Unless you have certain specific add-on covers, your insurer will not pay a penny to fix your car engine if damaged due to waterlogging. Add-ons are optional coverage that can
The ‘Pay As You Drive’ insurance product is a comprehensive own damage (OD) plus third party (TP) policy. There are two basic types of ‘Pay As You Drive’ policies —
The manufacturer, model, and attributes of the car are some other criteria that affect the cost of auto insurance.
In order to allow the policyholders a wider choice, IRDAI has proposed to permit all general Insurers to offer long-term motor insurance policies — a) 3-year in respect of private
If the app remains inactive or is switched off for a continuous period of 24 hours, the customer will earn one day as a reward. However, in the event of
The motor floater insurance plan provides own damage cover, third party cover and the no-claim benefit.
According to the Motor Vehicles Act of 1988, anyone who owns or operates a motor vehicle in India must have third-party insurance coverage.
Customers can complete the entire process within five minutes using video pre-inspection and get the policy in less than 30 minutes.
Pay-as-you-drive policies allow buyers to set a mileage limit for their car and offer them discounts over the normal premium. The lower the limit, the bigger the discount over the
“As a step towards facilitating technology-enabled covers, Irdai has permitted general insurance companies to introduce tech-enabled concepts for the motor own damage (OD) cover,” the Insurance Regulatory and Development Authority