What is Car Insurance Policy?
Car insurance is the risk protection on road to your car and yourself. It’s financial protection something unexpected happens to car and yourself. Car insurance covers the costs associate with damage to car, to someone car or property, or even hospital fees if you or someone else is injured on road.
Searching the best car insurance is not just about finding the best premium. You want to be get the good deal that matches your risk needs. You want to get that what you are covered if any unexpected happens. We were pretty sure that is a good driver, but you cannot predict accidents or objects like hail, flood or chipping rocks on your windscreen. With a car insurance policy that is just right for your loved car, you can make sure that you do not end up paying from a pocket on all expenses.
Do I need car insurance policy in India?
In India, it is not just risky to drive without car insurance policy – it is also against the Indian law. Even if you do not want a comprehensive car insurance policy, at the very least you must have third- party car insurance policy to cover damages to someone else’s car or property on road, or in case they are serious damages or hurt
What is a no claim discount in car Insurance policy?
If you have not made a claim in the past years, insurance companies offer you a discount on your insurance premium when you renew it. This is good news to save your money, The longer you do not claim the better premium discount you might get it
When should I renew car insurance?
Thirty days or forty-five days before your car insurance policy expires. This will give enough time to renew a policy, if you need one. Insurance companies often already introduce alerts or updates to on their car insurance plans available that might be up your first step, so you should also think about comparing car insurance plans on InsureMile before you renew.
How much car premium should I pay for my car insurance?
Most car insurance companies will look at a few different things to figure out how much you are likely to end up paying for policy. Based on those answers what you have answered to insurance companies, they weigh up your “risky” you are as a driver and how likely you to make a claim and some of the things that increase or decrease premium what you pay each year are:
1. What type of car you have and how old car is
3. The driver/owner – Age and gender
4. Driving experience – From how many years your driving
5. Claim history – How many claims you have done form past 3 years
6. Type of policy cover – What type of cover required, comprehensive, package or third-party cover
7. No Claim Discount – how much percentage no claim passed by the last insurer
You can use a car insurance idv calculator to determine your IDV and premiums or ask an insurance agent to provide you quotes. Or the easiest options, you can compare car insurance online using Insuremile!
How do I know the best car insurance policy for me?
You can call insurance agents or insurance companies and get car insurance quotes or go online with Insuremile to search, compare to find the best car insurance policy for your car. Always check and read the detail terms and conditions to see whether the car insurance policy they are benefits offering is the right fit for your needs
What are types of car insurance do I need buy?
There are more than 22 different car insurance companies in India – and they offer three major car insurance policy types.
This policy covers you if you have any accident and you damaged someone car or property on road.
This policy does not cover your car if you met with accident, or if any other unexpected happens to your car.
This policy is the cheapest insurance policy and lest coverage.
This policy offers the best cover to repair or replace car if car is stolen.
This also cover applies when your car be damage due to an accident, vandalism on road, theft or bad weather.
This policy also covers accidental damages to car, and it covers all your car’s accessories and parts.
it also covers you when a third party makes a claim on you.
This may happen accidentally you hit their car or third-party property.
If you purchased your car on finance , you do not have choice – you have to take out comprehensive cover.
Insurance companies also free other benefits you can add other add-on’s on based on your needs.
For example, you can choose what you to be covered in case your windscreen gets a crack.
If you’re a good driver and you are not use your car to earn extra discount, you might be entitled to a No Claim Bonus
Why choose Insuremile?
With Insuremile three easy steps (search, compare, buy), you can easily compare car insurance in India.
Enter your details in the given form, and you go.
By using your smart values and our comparison engine, you can find which best plans and cheapest and more importantly, which quotes are really the best value for money.
Free. Unlike other online insurance comparison tools, InsureMile is totally free for you to use so you can find and compare as many car insurance plans as you wish before
making your decision and we do not ask for your email id or mobile no
Easy. You don’t need to be a smart guy or genius to use Insuremile.
Find what you need in a few clicks in 3 minutes.
Savings. We can save upto 80% premium by showing you the best available plans and help make sure you are getting best value for money.
Unbiased. We are insurance aggregator and licensed by IRDA india, which means the results we show you are unbiased regardless of Insurance company
Transparent. We show the best top 3 insurance plans based on premium vs insured declared value or car owners most liked and city most liked by customers.
Updated on Jan 27