Buy or renew car insurance
Car insurance policy coverage and benefits:
- Liability Coverage: Protects against financial responsibility for injuries or damages to others in an accident.
- Comprehensive Coverage: Shields your vehicle from non-collision incidents like theft, vandalism, and natural disasters.
- Collision Coverage:Pays for damages to your vehicle in accidents, regardless of fault.
- Personal Injury Protection (PIP) or Medical Payments Coverage: Also known as medical payments, it covers medical expenses for you and passengers.
- Underinsured Motorist Coverage: Protects in accidents with insufficiently insured drivers.
- No Claim Bonus: Rewards safe driving with premium discounts for claim-free periods.
- Roadside Assistance: Provides help for car issues like flat tires and towing. This is helpful for people who drive long distances frequently.
- Rental Car Coverage:Covers vehicle rental costs during repairs after an accident.
- Loss of Personal Belongings Coverage: Protects valuable items damaged or stolen from your vehicle.
- Legal Defense Coverage: Assists with legal expenses if sued after an accident on the road.
| Key Features | Benefits |
|---|---|
| Liability Coverage | Protection from financial responsibility in accidents. |
| Â | Covers bodily injury and property damage to others. |
| Comprehensive Coverage | Protection from non-collision incidents like theft. |
| Â | Coverage for vandalism, fire, natural disasters, etc. |
| Collision Coverage | Pays for damages to your vehicle in an accident. |
| Â | Covers regardless of fault in collisions with objects. |
| Personal Injury | Helps pay for medical expenses for you and passengers. |
| Protection (PIP) | Covers medical treatment, hospital stays, and more. |
| Uninsured/ | Protection if involved in an accident with an uninsured |
| Underinsured Motorist | or underinsured driver. |
| No Claim Bonus | Discounts on premiums for claim-free periods. |
| Roadside Assistance | Provides help for car issues like flat tires or towing. |
| Rental Car Coverage | Covers the cost of a rental car during repairs. |
| Loss of Personal | Coverage for belongings stolen from your vehicle. |
| Belongings Coverage | Such as laptops, smartphones, etc. |
| Legal Defense | Assists with legal expenses if sued after an accident. |
| Customizable Coverage | Tailor the policy to your needs and budget. |
| Financial Protection | Safety net against unexpected expenses in accidents. |
| Peace of Mind | Assurance and worry-free driving experience. |
Types Of Car Insurance Policies In India
| Policy Type | Coverage | Key Features and Benefits |
|---|---|---|
| Third-Party Car Insurance | – Covers third-party liabilities such as bodily injury, death, and property damage. | – Mandatory by law in India. |
| Â | – Does not cover damages to the policyholder’s own vehicle. | – Provides financial protection against legal liabilities arising from accidents involving your car. |
| Â | Â | – Offers a basic and affordable insurance option. |
| Comprehensive Car Insurance | – Covers third-party liabilities. | – Provides extensive coverage for both third-party liabilities and own vehicle damages. |
| Â | – Covers damages to the policyholder’s own vehicle due to accidents, theft, vandalism, and more. | – Offers broader protection, including coverage for natural disasters, fire, and other specified perils. |
| Â | – Includes own-damage coverage and personal accident cover for the owner/driver. | – Provides peace of mind and comprehensive protection for your car. |
| Â | – Additional add-on covers can be included for enhanced protection. | – Some insurers offer NCB protection, ensuring you don’t lose your No Claim Bonus even after making a claim. |
| Standalone Own Damage Policy | – Covers damages to the policyholder’s own vehicle due to accidents, theft, vandalism, and more. | – Provides coverage only for own vehicle damages and not for third-party liabilities. |
| Â | Â | – Suitable for those who want to cover their own vehicle against damages without the additional cost of third-party cover. |
| Â | Â | – Can be enhanced with add-on covers for additional protection. |
| Zero Depreciation Policy | – Covers damages to the policyholder’s own vehicle without considering depreciation. | – Ensures you receive the full claim amount without depreciation deductions on car parts during repairs. |
| Â | – Also covers third-party liabilities as per the standard comprehensive policy. | – Beneficial for those with new cars or expensive vehicles. |
| Â | Â | – Reduces out-of-pocket expenses during claim settlements. |
| Usage-Based Car Insurance | – Premium based on driving behavior and usage patterns. | – Encourages safe driving habits and rewards responsible drivers with lower premiums. |
| Â | – Typically involves the use of telematics devices or mobile apps to monitor driving data. | – Can lead to potential savings for low-mileage drivers. |
| Â | – Suitable for drivers who drive less frequently and are confident in their safe driving practices. | – Helps improve road safety by incentivizing good driving behavior. |
Difference Between Third-Party And Comprehensive Car Insurance
