So, you have found yourself in that difficult spot where your car insurance policy has lapsed and you are left confused scratching your head. Driving on Indian roads without a car insurance is illegal and can cause you heavy fines if you drive with an expired car insurance. Driving an uninsured vehicle on Indian roads […]
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There is an undeniable fact that every car owner must not neglect. The fact is; if you fail to identify the car insurance claims traps, then you are at risk of being taken advantage of in the future. Besides getting trapped by rigid insurance policies, you may also end up endangering your and other’s lives. […]
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When it comes to car insurance, it is imperative for one to own it to abide by the rules laid down in the Indian Motor Tariff and avoid legal consequences. As per the Indian Motor Tariff Act, holding a third party insurance coverage is compulsory to own with a mandatory personal accident cover of up […]
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Bumper to Bumper Car Insurance – Just like every other asset, the value of a car depreciates over time. Since the insurance companies decide the claim amount on the Insured Declared Value (IDV), the depreciation charge is deducted from the claim amount. Here is where bumper to bumper insurance comes into the play. Having car […]
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