How Car Insurance Works
Car insurance is given to you based on various factors like the brand and model of your car, what kind of driver are you, and your past car insurance history. You may opt only for a third party cover or a comprehensive car policy based on your need.
The comprehensive policy is a package of different types of features (add-ons) like liability cover, accident cover, invoice cover, consumable cover, engine cover etc. All these are discussed in a separate section on our website.
Please note, while buying a car insurance, you are required to choose a deductible, which is the amount you are willing to pay, against the losses incurred. This amount determines the annual premium you will pay for your car insurance. Higher the deductible, lower the premiums.
The insurance company pays a part of the losses, while the deductible amount chosen by you will be paid by you. For example, if the total expenses you have to bear to get your car repaired after an accident are INR 20,000/-. Your chosen deductible is INR 5,000/-, then the insurance company will pay INR 15,000/- and you will pay INR 5,000/- from your pocket.
While buying a car policy, choosing a deductible is an important step as you pay the deductible for each and every situation in which you require your insurance company to cover damages.
If you face a grievous situation with your car, simply claim for car insurance and you will be reimbursed as per the eligibility mentioned and add-ons attached with your type of policy.
You need not go anywhere! Buy your car policy online at easypolicy.com after comparing all the policies and add-ons at just few clicks!