Is Engine Failure Covered Under Car Insurance?

Your car's engine is its heart, and if it has gotten old, it won't run smoothly. The engine might sustain damage if it is not properly maintained, incurring high repair or replacement costs. One of the most expensive components of the car is the engine.

While you might already have auto insurance and believe that your insurer would cover the expense of an engine failure. But will your insurer provide coverage for engine repair or replacement?

Car engine failure reasons

Failure of the engine can be quite expensive. Therefore, it's crucial to comprehend the typical reasons why a car's engine could fail. Here are a few typical causes for car engines to quit working.

Engine overheating

The engine may start heating up if your car's cooling system is broken or the head gasket has ruptured, increasing the likelihood that the engine may fail.

Less motor oil

Low engine oil levels can cause the engine to wear out prematurely, which frequently leads to engine failure.

Water ingress

Water ingress is another frequent cause of engine failure, particularly in regions with frequent rainfall.

Oil leaks, engine combustion, improper fueling, and failing to pay attention to the engine oil light are a few other frequent causes of engine failure.

Does car insurance cover damage to the engine?

Only if you have comprehensive auto insurance does automobile insurance cover engine damage. Consider a scenario in which you have car insurance and a traffic accident occurs. The car insurance coverage will pay for the damages to the vehicle. A car insurance claim can be submitted only when an accident causes engine damage.

On the other hand, a car insurance policy will not cover the damage if the engine of the vehicle is damaged due to negligence or normal wear and tear. The car's engine will not be covered in the event of mechanical failure.

Car insurance does not cover costs that are not directly related to theft, fire, or accidental damage. However, you can choose an engine protection add-on if you want to pay for any loss or damage to a car's engine.

What is an engine protection add-on?

Engine protection cover is an optional coverage that you may add to your basic auto insurance policy for a fee. This add-on offers protection for a car's engine even if it arises from a non-accident situation.

The engine protection add-on covers the expense of repairing or replacing an automobile's engine and its components. For instance, when it rains heavily while you're driving, the automobile is inundated in water, which damages the engine. In this case, an engine protection add-on will cover the expense of repairing any waterlogging-related engine damage that occurred to the vehicle.

When is engine damage covered by car insurance?

Engine damage is covered by auto insurance in the following situations:

·         A collision that damages the engine

·         If the engine stops working as a result of water damage

·         The engine was vandalized

·         Engine has caught fire

Engine damage is only covered if you have the necessary insurance.

When does engine damage not qualify for coverage under a car insurance policy?

In the following situations, there is no insurance coverage for engine damage:

·         Engine deterioration over time

·         Engine failure brought on by a shortage of lubrication

·         Mechanical failure of the engine

Coverage offered by the engine protection cover add-on

Engine protection add-on insurance offers protection for the engine in the event of harm to the car's engine, harm to the gearbox, lubricating oil leakage, harm to hydrostatic lock, harm to the undercarriage, and labor and consumable costs are also covered.

The engine protection cover add-on does not offer coverage for harm brought on by a forced start, indirect harm, ordinary wear, and tear, etc.

Is it worth buying an engine protection cover?

Here are some reasons why buying engine protection insurance may be a wise decision if you're on the fence about it.

·         Even without being engaged in an accident, you receive financial protection in the event that your car is damaged.

·         If you live in a flood-prone area, the policy is appropriate because it covers damages caused by water ingress.

·         Adding engine protection cover will reduce your out-of-pocket costs.

Conclusion

In the event of engine damage not brought on by an accident, a comprehensive auto insurance policy will not offer coverage. However, you do have the choice to buy an engine protection cover, which can offer you security in the event that the engine sustains unanticipated damage.

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Car Protection Tips to Safeguard Your Vehicle This Diwali

 

We're getting ready to celebrate the festival of light with a lot of pomp and ceremony, delicious food, and pleasant presents as it approaches. This is the time of year when we light candles to symbolize the enlightenment of the soul and the triumph of good over evil.

