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CAR INSURANCE

This information will let us know basic information about your car

RTO is required.
Manufacture is required.
Model is required.
Variant is required.
Registration year is required.
Previous insurer is required.
Previous policy expiry is required.
Manufacture date is required.
Purchase date is required.
Registration date is required.
Policy expiry date is required.
Owner Name is required.
No Claim Bonus is required.
Clarify All Doubts Related Car Insurance

Car insurance policy is a basic cover for your car.Enter your basic details like your car purchase date, RTO number, car manufacturer, car model and version of car, owner age which is neccessary for discount on premium rate.

  • Your passengers
  • Your fellow drivers
  • Other people's property
  • Pedestrians
  • Yourself

If you own a car in India you need to have car insurance by law. Car insurance protects you from financial loss and liability. Apart from the fact that it is legally required, it can save you from financial ruin. While driving you are responsible for the safety of:

Insurance helps cover the costs of potential damages or injuries in case of an unforeseen accident or theft and helps you in obliging any legal liability arises because of your driving. In its simplest sense, car insurance is smart planning that can help protect you from expensive, sometimes devastating surprises.

Private car insurance policy can be renewed online, provided you renew it between the period starting 2 months before expiry and 6 days after expiry of the previous policy. Please keep in mind that not all the insurer has online buy / renew facility with them.

No Claim Bonus (NCB) is the discount earned in the own damage part of premium due to a claim free year. An insured becomes entitled to NCB only at the renewal of a policy after the expiry of the full duration of 12 months. As per the schedule of tariff, NCB can be earned in the Own Damage section of Policies covering all classes of vehicles but not on Motor Trade Policies (Road Transit Risks / Road Risks / Internal Risks) and policies that cover only Fire and / or Theft Risks.

Yes, in case you are changing from one insurer to other and have accrued some NCB from the first one, you can always get the benefits for your NCB with the new insurer. You only need to show evidence that you are entitled to No Claim Bonus from your previous motor insurance company. Evidence can be in form of:

  • A renewal notice or
  • A letter confirming the NCB entitlement from the previous insurer
  • A written declaration

A cover note is a temporary certificate of insurance issued by the insurer before the issuance of a policy, after the insured has given a duly filled in proposal form and has paid the premium in full. A cover note is valid for a period of 60 days from the date of issue of the cover note and the insurer will issue the certificate of insurance before the cover note expires.

There are two types of policy - comprehensive policy and third party insurance. The comprehensive insurance policy offers protection to you and your car. The comprehensive cover comprises of-

  • Damage to your vehicle
  • Third party legal liability
  • Personal accident cover to driver (owner)

Third party insurance is part of comprehensive policy but can be purchased alone. It is mandatory to have third party insurance policy.

Followings are generally not covered under any comprehensive policy:

  • Mechanical breakdown
  • Wear & tear
  • Consequential loss
  • Depreciation
  • Deliberate accident loss
  • Intoxicated driving
  • Any contractual liability

If the person driving the vehicle has a valid license, the vehicle is insured for all the accidents that occurred due to the hazards specified. To insure the person driving the vehicle, who is not the owner, an additional personal accident cover has to be taken for unnamed passengers. For the owner-driver, the policy compulsorily has a personal accident cover, as per tariff.

The insured is adequately covered in case of an occurrence due to the specified hazards leading to bodily injury/ permanent disability or death. The motor insurance policy essentially has a PA cover for the owner-driver, as per tariff, for which no extra premium is to be paid. For a person other than the owner and driver, the PA cover has to be taken separately paying an additional premium. The amount paid as compensation depends upon the extent of cover opted for. And for the driver, the extent of the cover is in accordance with the Workmen's Compensation Act.

NCB will be forfeited in following cases only:

  • If there is any claim made
  • If there is a break in the insurance period for more than 90 days

You can insure your vehicle accessories under electrical and non- electrical items whose amount is not included in the showroom price of the car but are fitted separately to the vehicle. For that you need to declare the value of such items separately, which will be added to the sum insured over and above the IDV (Insured's Declared Value).

In case of vehicles fitted with bi-fuel system such as Petrol/ Diesel and CNG/LPG, permitted by the RTA concerned, the CNG/LPG kit fitted to the vehicle is to be insured separately at an additional premium of 4% on the value of such kit. You need to specifically declare this in the proposal form.

