There are two main types of car insurance in India:

🚗 Third-Party Car Insurance (Mandatory) – Covers damages to third-party vehicles, property, or injuries but does NOT cover your own car.
🚗 Comprehensive Car Insurance (Recommended) – Covers third-party liabilities + own damages, including theft, natural disasters, and accidents.

You can also enhance your comprehensive policy with add-ons like:

✔ Zero Depreciation Cover – Full claim without depreciation deductions.
✔ Engine Protection Cover – Covers engine damage due to waterlogging.
✔ Roadside Assistance – Help in case of breakdowns.
✔ Return to Invoice – Full car value reimbursement if stolen or totally damaged.

For full protection, a comprehensive policy with useful add-ons is the best choice.

📌 Third-Party Insurance – Covers only third-party damages and is legally required. No coverage for your own car.
📌 Comprehensive Insurance – Covers both third-party liabilities and own damages due to accidents, theft, fire, and disasters.

If you want full financial security, a comprehensive policy is highly recommended.

The car insurance premium is determined based on:

✅ Car Model & Make – Expensive and luxury cars have higher premiums.
✅ Age of the Car – Older cars may have lower insured value but higher maintenance risks.
✅ Location – Insurance in metro cities is costlier due to higher traffic risks.
✅ Engine Capacity – Cars with higher engine capacity (CC) have higher third-party premiums.
✅ Type of Policy – Comprehensive policies are costlier than third-party insurance.
✅ Claim History – No claims? You get a No Claim Bonus (NCB) discount.

You can also reduce your premium by choosing a higher voluntary deductible (out-of-pocket expense during claims).

No Claim Bonus (NCB) is a discount on your premium for every claim-free year. The discount starts at 20% for the first year and can go up to 50% for five years.

🚘 NCB Discount on Own Damage Premium:

• 1st year: 20%
• 2nd year: 25%
• 3rd year: 35%
• 4th year: 45%
• 5th year: 50%

Even if you change your insurer or buy a new car, your NCB can be transferred.

If your car insurance expires:

❌ You lose coverage, and any damage after expiry won’t be covered.
❌ You lose your No Claim Bonus (NCB) if not renewed within 90 days.
❌ You may have to undergo a vehicle inspection before renewal.
❌ You may face legal penalties for driving without insurance.

To avoid these problems, always renew your policy before expiry.

Yes, you can transfer your car insurance to the new owner. The process includes:

📌 Notifying the insurer about the ownership transfer.
📌 Submitting necessary documents like the sale agreement, RC transfer, and policy papers.
📌 Paying a nominal transfer fee.

However, the No Claim Bonus (NCB) is NOT transferable to the new owner—it remains with you and can be used for your next car.

To file a claim, follow these steps:

✅ Step 1: Inform your insurer immediately after an accident, theft, or damage.
✅ Step 2: File an FIR (if required, such as in case of theft or third-party injury).
✅ Step 3: Provide policy details, accident photos, and repair estimates.
✅ Step 4: The insurance company will send a surveyor to assess the damage.
✅ Step 5: If approved, the insurer will either reimburse you or settle the bill directly with the garage (cashless claim).

For hassle-free claims, choose an insurer with a wide network of cashless garages.

Yes! You can switch insurers while renewing your policy. Benefits of switching include:

✔ Lower premium rates.
✔ Better coverage and add-ons.
✔ No Claim Bonus (NCB) transfer to the new insurer.

Always compare policies before switching to ensure you get the best deal.

Yes! Personal Accident Cover (PAC) of ₹15 lakh is mandatory for the owner-driver, even if you have health insurance. This cover provides compensation in case of:

💥 Accidental Death – Financial assistance to your family.
💥 Permanent Disability – Coverage for loss of limbs, eyesight, or paralysis.

If you already have a PAC from another policy, you don’t need to buy it separately with car insurance.

Car insurance is not just a legal requirement—it’s a financial safety net that protects you from unexpected expenses.

Would you like a personalized consultation to find the best car insurance policy? Let’s secure your car today! 🚗🔒