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Why choose ICICI Lombard Car Insurance?

You know that getting car insurance is a must, right? It’s like having a guardian angel for your vehicle.

Benefits of ICICI Lombard Car Insurance

  • Zero Depreciation: Unlike standard auto insurance, Zero Depreciation is an add-on that provides a full payout without any depreciation write-off.
  • Cashless Garage Network: Auto insurance companies typically maintain a network of garages within which a covered vehicle is repaired.
  • No Claim Bonus: No Claim Bonus, or “NCB,” is a discount that the policyholder receives from the insurer in exchange for filing no claims.
  • Third Party Insurance: Third-party liability insurance covers any claims pertaining to a “third party.”
  • Second Hand/ Used Car: Getting insurance for your car is essential, regardless of whether it is brand new or “used or second hand.”
  • Personal Accident Cover: Accident-related death or disability is covered by personal accident insurance.
  • Voluntary Deductible: The amount you choose to have a larger voluntary deductible than an obligatory deductible in the event of a claim is known as the voluntary deductible.
  • Towing Facility: The Company would offer suitable towing services to the closest garage in the event that the Insured’s vehicle became immobile or unfit for drive on the road.
  • Break-In Insurance: When an insurance coverage fails because it is not renewed on time, it is known as Break-In Insurance.
  • Loss to Car From Natural or Man-Made Calamities: Natural disasters like floods, earthquakes, landslides, lightning, strong storms, etc. are unavoidable and can seriously harm your car as well as cause financial losses.

Key Benefits ICICI Lombard Car Insurance as the insured owner:

  • Roadside Assistance along with the entire insurance plan.
  • Fast and efficient claims processing.
  • Cashless claim settlement across 3300+ preferred garages.
  • Immediate copy of the policy issued.
  • Daily allowance until the period the buyer’s car is in the garage.
  • Zero Depreciation cover.
  • Accidental coverage amounting up to Rs. 2 lakhs for co-passengers.
  • No Claim Bonus (NCB).
  • Doorstep inspection facility in cases of break-in insurance.
  • Towing Facility in the event of a breakdown or accident.
  • Discount of 5% for registered members of automobile associations.
  • Comprehensive car insurance plan covering third party and own damage liabilities.
  • Plans issued for a one-year period.

ICICI Lombard Car Insurance Coverage Details

Any kind of loss or damage due to natural calamities, man-made causes, personal accident cover, and third-party covers.

Sum Insured under ICICI Car Insurance Policy

The ICICI Motor Insurance Plan provides for insurance of the vehicle at a fixed value called the Insured’s Declared Value (IDV).

Procedure to Claim ICICI Lombard Car Insurance Policy

Here’s a step-by-step guide:

  1. Note down Details: After an accident, note down vehicle details and witness information.
  2. Call Toll-Free: Dial the toll-free number, get a claim/reference number.
  3. Follow Instructions: The executive will guide you on required documents and network garages.
  4. File FIR: File a First Information Report (FIR) if needed.
  5. Customer Service: The service manager contacts you within 24 hours.
  6. Submit Documents: Provide documents to the dealer or service manager.
  7. Instant Approval: Get an estimate and instant approval for repairs.
  8. Payment: Payment made directly to the networked garage.

Documentation Required for Claiming ICICI Lombard Car Insurance

For Accidents:

  • Claim form
  • RC copy of the vehicle
  • Copy of your driving license
  • First two pages of the policy copy
  • FIR, if applicable
  • Original Estimate Slip
  • Payment receipt and repair invoice

For Theft:

  • Claim form
  • RC copy, keys of the vehicle
  • Driving license copy
  • Policy copy
  • FIR
  • RTO transfer papers
  • No trace report from the police

For Third-Party Claims:

  • Claim form
  • RC copy
  • Driving license copy
  • Policy copy
  • FIR

Extra Benefits of ICICI Lombard Car Insurance

Roadside Assistance, endorsements, and online purchase options available.

ICICI Lombard Car Insurance – FAQs

  1. Is Car Insurance Necessary?
  2. Can I Buy ICICI Lombard Car Insurance Online?
  3. What’s Constructive Loss in ICICI Policy?
  4. Does ICICI Lombard Provide Roadside Assistance?
  5. Can I Renew My Policy Online?
  6. Can I Renew Other Insurer Policies with ICICI Lombard?
  7. What Vehicles Does ICICI Lombard Insure?
  8. Does ICICI Lombard Cover All Expenses?
  9. Can I Transfer my NCB Discount?
  10. How Many Times Can I Avail Roadside Assistance?

Latest ICICI Lombard Car Insurance News

  1. ICICI Lombard and BMW Collaboration: BMW and ICICI Lombard join forces for comprehensive motor insurance solutions.
  2. Auto Insurance Premium Drop due to Odd-Even Rules: Odd-even traffic rules in Delhi result in lower insurance premiums.
  3. Quick Settlement of Claims by ICICI Lombard: IRDA amendment allows quick settlement, aiming for customer satisfaction.
  4. Young Generation Conscious about Insurance: ICICI Lombard survey reveals millennials are aware and proactive about car and bike insurance.

ICICI Lombard Car Insurance – FAQs

Q1. Is Car Insurance Necessary?

A1. Yes! It’s your car’s superhero cape.

Q2. Can I Buy ICICI Lombard Car Insurance Online?

A2. Absolutely! Purchase online with card or internet banking.

Q3. What’s Constructive Loss in ICICI Policy?

A3. It means if repair costs are over 75% of IDV, it’s considered a loss.

Q4. Does ICICI Lombard Provide Roadside Assistance?

A4. Yes! Call 1800 2666 for 24/7 assistance.

Q5. Can I Renew My Policy Online?

A5. Yes, renew online 60 days before expiration. Inspection needed if expired.

Q6. Can I Renew Other Insurer Policies with ICICI Lombard?

A6. Yes, you can renew existing policies with ICICI Lombard.

Q7. What Vehicles Does ICICI Lombard Insure?

A7. Private cars and two-wheelers are covered.

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