Start Saving Money on Insurance Policy

Compare Life, Health, Car and Two wheeler Insurance rates from top Insurance companies for free.

Compare Car Insurance Quotes

1,000+ Reviews
Been Here Before?
Get Back to My Quotes

Is It Worth Getting Comprehensive Car Insurance?

Insurance companies in India offer comprehensive insurance policies for cars. These policies are typically offered in the form of a package with liability coverage and third-party liability coverage. In the event of a car accident, comprehensive insurance will cover your injuries and property damage. It also covers legal costs and medical expenses if you're involved in an accident that is not your fault.

Comprehensive insurance policies typically come with deductibles, which are the amount you have to pay out of pocket before the insurance company pays for your losses. The cost of comprehensive insurance is often a bit more expensive than other types of coverage, but it's worth it because it offers more protection in case of an accident.

If you have a low risk tolerance, you should consider buying comprehensive car insurance as it covers damages caused by external factors such as theft and accidents. On the other hand, if you have a high risk tolerance, then you might want to go with only liability coverage as it protects your assets from damages caused by external factors like theft but doesn't cover damages caused by accidents.

What is Zero Depreciation Car Insurance?

Zero Depreciation Car Insurance is a type of car insurance that covers the depreciation of the vehicle and offers an additional amount to cover the running and maintenance costs. The depreciation cover is offered by most car insurance companies in India. The insurance company pays for the depreciation of your vehicle, which can be up to 50% of its value.

What is Zero Depreciation in Car Insurance?

A Zero depreciation add-on cover, also known as Nil Depreciation and Bumper-to-Bumper cover, is a popular car insurance add-on cover under the Own Damage section of your comprehensive car insurance policy. This is typically chosen by car owners when there is a claim settlement, and the depreciation amount doesn't factor in. Zero depreciation car insurance offers protection in the event that the insured peril is engaged with accidental damage to the vehicle.

What is Third Party Insurance?

Third party insurance is a compulsory motor insurance policy to be taken by the motor vehicle owner/driver before driving the vehicle in public places. Third party insurance covers the bodily injury or third party property damage caused due to the involvement of the insured vehicle. Third party motor insurance is mandatory as per the Motor vehicles Act without which the owner/driver of the vehicle would be punished with up to a Rs.5000 fine or up to 3 months of imprisonment or both.

Which Car Insurance is Best in India?

The best car insurance in India should have a good car insurance premium charged by the best insurance companies differs as per the coverage offered by the insurance companies. There are few factors that are to be considered before selecting the best car insurance that provides a claim settlement ratio & Cashless garages, IDV, Riders or Add-ons, Premiums, After Sales service, etc.

What is Third Party Car Insurance in India?

A third party car insurance is an agreement between the insurance company and the insured customer in which the insurance company agrees to settle the bodily injury or property damage claim of third parties involved in an accident with the insured customer in exchange for a considerable amount known as “Premium”. The third-party car insurance covers the death or bodily injury of the third parties involved in an accident with the insured’s car and also the property damage of third parties due to an accident.

Related Question

  • What is zero depreciation car insurance in india
  • Is it safe to buy car insurance online
  • How is bharti axa car insurance
  • Which is best insurance policy for car in india
  • Which is the best insurance policy for car

Deductible for Car Insurance Claim

An insurance deductible is an amount of money that you pay for each claim out of your own pocket. This decreases the amount the insurance company has to cover.

Car Insurance for Disabled Persons

Buy Car Insurance for a disabled person/vehicle that covers you from the cost of replacing, roadside assistance, and temporary & permanent disabilities due to accidents. Compare leading insurers and get a quote.

Buy Car Insurance for Rental Cars in India

Rental car insurance is insurance coverage for a rental car. It will cover you against damages, theft, and also damages to third-party property/life. Buy a Car Insurance for Rental Cars at PolicyBachat.

New India Assurance Vs Oriental Car Insurance Comparison

New India Assurance vs Oriental Car Insurance Comparison is about the benefits, features, claim settlement process, and coverages. Buy/Renew the best car insurance policy that suits your budget and needs.

New India Assurance Vs National Car Insurance Comparison

New India Assurance vs National Car Insurance Comparison is about the benefits, features, claim settlement process, and coverages. Buy/Renew the best car insurance policy that suits your budget and needs.
Dots

Start Saving Money on Insurance Policy

Compare Life, Health, Car and Two wheeler Insurance rates from top Insurance companies for free.

1,000+ Reviews
Been Here Before?
Get Back to My Quotes

Please wait while your request is being processed.