FAQ
Car insurance is also called motor insurance. The policy is a contract between the insured and the insurer to protect them from unforeseen mishaps while dri...
Fri, 3 May, 2024 at 11:45 AM
Yes, car insurance is mandatory in India for many reasons, the first and foremost being the rising number of road accidents in India. The Motor Vehicles Act...
Fri, 3 May, 2024 at 11:45 AM
Car insurance premium means the cost you are required to pay to the insurance company to buy a car insurance plan. It is the amount that the policyholder pa...
Fri, 3 May, 2024 at 11:45 AM
Yes, as per the Motor Vehicles Act, 1988, car insurance is mandatory for all types of cars in public places in India, irrespective of their age. Though, old...
Fri, 3 May, 2024 at 11:45 AM
Yes, owners of electric cars or cars fitted with CNG/LPG are also required to carry a valid car insurance policy.
Fri, 3 May, 2024 at 11:46 AM
There are 2 types of car insurance plans available in India that you can choose from. The most basic and mandatory car insurance plan is third-party car ins...
Fri, 3 May, 2024 at 11:46 AM
No, you cannot pay car insurance premiums in instalments. Section 64VB of the Insurance Act, 1938 does not permit insurance companies to take the risk of pr...
Fri, 3 May, 2024 at 11:46 AM
The cost of car insurance premiums is affected by a lot of factors. Having a basic understanding of the factors can help you save on the cost of car insuran...
Fri, 3 May, 2024 at 11:46 AM
No claim bonus or NCB refers to the reward that your insurance company gives you for not filing a single claim throughout the policy tenure. This reward is ...
Fri, 3 May, 2024 at 11:46 AM
Third-party car insurance is the most basic type of car insurance policy required to be carried while driving on Indian roads. This type of car insurance on...
Fri, 3 May, 2024 at 11:47 AM