Car Insurance Comparison: Why is it necessary?
Car Insurance Comparison: Why is it necessary?
It is necessary to compare the car insurance policies as it can save a substantial amount of money and give you better coverage options.
However, comparing the policies manually can be a daunting task. Policy Bazaar makes it fairly easy for you. When you compare quotes here you can save upto 55% on car insurance premiums along with getting add-ons like riders and benefits on your plan. Make an informed purchase.
Compare online and know your car insurance plan properly before buying.
There are primarily 3 types of car insurance:
accessories cover, engine protector, zero depreciation cover, medical expenses, etc. This type of coverage is the most popular as it offers end-to-end coverage and thus less stress for the policyholder.
* Loss or damage if a policy is not in force.
* Gradual wear and tear of car and its parts.
* Loss or damage to vehicle when driven by person without a valid driving license.
* Loss or damage to vehicle as a result of intoxication due to drugs, alcohol etc.
* Loss or damage to engine as a result of oil leakage.
* Loss or damage to vehicle as a result of abuse of car manufacturer's guidelines.
Carefully fill in your complete details. This is an important step and will save you a lot of hassle during claim time.
You have to fill a few simple details like make of the car, model, variant, year of manufacture, etc. You will then get quotes from various insurance providers. To get better discounts you must fill the form carefully. This way you will get customized quotes, one which saves money (upto 55%) on premiums and is also the best fit as per your needs.
You must be familiar with the following terms while filling the form:
It is necessary to compare the car insurance policies as it can save a substantial amount of money and give you better coverage options.
However, comparing the policies manually can be a daunting task. Policy Bazaar makes it fairly easy for you. When you compare quotes here you can save upto 55% on car insurance premiums along with getting add-ons like riders and benefits on your plan. Make an informed purchase.
Compare online and know your car insurance plan properly before buying.
Online Car Insurance Coverage
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| Compare Car Insurance Online |
There are primarily 3 types of car insurance:
Third Party Liability Coverage
Third Party car insurance provides cover against any legal liability to a third party caused when you are at-fault driver. It covers damage/injury caused by you to another person/property. A Third Party Liability cover is legally mandatory in India under the Motor Vehicles Act.Collision Coverage
Collision coverage protects the insured financially against damage of their own car. It pays the insured for damage caused by collision which is usually an accident. Damage or loss due to theft or vandalism is not included in collision coverage.Comprehensive Coverage
A comprehensive coverage is extensive and includes damage of car, theft of vehicle, third party legal liability and personal accident cover. The policy coverage can be further extended by opting for add-ons likeaccessories cover, engine protector, zero depreciation cover, medical expenses, etc. This type of coverage is the most popular as it offers end-to-end coverage and thus less stress for the policyholder.
What is not covered in Car Insurance?
Following features are usually not covered in car insurance:* Loss or damage if a policy is not in force.
* Gradual wear and tear of car and its parts.
* Loss or damage to vehicle when driven by person without a valid driving license.
* Loss or damage to vehicle as a result of intoxication due to drugs, alcohol etc.
* Loss or damage to engine as a result of oil leakage.
* Loss or damage to vehicle as a result of abuse of car manufacturer's guidelines.
Documents for car insurance
Eligibility/Documentation Required for Car Insurance. Getting a car insured requires minimal documentation. For a new policy, you must submit the filled up proposal form and copy of the Registration Certificate (RC). For renewals, you will need copy of the RC (Registration Certificate) along with the copy of previous insurance policy.Carefully fill in your complete details. This is an important step and will save you a lot of hassle during claim time.
How to Compare Car Insurance Online?
You have to fill a few simple details like make of the car, model, variant, year of manufacture, etc. You will then get quotes from various insurance providers. To get better discounts you must fill the form carefully. This way you will get customized quotes, one which saves money (upto 55%) on premiums and is also the best fit as per your needs.
You must be familiar with the following terms while filling the form: