Not 1 But 5 Thumb Rules for Getting Best Car Insurance in India
Getting comprehensive car insurance is more important than getting your new car. Vehicle is one of the most valuable assets a person possesses. Therefore, it becomes necessary to have necessary precautions in place even before buying a vehicle. Getting the best car insurance for your car is something you need.
However, what is intriguing is that people are not able to find the best car insurance. It’s difficult to get best car insurance considering several options available in the market. This article lists the important things to remember in order to get the best car insurance policy in India.
You’ll become aware of the various benefits you can receive from car insurance. You’ll learn the essentials you need to ensure to enhance your coverage benefits. Hence, after reading the article you will be able to get the best car insurance cover as per your needs.
- 1. Further you will learn 5 easy tips to get best car insurance.
Ensure you get optimum security -
Since 2008, several Indian general insurance companies began providing a horde of benefits to buyers of car insurance. The idea was to give maximum security by providing additional protective gears. As a result, it leads to enhancement of the security of many insured people.
Look for the below value-added options to be incorporated in your policy-
- Cash free settlement across trusted workshops
- Hassle free and quick procedures for claim settlements thus ensuring complete customer satisfaction
- Speedy online processes for purchase of general insurance and claim settlements
- 24x7 customer support
Ensure that all components especially which undergo wear and tear are covered
Nil depreciation cover is something which covers one’s vehicular rubber and plastic components. Such materials are susceptible to wear and tear which covers a large portion of vehicle’s make.
Hence, this cover is important as most cars consist of several plastic and rubber components. While filing a claim, inclusion of this cover will save significant repair costs of the insured. The one which offers such facilities is considered as the best car insurance.
Get insured from a legally accredited company-
Apart from paying attention to the above essentials, it’s important to do a thorough research about the insurer before buying. Always get insurance from a trusted general insurance company in India. Ensure its credibility by browsing the company website and reading and ensuring the validity of the customer feedback.
Look for highest Insured's Declared Value (IDV)
IDV in 2-wheeler & car insurance policy refers to Insured's Declared Value. IDV is a vehicle’s present market value which is fixed by the respective insurance company. The insurer provides this IDV to the insured in case of theft or loss of vehicle.
Hence, it is a logical step to opt for maximum IDV on the vehicle.
Don’t let your policy to discontinue
The insurance company may give a grace time when policy lapses. However, post grace time, one will be driving his car without car insurance which is illegal. Also you won’t receive the policy benefits.