Over the past year, some Chinese insurers have hiked premiums or backed away from selling EV policies, leaving vehicle owners struggling to find affordable coverage
A zero depreciation add-on in car insurance can help you avoid hefty out-of-pocket repair costs by covering the full replacement value of parts, even after wear and tear
People are raising concerns around E20 non-compatible vehicles, like poor mileage. Experts say that insurers too could reject or cut claims if engine damage is linked to the fuel.
Vandalism and floods may be covered under standard policies, but repeated rodent damage or heat-related wear may lead to claim rejection. Experts explain how to stay protected
'Failing to transfer insurance can lead to claim rejection, fines and even legal action', warn experts.
Customers can purchase short-term Own Damage (OD) insurance as a standalone OD policy or as short-term OD component of comprehensive policy
Hyundai i10 topped the list as the car involved in the highest number of accidents, followed by the Maruti Suzuki Swift and Maruti Suzuki Baleno. Hyundai i20 and Maruti Suzuki Dzire ranked fourth
Driving without valid insurance can invite heavy fines or even legal action
The National Commission ruled that the insurance policy is deemed to be automatically transferred to the purchaser when the vehicle is registered in their name
While traversing a flooded road, water can enter engine, causing damage. This is usually not covered by comprehensive policies. To get this coverage, customers need to buy the engine protection cover
Autotech and financial solution provider CarDekho Group is eyeing over 40 per cent consolidated headline growth in FY25 and is on the prowl for value-accretive acquisitions, chief executive and co-founder and Shark Tank India judge Amit Jain has said. Jain who leads CarDekho and is a familiar face on the business reality series Shark Tank India told PTI in an interview that the automobile marketplace (CarDekho) has been profitable for years now and hoped that profitability at a group level would come by in FY25, after which an IPO would follow. Jain described CarDekho as a "growth story with sustainability" and said the Group expects to notch 50 per cent growth (CAGR) in the current fiscal, with businesses like InsuranceDekho (insurtech platform) and Southeast Asia Business aiding growth. The South East Asian market (Indonesia, the Philippines, and Malaysia) is yielding strong numbers, he said, adding that the company is evaluating the Middle East market (UAE and others) as the next
Our best stories this week explain how to review a key component of your financial portfolio and how to invest in art
The insurance add-on launched for private cars, covers expenses incurred in the repair/replacement of the batteries and any associated charges due to unexpected power surges while charging
Do not start a flooded car as it could cause further damage that may not be covered by your motor policy
It is important for policyholders to understand that standard car insurance policies might not provide adequate coverage for specific monsoon-related perils
There are many different types of car insurance policies available, each with its own set of coverage options. It is important to choose a policy that meets the needs of the car owner