Cheap Car Policy

Car insurance is a policy between a vehicle proprietor & vehicle insurance agency that vows to safeguard you and your vehicle against any harms emerging because of a mishap. Secure Your Car & Save upto 75%* on Plans presented by Insurers

 

What is Car Insurance?

Vehicle insurance is a policy between a vehicle proprietor and an overall insurance agency wherein the last option vows to safeguard the vehicle proprietor from monetary misfortunes which might happen because of a lamentable occasion including his/her vehicle. Contingent upon the extent of inclusion, there are 3 sorts of vehicle insurance contracts – Third-Party Car Insurance, Standalone Own-Damage (OD) Car Insurance, and Comprehensive Car Insurance. To keep on profiting the advantages of these approaches, the vehicle protection recharging ought to be handled on time by policyholders.

 

Types of Car Insurance

Comprehensive Car Insurance

A Comprehensive Car Insurance strategy is the most broad vehicle protection cover under which an insurance agency is responsible to pay for monetary liabilities caused towards a outsider as well with respect to the own-harms supported by the protected’s vehicle. Notwithstanding street mishaps, the approach is pertinent in case of regular catastrophes, man-made fiascos, self-start or lightning, blast, fire, robbery, etc

 

Third-Party Car Insurance

Third-Party vehicle insurance contract is an obligatory necessity for driving a vehicle in India. It is the most essential vehicle insurance plan and is in this way called Liability Only Car Insurance Contract. Under this cover, the insurance agency is at risk to pay for the real wounds, super durable inability, impermanent handicap as well as death of the outsider brought about by a mishap including the protected’s vehicle. This plan additionally gives inclusion to property harm brought about by the outsider up to Rs. 7.5 Lakh.

 

Own Damage Car Insurance

In September 2019, the Insurance Regulatory and Development Authority of India (IRDAI) introduced the independent Own-Damage vehicle insurance contract. Under this arrangement, the protected gets protection inclusion just for the own-harms supported by his/her four-wheeler in a street mishap, normal/man-made disaster, fire, blast, robbery or some other incident. An independent own-harm vehicle insurance contract focuses on offering the protected the adaptability as far as the protection supplier they need to pick.

 

Compare Car Insurance Plans

  • IDV ₹ 3,38,990
    Premium Starting at ₹ 6,427* (20% discount)
  • IDV ₹ 3,07,205
    Premium Starting at ₹ 6,657* (76% discount)
  • IDV ₹ 3,45,605
    Premium Starting at ₹ 7,014* (76% discount)

Note: The premium shown is for Maruti Swift 2017 model and its a confidential vehicle with an ongoing dynamic policy.

 

How to Choose Four Wheeler Insurance Policy Online?

You can pick an ideal vehicle protection online arrangement by following a few focuses given below:

1. Select the Type of Plan – Assess your vehicle insurance needs and conclude the kind of contract you really want. Pick an outsider cover or extensive cover in light of your requirements.

2. Think about Policies – You ought to analyze different vehicle protection plans on the web. The correlation makes it simpler to pick the best vehicle protection plan according to your financial plan and needs.

3. Check for IDV and Premium – The IDV alludes to the ongoing worth of your vehicle on the lookout and the sum that a guarantor can most extreme compensation you if there should be an occurrence of complete misfortune or vehicle harmed hopeless. A higher IDV can give you expanded inclusion yet it builds the premium also. In this way, check for how much IDV and select the one which you can manage and require.

4. Request Add-on Covers – Add-on covers extend the inclusion of your strategy. You can get it by paying an extra premium. You ought to ask about the additional items and pick the one which suits your requirements the best. In any case, you can have these covers just with the complete protection plan.

5. Search for the Claim Process – Look for an insurance agency that has a straightforward and quick case process. To affirm the nature of the case interaction of back up plans, you can actually look at their Claim Settlement Ratio (CSR) prior to finishing. It alludes to the level of cases settled by the safety net provider in a year. It is smarter to purchase an arrangement from an organization with high CSR.

 

Key Highlights of Car Insurance Policy

Benefits of Buying Car Insurance?

A vehicle protection offers a large group of advantages to its policyholders. The key advantages are as per the following –

    • Helps You Stay Legally Compliant

      A vehicle insurance assists you with remaining lawfully consistent as per Indian Motor Tariff, each vehicle proprietor is compulsorily expected to host basically a third-gathering vehicle protection contract. The shortfall of which is culpable with a fine of Rs. 2,000 as well as detainment of up to 3 months.

    • Protection Against Third-Party Liabilities

      A vehicle insurance contract assists you with relieving outsider liabilities like substantial wounds, transitory/long-lasting incapacity, demise as well as property harm. While, the pay of outsider property harm is restricted to Rs. 7.5 Lakh, there is no pay cap on the off chance that outsider substantial wounds, incapacity or death.

 
  • Protection Against Own-Damages

    A vehicle insurance contract assists you with keeping yourself monetarily got against the own-harm costs of your vehicle. Harms brought about in street mishaps, normal catastrophes, man-made fiascos, fire, blast, defacing, and so forth are covered under independent own-harm as well as exhaustive vehicle protection plans.

  • Coverage Against Theft

    A vehicle insurance contract likewise gives inclusion in the event of robbery of your vehicle. On the off chance that your vehicle gets taken, your insurance agency gives you your vehicle’s Insured Declared Value (IDV) which relates to the market cost of your car.

  • Personal Accident Cover

    With a vehicle insurance contract, you can likewise get an individual mishap front of up to Rs. 15 Lakh which offers an inclusion if there should be an occurrence of death, real wounds as well as handicap of the policyholder in a vehicle accident.

 

Top Car Insurance Companies in India 2022

Here’s the rundown of the best vehicle insurance agency as per the case settlement proportion (CSR) enrolled by them with IBAI in the monetary year 2019-2020.
Rank Companies Network Garages Claim Settlement Ratio
1 Bajaj Allianz General Insurance 4,000+ 88.83%
2 Bharti Axa General Insurance 5,200+ 87.99%
3 Hdfc Ergo General Insurance 6,800+ 91.23%
4 Icici Lombard General Insurance 8,800+ 87.71%
5 Iffco Tokio General Insurance 4300+ 95.30%
6 Kotak General Insurance 1,300+ 82.81%
7 National General Insurance 3,100+ 85.71%
8 New India General Insurance 3,000+ 89.60%
9 Reliance General Insurance 6,200+ 84.26%
10 Sbi General Insurance 16000+ 89.51%
11 Tata Aig General Insurance 5,000+ 90.49%
12 United India General Insurance 3,100+ 82.93%
13 Universal Sompo General Insurance 3,500+ 90.78%
 

How to Buy Car Insurance Online?

The interaction of purchasing a vehicle protection is very straightforward and simple. This is the way you can purchase the right vehicle protection online with us. 

  • Step 1Fill Your Car Details
    Fill Your Car Details

    Provide your vehicle subtleties like its make, model, and so on, to see vehicle protection cost presented by top protection suppliers in India.

  • Step 2Compare Car Insurance Quotes
    Compare Car Insurance Quotes

    From all the accessible vehicle protection plans, select the arrangement which suits your spending plan & necessities in the best manner.

  • Make Payment Online
    Make Payment Online

    Pay the arrangement charge online & get your vehicle protection record immediately in your inbox.