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
EVs are expensive but economical on the long run; they are likely to become more popular as charging infra improves
Between 2011 and 2020, more than 300,000 vehicles were stolen in the national capital
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To safeguard your vehicle against a cyclone, supplement a comprehensive motor policy with a couple of add-ons
The National Commission observed that possession of a vehicle cannot be given legally without also handing over the registration and insurance documents
Older policies of three and five years will continue till expiry
However, it said specific cases would be considered on merit
With motor insurance premiums set to rise, opting for a voluntary deductible will reduce costs
The idea behind such policies seems to be - lower the mileage, lower is the probability of an accident
Insurance companies expect the new regulations to bridge the gap between insured and un-insured vehicles significantly
The insurance transaction process often includes reliance on third-party service providers, making insurance companies highly susceptible to fraud within and along its value chain
Since the firm did not pay registration fee on time, driving the car was construed as an illegal act
Add-on covers like return to invoice, zero depreciation will cut your out-of-pocket expenses
Before buying, compare premiums online, and opt only for those add-ons that you need
Since policies sold by car dealers are expensive, you can cut your cost considerably by renewing your cover online
It was pointed out that the vehicle was insured as a commercial vehicle