Category Archives: Insurance

Loss of Personal Belongings Cover What is Loss of Personal Belongings in Car Insurance? There could be times when your personal items are left unattended in your vehicle. They may be taken from the insured vehicle and become lost or damaged, leaving you with a loss. This is what "loss of personal Belongings" means in [...]

Car crashes are dangerous and frightful incidents regardless of how bad things are going on. It is always a stressful and dangerous situation, regardless of the extent of the damage and injuries, therefore it is important to know what to do in the immediate aftermath so that you can stay composed and take the necessary [...]

Steps involved in filing a complaint against an insurance company Our lives are not complete without insurance. It assists in shielding us against monetary loss in the case of an unforeseen catastrophe, including a car accident, fire, theft, or death. For people, families, and businesses alike, insurance offers security and peace of mind. You can [...]

Validity of a car insurance plan Every car insurance policy has a fixed validity. Generally, car insurance policies come with a validity of at least one year. However, if you bought a new car, you may have to buy a long-term car insurance policy. According to the new rules, every new car owner must have [...]

What is Car Insurance? Car insurance, sometimes referred to as four-wheeler insurance, is a contract that protects four-wheelers against monetary losses brought on by unanticipated circumstances like accidents and natural disasters. It is signed by the owner of the vehicle and the car insurance provider. When driving, auto insurance is meant to protect you, your [...]

No Claim Bonus (NCB) in car insurance NCB in insurance is a benefit given by insurance companies to policyholders for not making any claims during the policy period. NCB in car insurance is an excellent way for individuals to save on their car insurance premiums. Essentially, the longer the policyholder goes without making a claim, [...]

What is IDV? DV stands for Insured Declared Value, is nothing but the current market value of your car. In case of theft or total damage to your car, IDV is the sum provided to you by the insurance provider. It is usually fixed/determined by the insurance provider. IDV is one of the major factors [...]

Comparison: ICICI Lombard vs. New India Assurance ICICI Lombard Auto Insurance The comparison between ICICI Lombard Auto Insurance and New India Assurance is based on various variables, including pricing, product portfolio, customer service, best coverage, appropriateness, and claim settlement ratio. When purchasing auto insurance, you should look for a policy with a high benefit level [...]

Passenger Cover in Auto Insurance Introduction Financial protection is provided for passengers riding in the insured's vehicle through passenger cover. Passenger coverage is optional, however, it is strongly advised as, in addition to the lives of the driver and the owner, passenger lives are also very important. This policy provides up to Rs. 2 lakh [...]

Understanding Return to Invoice Coverage (RTI) in Auto Insurance What does auto insurance's Return to Invoice Coverage (RTI) mean? Return to invoice, or RTI, is a benefit included in all-inclusive auto insurance policies. With the add-on, you can get paid the invoice value of the car—that is, the amount it was originally worth when you [...]