rewtwegrtor

This is because insurers see the addition of safety features

08/07/2019

 This is because insurers see the addition of safety features – such as airbags, immobilizer, central locking, etc. You can be penalised if you are found driving without a valid car insurance policy.4.The Motor Vehicles Act, 1988, mandates all car owners to at least own a third-party insurance cover. Opt for voluntary deductibles Voluntary deductibles allow you to lower the premium of your insurance policy. Also read: Demystifying third party cover and comprehensive motor insurance policy3. However, do ensure that the anti-theft equipment is Automotive Research Association of India (ARAI)-approved, or you would not be eligible for these terms. In most cases, the higher you go up in a cars trim list, the lower the difference in insurance premium cost. – in the higher trims as factors that reduce the chance of an insurance claim.(Source: InsuranceDekho). In practice, it means that the insurance provider will cover the entire cost of repairs carried out on your car. Also read: Third-party car insurance prices to go up from June 16 2. No motor vehicle owner can drive his or her car without opting for this minimum protection. If you use your car occasionally, opting for regular comprehensive insurance type would be the right choice. 5. 1. The zero-depreciation type ensures that your car remains unaffected by depreciation. Motor insurance protects your vehicle and provides coverage in case it suffers damage due to any reason. For a car that is driven daily, a zero-depreciation policy works much better.

Covers such as those for water ingress in the engine (hydrostatic lock), theft and accidents that lead to scrapping (return to the invoice) ensure you are not caught off guard. InsuranceDekho shares some essential facts to consider while evaluating a car insurance policy. Right car/trim level When you choose a car, do look at its variants and cost of insurance. If you opt for Voluntary deductibles a portion of the claim amount will have to be borne by you. Add-on covers Opting for the right add-on covers will increase the coverage of your insurance policy and ensure protection for you. In the case of a regular comprehensive policy, one needs to pay a certain part of the cost of repairs in case the car meets with a accident. Type of InsuranceThere are two types of insurance that you can buy for a new car – comprehensive policy with add ons or a liablity only policy.Which policy should you choose? The question is important. It is important that you consider add ons basis your driving behaviour before buying a policy. Anti-theft equipment Insurance companies provide you with favourable terms if ac motors Suppliers your car has antitheft features such as central locking, immobilizer, etc