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Everything you need to know about Car Pre Inspection Service in India. Third party Car insurance is compulsory in India as per the Motor Vehicles Act for every car plying on the public places.
Things to Keep In Mind Before Deciding The Best Car Insurance Agent in India. While purchasing a car many factors are taken into consideration, a proper research is done and even test drives are taken by the customers.
No claim bonus in car insurance is basically the discount offered to the customer by the insurance company at the time of renewal for having no claims in the previous policy years. The No claim bonus is given as a discount under the own damage section of the car insurance policy and it ranges from 20% to 50% for every claim free year. The NCB can drastically reduce the premium of the car insurance and save a lot of money for the customer. The NCB discount is over and above the own damage discount offered by your car insurance company.
What happens if you lose your Car Insurance Policy? Many of us might have faced the situation of losing the car insurance policy which could have been due to many reasons. Once the car insurance policy is lost, it might be difficult to show to the traffic police or the authorities during the search.
Car insurance consists of two sections namely third party and own damage which when offered together is known as Comprehensive car insurance policy. The own damage section under the car insurance has add-ons which can be opted on payment of additional premium. The premium to be paid for these add-ons varies from company to company and also depends on the age of the car.
Car insurance premium is calculated online these days with the help of computers and other digital equipment. In the starting days of insurance, the premium calculation was done manually and was given in writing
The Best Car Insurance in India is premium charged by these insurance companies differs as per the coverage offered by these insurance companies.
Car insurance price list for your new car or used car? The car insurance price list contains both the third party premium and the own damage premium or 1st party premium of your car.
What is IDV value in Car Insurance and how is it calculated? Car insurance customers might have a fair idea of the coverage and the Sum Insured given in their car insurance policy.
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