Diwali is the festival of lights, which is celebrated with great zeal. This event brings joy and provides an excuse for social gatherings. Fireworks, on the other hand, is an essential part of the Diwali celebration. Most people take safety precautions for themselves, but frequently overlook their vehicle's protection.

If you don't take precautions, the firecrackers may cause harm to your vehicle, ruining the party spirit. It is entirely up to you to take the best possible care of your vehicle. As a result, it is recommended that you park your car in a covered place, keep windows closed, and take other precautions to avoid such unpleasant situations. Most significantly, make sure you have an active comprehensive car insurance policy to alleviate the stress of financial loss during Diwali. If your car insurance coverage is about to expire, Diwali is an excellent time to renew it. Now let's look at safety advice for keeping your car safe during Diwali.

Park your vehicle in a covered parking lot

During Diwali, there are many fireworks in the sky; children in the society compound or on the road like playing with crackers, which can cause external damage to parked cars. Furthermore, fireworks leftovers might cause a fire, resulting in disasters such as bursts or substantial damage to your vehicle. As a result, you should not take any chances and park your automobile in a basement or other enclosed place away from fireworks.

Avoid using a car body cover

Many individuals use body covers to protect their cars from dust. However, you should avoid doing so around Diwali because these covers are not fireproof and are prone to catching fire. Any firecracker or blazing rocket that comes into touch with the automobile body cover might cause a serious fire, which can severely damage your vehicle.

Keep the windows of your car closed

When you're parked or on the road, make sure the car windows are closed. The inside of cars is flammable and can readily catch fire if a firework approaches the vehicle. Keeping the windows shut reduces the risk of catching fire by preventing fireworks from entering the car.

Always have a portable fire extinguisher with you

Car owners should maintain portable fire extinguishers in their vehicles as a precaution. This can help you avoid a serious mishap. A fire extinguisher can also come in helpful if your car catches fire for whatever reason, preventing damage or injuries.

Stay alert while driving

Stay thoroughly aware of your surroundings while driving during Diwali. Keep an eye out for persons who are setting off firecrackers near you, as this might cause confusion and lead to an accident. Most importantly, make sure your vehicle's fuel pipe is kept at a safe distance from any nearby firecrackers.

Do not mix drinking and driving

Many folks drink to commemorate the happy occasion with their pals. Make sure you don't drink alcohol before driving during Diwali, as you won't be able to keep focused on the road and could be risky. Furthermore, drinking and driving are unlawful, and you will be unable to file a claim for damages to your vehicle under your car insurance policy.

Keep a first-aid kit in your car

Crackers can cause severe burns and accidents. As a result, it's a good idea to keep a first-aid kit box in the car in case you get harmed or suffer burns from firecrackers. Playing with firecrackers should be done in an open environment with plenty of open space. You should be concerned for the safety of yourself and your loved ones, as well as ensure that your celebration does not harm others in society.

Final words

Driving has a certain amount of risk, especially when traveling great distances in uncharted territory. Road accidents are on the rise at an alarming rate, and repair shops aren't always easy to find. In such a situation, a great deal of thought and preparation is required in order to plan a safe and worry-free road journey.

Your vehicle's safety should always be a top priority. Even if you're in the mood to party around Diwali, make sure you take all necessary precautions to protect your vehicle. Even a small amount of irresponsibility can result in serious consequences, such as having to pay for car damage. If your policy is about to expire, consider renewing it with GIBL.IN and enjoy attractive discounts on premium.

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Tips to Getting the Best Car Insurance Quotes

 

While vehicle dealerships may offer you insurance coverage from affiliated organization, you should wait and do your own research before signing any documents.

There are several aspects to consider in order to obtain the protection you require. The cost of automobile insurance or car insurance quotes is one of these aspects. It is best to get an economic policy that does not leave you with insufficient coverage. When you buy car insurance online and compare car insurance quotes, there are a few things to keep in mind:

Compare Different Car Insurance Plans

This is the first and most important step before purchasing car insurance online. The simplest method to do this is to use insurance brokering platforms like GIBL.IN, which allows you to compare motor insurance quotes and features from different insurers. This comparison will allow you to learn about the numerous features offered by each company, which you can then shortlist based on your needs and select the best package for you.

