Innovations in Vehicle Insurance

Innovations in Vehicle Insurance

As one of the fastest growing economies in the world, India has witnessed a massive growth in vehicle insurance. As our vehicles get more expensive and the roads less safe, motor insurance has become a necessity. With such massive growth in the vehicle insurance industry, companies are now looking at new innovations to attract clients. Vehicle insurance in India is…

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Car Insurance Add-Ons

Now with many add-on Coverage features, you can get the full Premium amount on any damage or loss. This is because your Insurance Agent can now offer you several ancillaries or add-on coverage features. These are the additional features and you have the choice to either add them or not. When you add a feature, there will be an additional…

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How Deductibles Affect Car Insurance?

How Deductibles Affect Car Insurance?

Innumerable types of car insurance are available in the market and when it comes to buying one, you consider its various aspects like car insurance premium, car insurance coverage, Bonus and various offers. However, if you do not give a thought to the Term deductibles and choose it randomly, you may end up paying a huge amount of cash in…

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How IDV Affects Car Insurance and How to Calculate IDV?

How IDV Affects Car Insurance?

IDV refers to the Insured Declared Value of your car. In practical terms, this is the amount that you as the holder of your motor insurance policy, will receive in case your car gets stolen or suffers a total loss. This is why understanding and getting the right estimate of your car’s insured declared value is essential to reap benefits…

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How Do Cashless Car Insurance Claims Work?

How Exactly Do Cashless Car Insurance Claims Work?

What makes the cashless claim policy different is the fact that in case of any mishappening, you are required to inform your Insurer immediately, and the company, in turn, direct you to one of the authorized garages. In this case, you – the Policyholder – don’t have to pay anything, your car insurance company will directly pay for the repairs….

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