Motor Insurance

Mon, May 13, 2024 | 3 min read

Getting your driving license is one of the most exciting moments of your life. It is no less than an achievement and a reason to celebrate! Drive around alone at night with the windows rolled down and your favourite music playing, go on road trips with friends or simply enjoy comfortable conveyance to the workplace.

Thu, April 25, 2024 | 3 min read

There was a 30% jump in the average budget for purchasing cars in India in 2022, as per a Mileage Report. The same year also saw an 81% surge in people purchasing their second car.

Mon, April 22, 2024 | 3 min read

GK Chesterton had once written that he experienced “bitter envy” when London was flooded in his absence since the city looked like Venice. He even imagined gondolas moving elegantly through the London streets.

Tue, January 9, 2024 | 3 min read

A valid insurance policy is not just mandatory for every car in India, it also protects you against financial liability associated with third party damage due to your vehicle by offering coverage for third-party disability, death or property damage in case of an accident. Car owners will receive cashless services in multiple network garages and hospitals across the country.

Mon, January 8, 2024 | 5 min read

Motor insurance is a legal requirement under the Motor Vehicle Act. It provides financial protection against damages or losses caused by accidents, theft, natural disasters, or third-party liability.

Mon, January 8, 2024 | 5 min read

Wondering if a comprehensive motor insurance policy offers protection to co-passengers in case of an accident? Accidents, theft, or damages to your vehicle can result in significant financial expenses. A motor insurance policy acts as a safety net by covering the costs of repairs or replacement, saving you from bearing the burden on your own.

Fri, January 5, 2024 | 5 min read

Is it possible to have two dual motor insurance policies for a single vehicle in India? If you're a vehicle owner in India, you are legally required to have motor insurance. This ensures financial protection against accidents and damage.

Wed, January 3, 2024 | 4 min read

Motor insurance helps protect the policyholder against medical and legal expenses in case of an untoward incident. Most importantly, it covers any damage to not just your vehicle but third-party damage and injury as well.

Wed, January 3, 2024 | 5 min read

Wondering how IDV is calculated in motor insurance? Picture this: You're the proud owner of a shiny new car. However, what if your beloved vehicle gets stolen or damaged beyond repair? How much would your insurance provider reimburse you? This brings us to Insured Declared Value (IDV) in motor insurance, a crucial factor in determining compensation.

Wed, January 3, 2024 | 5 min read

Wondering what is a deductible in the context of motor insurance? Motor insurance is a crucial aspect of owning and driving a vehicle in India. The main advantage of motor insurance is that it provides financial protection against damages caused to your vehicle, third-party liabilities, and personal injuries.

Wed, January 3, 2024 | 5 min read

Car insurance is a crucial aspect of responsible vehicle ownership, providing financial protection against potential accidents, damages, and liabilities. A common question is why car insurance premiums often remain the same even as the value of a car depreciates over time.

Fri, December 29, 2023 | 5 min read

Calculating the premium for your motor insurance policy can seem like a daunting task. With the rise of digital technology, however, calculating the premium for your car insurance policy online is now easier than ever.

Fri, December 29, 2023 | 5 min read

Motor insurance is a mandatory requirement for all vehicles plying on Indian roads. As per the Motor Vehicle Act of 1988, it is compulsory to have at least third-party insurance coverage to protect against any liability arising from third-party damages.

Fri, December 29, 2023 | 6 min read

Wondering if you can add riders to your third-party motor insurance policy? First, picture this: You're cruising along the open road. Suddenly, a small stone ricochets off the road, leaving a tiny crack on your windshield.

Wed, December 27, 2023 | 5 min read

Do you want to understand the basics of motor insurance? It is mandatory to have motor insurance in India before plying your vehicle on its roads. To make it reachable to all, the IRDAI offered two variants of motor insurance.