Examine the Scope of Coverage

When looking at different car insurance policy options, make sure to look at the features offered by each insurance company. Make a list of the plan's add-on covers and compare them to your requirements. Compare the coverage provided by the auto insurance company to the insurance quote provided. This will assist you in determining whether the policy is worthwhile.

Don't Go with the Cheapest Car Insurance Option

There are a variety of car insurance policies available with low premiums. The disadvantage of such plans is that they usually only provide the bare minimum of coverage. Obtaining such a plan may leave you with insufficient assistance when you need it most. Choosing the most expensive plan, on the other hand, is not recommended. Rather, look for the extras you require and make your purchase appropriately.

Select the Most Appropriate Add-Ons

As stated in earlier in this blog, several insurance providers in India allow you to purchase car insurance online. These insurance companies provide a variety of programs, each with its own set of advantages and add-ons. Add-ons are optional features that you can add to your policy to make it more personalize. After you've chosen the add-ons you want, use the premium calculator to calculate your motor insurance estimates from the policies you've narrowed down.

Purchasing car insurance is critical because it guarantees financial stability in the event of unanticipated occurrences. As a result, this should not be taken lightly. You should follow all of the processes outlined above to get a plan that provides maximum coverage at a reasonable price. Choose GIBL.IN, one of India's premier insurance broker portals, to discover more about car insurance quotes or to get help buying car insurance online. Our team of insurance experts can assist you in obtaining the coverage you require.

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Ways to Save Money on Car Insurance Renewal Premiums

 

Understand your requirements

There are numerous car insurance policies available on the market, each with a different premium rate. Naturally, it makes sense to compare several car insurance policies in order to find the best premium prices and coverage. The majority of insurance firms have active websites, and there are a number of online insurance purchasing services that can assist you.

In most cases, these online insurance distribution channels are more user-friendly than traditional offline approaches. They can also assist you in locating the greatest premium rates. When looking for the best deal, make sure to verify the insurer's offer for the insurance value of the vehicle's Insured Declared Value (IDV). Insurers may provide a reduced IDV in exchange for a lower premium, however, this could be detrimental in the event of a total loss or theft of your vehicle.

Simply said, do not choose the lowest choice because it may not provide appropriate coverage. Before making any comparisons, conduct thorough research and determine the suitable vehicle value.

It is essential that you carefully consider the many additional coverage (add-ons) available with your basic car insurance and determine whether you truly require them, as they can significantly increase your total premium. You should also read the fine print of any insurance policy you buy.

Use the No Claim Bonus (NCB)

The basic goal of car insurance is to save money on costly vehicle repairs and damages. Raising claims for tiny amounts, on the other hand, may work against that goal. You forfeit the benefit of No Claim Bonus (NCB) in the following year's renewal if you make even the smallest claim. This is the bonus earned for each year of “claim-free” service. Insurance companies will give you an NCB (or discount) on your renewal Own Damage (OD) premium if you don't make any claims throughout the policy period.

The benefit granted in the first year of renewal is a 20% reduction, which increases after each subsequent period up to 50% after five claim-free years. If your car insurance is up for renewal, check for any accumulated NCB and declare it when purchasing a new policy.

Furthermore, incorrect NCB declaration may result in a reduction in your premium, it will complicate your next claim settlement. So tell the truth and ask for the discount that you are entitled to as a result of your good driving habits.

Opt for Voluntary Deductibles

A deductible is the amount of a claim that you choose to pay out of your own pocket. The insurance company's liability to pay at the time of a claim is decreased with a voluntary deductible.

As a result, based on the voluntary deductible chosen by the policyholder, the insurance provider gives a higher discount on the own damage premium amount. Please keep in mind that this will limit the amount of money you receive from your claim.

