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 …
Read More »Vehicle Insurance
What are the types of Car Insurance Cover ?
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 …
Read More »How to choose the best Car Insurance Policy in India ?
Choosing the right car insurance policy for your vehicle can be almost as mind numbing a process as choosing the car itself. Many people rush into choosing a car insurance policy without going through the fine print and all the available options. However, this could be a big mistake as a long term plan. 6 …
Read More »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 …
Read More »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 …
Read More »