The Insured's Declared Value (IDV) of the vehicle will be deemed to be the 'SUM INSURED' for the purpose of motor tariff and it will be fixed at the commencement of each policy period for each insured vehicle. The IDV of the vehicle is to be fixed on the basis of manufacturer's listed selling price of the brand and model as the vehicle proposed for insurance at the commencement of insurance /renewal and adjusted for depreciation (as per schedule specified below). The IDV of the side car(s) and / or accessories, if any, fitted to the vehicle but not included in the manufacturer's listed selling price of the vehicle is also likewise to be fixed. Schedule of Depreciation for arriving at IDV

  • Below the Age of the vehicle & % of depreciation for fixing IDV
  • Not exceeding 6 months: 5%
  • Exceeding 6 months but not exceeding 1 year: 15%
  • Exceeding 1 year but not exceeding 2 years: 20%
  • Exceeding 2 years but not exceeding 3 years: 30%
  • Exceeding 3 years but not exceeding 4 years: 40%
  • Exceeding 4 years but not exceeding 5 years: 50%

The value of accessories is calculated on the original cost of purchase of the accessory less depreciation for the usage. The depreciation is applied at the same rate as is applied for a vehicle for calculating IDV (Insured's Declared Value).

This covers Legal liability to paid drivers /and/or cleaner employed in connection with the operation and/or maintenance of motor vehicle under the Workmen's Compensation Act, Fatal Accidents Act and at Common Law.

The premium payable on a vehicle depends on:

  • Type of vehicle
  • Age of vehicle
  • City of registration
  • Period of coverage (For less than 12 months) and
  • Any applicable discounts/loadings, as per relevant General regulation of motor tariff.

Yes, you would be required to pay premium again.

A discount of 50% is available on the own damage premium provided they modify such vehicles for use. The above discount is also available for institutions exclusively engaged in the service of the handicapped.

Yes, as a member of any of the following Automobile Association, a discount is given under the policy. The Associations are:

  • Automobile Association of Eastern India
  • The United Province Automobile Association
  • The Western India Automobile Association
  • The Automobile Association of Southern India
  • The Automobile Association of Upper India

If the vehicle is fitted with anti theft devices, which is approved by the Automobile Research Association of India (ARAI), a discount on own damage premium is allowed.

ARAI stands for Automotive Research Association of India. In case you have installed ARAI approved anti theft device in your vehicle, whose installation is duly certified by the agency, you get a discount of 2.5% on the OD Premium to a maximum of `500.

Generally following procedure adopted by the insurers once the claim form is filled and filed along with the necessary documents.

  • The surveyor attends the claim within 24 hours from the time of intimation.
  • Take photographs, assess, estimate and inform assessed estimates to the User within the same day of assessment.
  • After the completion of the job, the Surveyor carries out re-inspection. The insured then makes payment to the workshop/ garage as per the surveyor's assessed estimation and releases a proof of release document. (The proof of release is an authenticated document signed by the insured to release his vehicle from the garage after it is checked and repaired). Lastly, the insured submits the original bill, proof of release and cash receipt (derived from the garage) to the surveyor.
  • The surveyor then sends the claim file to the Insurance Company for settlement along with all the documents.
  • Insurance company then reimburses the Customer within seven working days from the date of receipt of claim file.

Third party insurance is part of comprehensive policy but can be purchased alone. It is mandatory to have third party insurance policy.

Yes, if you take your vehicle to insurer's authorized garage/workshop for which insurer have agreement for cashless facility, you can avail cashless repair of damages. These garages come under network garages.

Insured will have to bear the following charges:

  • The amount of depreciation as per the rate prescribed by the Tariff advisory Committee
  • Reasonable value of salvage
  • Compulsory and voluntary deductions under the policy, if insured have opted for it.

The claim is still valid even after the expiry of the policy date because the event took place during the policy period.

Yes, if claim is filed for any kind of damages during the insured period, at renewal, all the NCB ceases that have been accrued over the years. So it is advisable to always compare the amount of future NCB and claims before filing for any claim.

Deductible is the portion of claim that is not insured under the policy. Voluntary deductible is the amount that you have to compulsorily bear during the event of a claim.