Renew your car insurance policy before it expires

If you request for renewal after 90 days after your existing car insurance policy expires, the insurance company may refuse to offer any reductions or NCB. As a result, it's critical to maintain track of the policy's expiration date and renew it ahead of time. You can request a reminder from your insurance company's service department before the expiration date.

You may also put the date in your calendar as a reminder so don't forget to renew the policy.

Online car insurance policy renewal

You have two alternatives for renewing your car insurance: online or offline. Renewal of the policy through the Insurer's website is frequently recommended. When opposed to the offline option, you acquire the coverage directly from the insurer and avoid intermediaries and their commissions.

It's also convenient, simple, and gives you a clearer view of the policy you've chosen.

Conclusion

These are various methods for lowering your car insurance policy's renewal premium. To receive the best premium prices, you can use one or more of the strategies listed above. The trick, though, is to conduct thorough research before deciding on the best policy.

It's important to remember that a cheap car insurance policy option isn't always the best. Furthermore, there is no substitute for safe driving techniques. In the long run, safe driving practice combined with the appropriate insurance can undoubtedly assist you in lowering your premium amount.

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What Are the Steps for Filing a Claim with Your Car Insurance Company Following an Accident?

 

Following an accident, a car owner has two options for filing a claim. Depending on the extent of the accident, it could be a third-party claim or an own-damage claim. It's easy to file claims in both cases. Continue reading to learn how to file a claims in these two situations.

Third Party Claim

If another vehicle owner is responsible for the damage to your car, you can make a third-party claim against them. If you are unable to work as a result of the accident, you will be entitled to seek compensation for medical costs, collateral damage, and the loss of an earning.

If, on the other hand, your car collides with another vehicle, you can file a claim with your insurer for damages and liabilities incurred by you to a third party.

Own Damage Claim

In the event of a failure or harm to your vehicle as a result of an accident, you can also make an own damage claim. Only comprehensive insurance policies are available for this claim, and the damages must be checked in order to receive only compensation.

Steps to Make a Car Insurance Claim After an Accident

To file a car insurance claim, follow the steps outlined below:

• Obtain the insurance information for the vehicle that caused the damage to you and vice versa.
• Calling the insurance agent and telling them of the damages as soon as possible.
• If you are the claimant, you can file a third-party claim or a claim for your own damages.
• Notifying the police and receiving a FIR
• In the FIR, record the description of your vehicle, the driver, and any witnesses.
• Initiating a claim with the Motor Accident Claims Tribunal in the state where the accident occurred.
• After notifying the auto insurance provider of the claim, you must file a claim with the aid of certain supporting documents, which can be included in the list below.

Documents Required for Making a Car Insurance Claim

You must send the following list of documents to your auto insurance agent, failing which your claims, whether third-party or own-damage, will not be processed. These documents contain the following:

• Copy of your insurance policy
• Copy of FIR
• Copy of driving license
• Copy of the Registration Certificate of your car
• Duly filled in Claims Form
• Estimates repairs
• Original documents of other expenses incurred
• Medical documents in case of bodily injuries

Takeaway

These are the steps to file a claim with your car insurance provider after an accident.If it's a third-party or own-damage allegation, the procedure must be supported by the appropriate evidence and paperwork in order for the claim to be processed.Accidents can happen anywhere and at any moment, so it's important to protect your car with a car insurance policy to protect yourself and your vehicle from unforeseeable damages like these.

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Why You Should or Shouldn’t Buy Motor Insurance from Your Dealer?

 

As per the Motor Vehicles Act, 1988, motor insurance is mandatory in terms of buying any sort of motor vehicle, be it a bike or a car. You can’t drive back home without having a motor insurance policy. When you buy a vehicle from a showroom, the dealer generally offers a motor insurance policy of their own. Choosing to buy motor insurance from a car dealer can be both beneficial and disadvantageous in terms of different aspects and perspectives.

Let’s find out why you should buy motor insurance from a dealer:

• The motor insurance policy offered by the dealer can be called trustable since you can always catch hold of your vehicle dealer if anything goes fishy.
• In terms of claims, you don’t have to run from one place to another to get help. Simply call your vehicle dealer in case of any damage or loss suffered and they will handle the rest.
• You don’t have to involve yourself or your time in finding any particular car insurance plan or a motor insurance company. Your dealer will do that job for you.
• In terms of renewal of your motor insurance policy, you can just call your dealer, just pay the money and your bike dealer will do the rest.

Let’s find out why you shouldn’t buy motor insurance from a dealer:

• When you buy motor insurance from your dealer, you don’t really know what coverage you are being offered, details of the policy.
• You can’t figure out whether it’s the best policy for your vehicle in terms of your own personalization and driving habits.
• You can’t compare the policy with other insurance provider’s policies to get a cheaper deal with higher coverage. You will have to go with whatever policy your dealer brings before you on the table.
• You won’t be eligible for any discount.
• Most important of all, you will never know if there’s any hidden costs or the real motive of the dealer

Now you have both the pros and cons of buying motor insurance from your dealer. Meanwhile, you can click here to instantly compare top motor insurance providers and avail the best coverage.

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Should I Compare Car Insurance Online?

 

Compare Car Insurance Online

A car insurance policy is an essential requirement that must be met at any cost. There are so many factors that you must consider before buying motor insurance online.

Given that the third-party car insurance is a legal requirement for every vehicle piling on the Indian road, we tend to overlook the protection of our vehicle by not purchasing a comprehensive cover, which is wrong. Most of the people only buy the third party four wheeler insurance because they think comprehensive auto insurance policies will cost a lot.

Well, you no longer have to be in this dilemma. There’s a very easy yet simple way to buy the best car insurance policy online. All you have to do is compare car insurance quotes online. Now, here’s why the comparison is a must before buying car insurance online.

Let’s have a look at some of the incredible benefits of comparing life insurance:

• Independence of choosing insurers

When you compare auto insurance policies online, you can do it independently and you can only choose the best auto insurers in India. Of course, there are a number of motor insurance companies in India, but what comparison does is only bring you the best insurers and their products. You no longer have to stick to the same insurer if you compare vehicle insurance policies online.

• Get the best motor insurance policy

There’s no denying the fact that you can avail the best car insurance policy if you compare motor insurance plans online. You can compare your auto insurance policy in terms of various features like the IDV of your car, additional discounts, special offers, additional covers, etc. You can see for yourself which insurer is offering how much benefit for what premium. You should also take in the reputation of the company in terms of its claim settlement ratio while you compare vehicle insurance policies.

• Cheap car insurance policies

Who doesn’t look for a motor insurance policy that gives you maximum benefit in a lower premium? Online comparison of auto insurance policies can bring you the best yet cheap car insurance plans. You can avail of the lowest priced motor insurance if you compare auto insurance online.

How to Compare Car Insurance Online?

Comparing four-wheeler insurance is now easy, simple, and hassle-free. All you have to do is log into an insurance broking portal like GIBL.IN. But make sure that the portal you are about to use for the buying or renewal of car insurance shows unbiased quotes. Also, make sure that the portal is safe and secured in terms of making online payments.

Now that you have logged into the portal, just enter necessary details related to your car like the make & model of your car, registration date, previous insurer, etc, and request a car insurance quote.

When done, you will be provided a list of the best motor insurance policies offered by various insurers online. Now you can compare the quotes from multiple insurers as per your requirements and budget and choose the best policy accordingly.

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What Can I Do If My Car Insurance Policy Lapses?

 

There could be a number of reasons behind the expiration of a car insurance policy. In most cases, your own negligence is the prime cause behind a car insurance policy lapse. There are a few things that you can do if your car policy lapses. But before we go there, let’s check out a few reasons behind the policy lapse.

