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Vehicle Insurance

8 Factors That Define Your Car Insurance Premium

Car insurance in India is a mandatory requirement under the Motor Vehicle Act of 1988. However, the type of car insurance a car owner chooses to avail is entirely up to them. The law requires car owners to undertake basic insurance that protects against third party liability. Nonetheless, it is prudent to take out a …

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What are the types of Car Insurance Cover ?

Types of Car Insurance Policies

Car Insurance is a actually a contract between you and the insurance company. In this contract, you agree to pay the premium amount and the insurance company agrees to pay for your losses as mentioned in your policy. Auto insurance also provides property, liability and medical coverage out of which property coverage pays for damage …

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What is Zero Depreciation in Two Wheeler Insurance?

What is Zero Depreciation in Two Wheeler Insurance

Depreciation refers to the decrease of value of assets. There are some assets which appreciate, or increase their value over time. These are assets such as land and property. However, two wheelers value depreciates over time. This is disadvantageous for owners of two wheelers taking insurance. Zero Depreciation in Two Wheeler Insurance With the usual …

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Top 5 Car Insurance Companies in India

Top 5 Car Insurance Companies in India

Best Car Insurance Companies in India : In India, car insurance is not only legally mandatory but also advisable to have one. In Indian driving conditions one should be prepared at best to make up for any miss happening that can take place any time.  If you buy a new car, you have to opt …

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