8 things to know about “car insurance” then there will never be any trouble


do not spend much time in searching for better car insurance, while more road accidents in the country cause a lot of damage to cars. To avoid such loss, we should take damage cover at our level, it is very important to keep these 8 points in mind while taking it:

1. Idv
This is the maximum amount that one can claim in case of car theft or damage. The IDV is determined by subtracting the depreciation from the price of the car. If the car is more than 5 years old, then the price of the car is decided by mutual agreement.

2. Coverage
It occurs in two parts. The first third party who pays compensation to the family suffering in the loss. Another optional damage cover, it provides protection from damage in theft, accident, fire, natural disaster etc.

3. Add on / top up
It is like taking more facilities by paying some extra money. For example engine protectors, zero dep, 24×7 roadside assistance etc. One can choose the rider according to his need.

4. exception
We should know what is covered in the policy and what is not. It is both our right and duty. Before taking insurance, we should explain one thing from the insurance company.


5. Deduction amount
This means that at the time of Claim, we will bear a part of ourselves already. If you agree on a higher deduction, then the cost of the policy decreases in the same proportion.

6. Ease of claim
Nowadays the claim disposal process has become very easy and fast. Many companies are providing this facility at your doorstep. While insurance, it will be beneficial to see how technologically friendly the company is.

7. Insurance company network
It is very important to find out how strong the network of the company we are insuring is in or around our city. Such as his tie up from a garage or service centers.

8. No claim bonus
This is the amount that is received as a discount at the time of renewal for not claiming insurance. Even if we are buying a new car, the no claim bonus of the old car can be transferred.


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