Car Club of India certification for private vehicles, the installation of approved anti-theft equipment by the Automobile Research Association of India (ARAI), which AAI acknowledges, and concessions for modified or specially designed vehicles for people with visual, physical, or mental impairments are just a few of the concessions available on the own damage premium in addition to the No Claim Bonus (NCB).

  • How Long Does A Motor Insurance Policy Last?

A motor insurance policy typically has a one-year expiration date, and to avoid coverage gaps, it must be renewed before then. To ensure a hassle-free insurance experience, paying the motor insurance premium before the due date is always advised. The car might need to be inspected if the insurance has expired.

  • Which Type Of Motor Insurance Policy – Comprehensive Or Third-Party Liability Insurance – Is Ideal For Me?

There is no one-size-fits-all answer when it comes to insurance. You should carefully evaluate your insurance requirements before selecting an appropriate policy.

A motor insurance calculator is a convenient tool you may utilise online to check the amount of coverage needed based on your requirements.

Standard T&C Apply

All savings are provided by the insurer as per the IRDAI-approved insurance plan. Standard T&C apply

Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.

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