• Non-payment of the Car Insurance Premium: You are responsible for paying the premium against your car insurance online policy. If any circumstance renders you to the non-payment of car insurance premium, your car insurance policy will lapse.
• Late Payment of Your Car Insurance Premium: You want to make sure that the due car insurance premium is paid on time. Otherwise, your car insurance may lapse in case of the late payment of your car insurance premium.
• Non-renewal of Your Car insurance Policy: If you think your job is over after buying car insurance online, you are certainly wrong. Your car insurance policy will lapse if you don’t consider the importance of car insurance renewal. You must make sure that your car insurance renewal is done on time to continue receiving the benefits offered by car insurance companies in India.

However, there’s nothing to panic about if your car insurance policy lapses. There’s certainly something that you can do in case your car insurance lapses. Here are the two things that you can do when your car insurance policy expires

·         Inform Your Existing Car Insurance Provider: For the car insurance renewal, you can inform your existing car insurance provider if you want to renew your policy from the same car insurance company. The car insurance provider will inspect your vehicle. After the inspection, the car insurance company will give you a confirmation regarding the coverage of your vehicle.

·         Renew Your Car Insurance from Different Provider: You can also consider the car insurance renewal from a different car insurance company in India as per your requirements. For this, you can compare car insurance quotes of different car insurance providers online and choose any for your car insurance renewal.

There can be many consequences if you do not renew your car insurance policy. Hence, you should not allow your car insurance policy to lapse. Meanwhile, you can click here to check the best offers for your car insurance renewal online.

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What If I Do Not Buy Car Insurance?

 

With the rising numbers of on-road accidents, having the best car insurance policy certainly calls for immediate action. And if you think you can get away without having car insurance for your vehicle then you should get your facts straight first. There’s no way to drive on Indian street without car insurance since it is mandatory by law, as per the Motor Vehicles Act, 1988.

However, if you are still wondering why you buy a car insurance policy, let me give you some reasons.

• Compulsory by Law

The third party liability is the core reason behind this mandate. A motor vehicle running in a public space can cause various damage or loss to the life and property of others. Third-party liability only policy covers such liabilities such as third party death, bodily injury, and property damage borne by the insurer. This is the reason why no vehicle that owns a car drives their car on road without this cover.

• Covers Third Party Legal Liability

As per the Motor Vehicles Act 1988, it’s mandatory by law that all owners of motor vehicles at least buy the third party car insurance policy. This policy helps you get away from any legal consequences that could arise due to damages caused to a third party person/property on the part of your fault.

• Covers Own Damage (OD)

The repairing of a vehicle is a costly repair. It is most of the time that you need to pay for the damages from your own pocket. Buying motor insurance can help you save this cost since your motor insurance company will pay for the damages or repair for your vehicle.

So as it’s clear, buying an insurance policy for your car is a must otherwise you might have to face legal consequences. Meanwhile, if you are looking for the best car insurance policy for your vehicle, you can click here and compare the top motor insurance plans and grabs the best coverage for the best price.

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Why to Renew Your Car Insurance Policy with IFFCO Tokio?

 

IFFCO Tokio car insurance policy comes in two plans, namely: Third Party Liability Only Car Insurance and Comprehensive Car Insurance Policy or, also known as the Package Plan. However, there are still some add-on covers you can always go for to extend your car insurance coverage. Check out the benefits and coverage that you can enjoy if you opt for IFFCO Tokio car insurance.

Key Futures and Benefits of IFFCO Tokio Car Insurance

The package plan, also known as the comprehensive coverage from IFFCO Tokio car insurance ensures protection against all the possible catastrophes in the future. The package plan covers the below-mentioned conditions in insurance:

