An agreement between the policyholder and the insurance provider governs auto insurance. Both the insurance company and the insured agree to pay the premium and to reimburse damages as specified in the policy.
Zero depreciation insurance helps you get a full insurance claim (without depreciation deduction) on your vehicle. In short, this insurance is also called ‘Zero Dep Insurance‘. It is add-on insurance, which is different from the main vehicle insurance policies (third party insurance, comprehensive insurance, personal accident insurance). It also gives you additional protection from the … Read more
Source CNG or Compressed Natural Gas, is a natural gas under pressure that remains non-corrosive, clear, and odorless – and thus we can use it as a greener, cheaper, as well as a more efficient substitute to the traditional diesel and petrol fuels for vehicles. And to motivate the Usage of CNG, the Indraprastha Gas … Read more
Comprehensive insurance vs third party insurance options is available for those owners who want to insure their automobiles. It is necessary to insure a car because when you encounter with an accident, you do not want to leave in the inclination, do you? Before knowing or comparing between the comprehensive insurance vs third party insurance … Read more
Source In India, it is mandatory to insure any engine-driven vehicle, be it a four-wheeler or a two-wheeler. Now it will become mandatory to get insurance for most electric vehicles, as well. If a vehicle is caught without insurance, it can result in a fine of INR 2000 or 3 months of jail. In case … Read more
Have you forgotten to renew your bike insurance before it has been lapsed or expired? There are times we forget the most important thing under the pressure of our daily life. So forgetting to renew bike insurance before it gets lapsed is not a big deal. You can also renew your bike insurance for lapsed … Read more
The Supreme Court had directed the Indian Insurance Regulatory and Development Authority (IRDA) to make this rule mandatory for third party insurance for car from September 1. IRDAI has issued circular in this context to direct non-life insurance companies. So far only two-wheelers were available for more than one-year insurance cover in the market. According … Read more
Source Commercial or business vehicle insurance is essential to possess your trade running effortlessly. Whether you possess a minor business with a company or a single van running a whole task force of business vehicles, commercial/business vehicle insurance is both useful and mandatory. Getting the accurate level of commercial/business vehicle insurance, like taxi insurance, truck … Read more
Source In the car insurance, there are a handful number of add-on available and the Return to Invoice (RTI) is one of the most important add-ons among those add-on’s available. However, before knowing what is RTI in car insurance, we shall know the limitations of the traditional comprehensive car insurance policies. Comprehensive car insurance plan … Read more
Source A bike insurance third party protects your vehicle from losses brought on by any injury or property damage caused to a third party while operating the insured two-wheeler. If a third party is killed in an accident that was caused by the policyholder’s vehicle, third-party two-wheeler insurance even offers legal protection. All two-wheeler owners … Read more
Covering your business against all types of liabilities is important. Liability insurance covers provide a broad range of liability products such as public liability (property damage and industrial injury) from non-industrial works and industrial, professional compensation, product liability, and so many more. General liability insurance covers costs identified with non-representative wounds that occur at your … Read more