• The policy covers any damage to the vehicle due to various natural calamities such as inundation, cyclone, landslide, hurricane, typhoon, hailstorm, explosion, earthquake, fire, storm, tempest, rockslide, self-ignition or lightning, flood, frost, etc.
• In case of any loss or damage to the vehicle due to the various manmade calamities such as theft, accident by external means, strike, riot, burglary, malicious act, any damage caused to the vehicle whilst it’s in transit via rail, road, lift inland waterway, elevator, air, etc.
• Personal Accident Cover: IFFCO Tokyo car insurance package policy comes with a personal accident cover of Rs. 2 lakh for individual owner-driver of the insured vehicle while traveling in, mounting, or dismounting from the vehicle. The cover is offered in case of death and any sort of permanent disability.
• Third-Party Legal Liability: Third party policy offers extensive protection against legal liability coming out of any accidental damages causing death, injury of a third party person. The policy covers any damage to the third party property up to an amount of Rs. 7, 50,000/-.
• IFFCO Tokyo car insurance offers reimbursement of expenses up to Rs. 1,500 following an accident to the insured vehicle. The compensation is paid for the protection, towing/removal, and redelivery of the car.
• IFFCO Tokio also offers various other significant extension covers are also available on the basis of the additional premium amount.
• Personal Accident Cover for unnamed passengers.
• IFFCO Tokyo car insurance also covers damage or loss to electrical/non-electrical accessories and to LPG/CNG fuel kit.
• The company offers wider legal liability cover for conductor/ driver.

On the basis of the coverage of IFFCO Tokio car insurance, you must select the plan and additional cover as per your requirement and budget. However, it is always advisable to compare different car insurance plans online to avail the best coverage for the best price. You can click here to avail the best car insurance policy online.

 

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How to purchase an online comprehensive car insurance policy

 

In the event that you have bought extensive car insurance online from GIBL, you can recharge it bother liberated from GIBL entry. At the hour of restoration of your Comprehensive Car Insurance Policy, you should be mindful to the accompanying models 

• Type of plan 
• Add on highlights 
• Cashless office 
• Insured announced worth 
• Deductibles 

The recharging reference can be diverse because of variable reference dependent on 

• Insured expressed worth 
• Supplementary riders as chosen or overlooked 
• No guarantee reward 
• Other portrayal and repayment

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Here's What Car Insurance Covers in India

 

If you are the owner of a car, you already know that it is mandatory to have a car insurance policy. It is mandated by the law to at least have a third-party motor insurance plan, as per the Motor Vehicles Act, 1988, to become legally eligible to ply your vehicle on road. Now when it comes to the renewal or purchase of car insurance, you have two options in hand - going with the law mandated third-party policy or opting for complete coverage.

There are two types of plans to choose from: Third Party Car Insurance and Comprehensive Car Insurance.

It is important to keep in mind that the third-party policy only takes care of the liability claims. It doesn't offer any coverage to your vehicle.

Now let's have a look at what each type of car insurance plan covers:

Coverage of Third Partly Liability Only Car Insurance Policy

The liability only motor insurance the policy covers the vehicle owner's legal liability claims to pay compensation for the followings:

●       Death of a third party person due to an accident.

●       Bodily injury of a third party

●       Damage to any third party property.

●       Cover third party legal liability in case of the third party injury, death, or property damage.

●       Owner-driver personal accident coverage up to 15 lacs

Coverage of Comprehensive or Package Car Insurance Policy

Comprehensive car insurance is the best Car insurance plan that you should consider. The policy covers the following.

●       Inundation, Flood, Typhoon, Hailstorm, Hurricane, Cyclone, Storm and Tempest

●       Terrorist Act.

●       Earthquake (Fire and Shock) Damage.

●       Damage from Landslide/Rockslide

●       Damage to your vehicle due to fire, self-ignition, lightning, explosion.

●       Any damage or loss to the car while it is in transit through road, lift inland waterway, rail, elevator, air, etc.

●       Housebreaking, burglary, theft.

●       Malicious Act.

●       Accidental external means.

●       Strike and riot.

Add-on Covers

Apart from the above-mentioned coverage for the two types of motor insurance plans, you should also know that there are some add-on covers, also known as additional covers that you can opt for.

If you choose to include an add-on cover, you will have to pay an additional premium along with the basic payable car insurance premium.

To build an additional layer of protection around your most cherished car, it is always advisable to shop around various add-on covers that your car insurance provider is offering at the time of the policy purchase or online renewal. You can click here for the instant renewal of your car insurance policy from the top insurance providers online.

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