| Third-Party Car Insurance | Comprehensive Car Insurance | |
|---|---|---|
| Coverage | Provides coverage for third-party liabilities only. | Provides extensive coverage for both third-party liabilities and own vehicle damages. |
| Liability Coverage | Covers bodily injury, death, and property damage to third parties. | Covers bodily injury, death, and property damage to third parties. |
| Own Damage Coverage | Does not cover damages to the policyholder’s own vehicle. | Covers damages to the policyholder’s own vehicle due to accidents, theft, vandalism, fire, and more. |
| Legal Requirement | Mandatory by law in India for all car owners. | Not mandatory by law but offers comprehensive protection for the policyholder’s vehicle. |
| Premium Cost | Usually lower premium compared to Comprehensive Insurance. | Generally higher premium due to broader coverage. |
| Add-On Covers | Limited add-on options, mostly related to personal accident cover. | Offers a wide range of add-ons like zero depreciation, roadside assistance, engine protection, etc. |
| Suitable For | Suitable for those on a tight budget or with older vehicles. | Suitable for those seeking complete protection for their vehicle and want to cover their financial risks comprehensively. |
| Own Damage Claims | Cannot claim for damages to the policyholder’s vehicle. | Can claim for damages to the policyholder’s vehicle in addition to third-party liabilities. |
| Comprehensive | Offers limited coverage and is less comprehensive. | Provides extensive coverage for various risks and scenarios. |
Add-On Covers for Car Insurance Policy
Car insurance add-ons, also called riders or endorsements, are extra coverages
you can add to your basic policy for more protection to your sedan, SUV,
hatchback, or jeep. These come at small additional cost to the yearly car policy
premium if you buy from a leading online insurance company in India like Aapka Policywala:
- Zero Depreciation Cover (Nil Depreciation Cover): Ensures you get the full claim amount for repairs without considering depreciation on car parts.
- Roadside Assistance Cover: Provides emergency services like towing, jump-starts, and fuel delivery for breakdowns on the road.
- Engine Protection Cover: Covers damages to your engine from water or oil issues not usually covered by standard policies.
- Consumables Cover: Pays for nuts, bolts, and other repair items during claim settlements, saving you from additional expenses.
- NCB Protection Cover: Safeguards your No Claim Bonus, preserving your premium discount even after making a claim.
- Personal Accident Cover for Passengers: Protects passengers in your car against accidental death or disability from a car accident.
- Key Replacement Cover: Covers the cost of replacing lost or stolen car keys, including electronic keys and key fobs.
- Return to Invoice Cover (Invoice Protection Cover): Helps bridge the gap between your car’s value and its original purchase price if it’s stolen or totaled.
- No Claim Bonus Protector for Comprehensive Insurance: Ensures your No Claim Bonus remains unaffected even after filing a claim under comprehensive insurance.
- Daily Cash Allowance Cover (Daily Allowance Benefit): Provides a fixed amount per day for alternate transportation expenses while your car is being repaired after an accident.
Why Choose Car Insurance from Aapka Policywala?
Tailored Coverage:
We understand that every individual and family has unique car insurance needs. That’s why Apka Policywala brings car insurance policies that are flexible and can be customized to meet your specific needs.
Competitive Rates:
Quality car insurance shouldn’t break the bank. Apka Policywala offers affordable car insurance online without compromising on coverage. Our commitment is to provide competitive yearly insurance plans for sedans, SUVs, hatchbacks, or jeeps.
Expert Customer Support:
Need assistance? Our friendly and knowledgeable team is here for you. We take pride in delivering exceptional customer service, ensuring that you have peace of mind every step of the way.
What are the factors Affecting Car Insurance Premium?
- Vehicle Type and Age: High-end or newer cars generally have higher premiums due to repair costs and replacement value.
- Insured Declared Value (IDV): Higher IDV leads to higher premiums as it increases the claim amount in case of loss or theft.
- Coverage Type: Comprehensive insurance has higher premiums due to broader coverage compared to third-party insurance.
- Geographical Location: Areas with higher population density or more accidents may have higher premiums.
- Usage of the Car: Personal, commercial, or business usage influences the premium.
- Driver’s Age and Experience: Young and inexperienced drivers have higher premiums due to higher risk.
- Driving History: A clean record with no accidents or violations can lower premiums through no claim bonus (NCB).
- Claims History: Frequent claims lead to higher premiums, indicating a higher risk profile.
- Gender:Some regions may consider gender, reflecting driving pattern differences. Women are commonly charged less!
- Marital Status: Married individuals may receive lower premiums as they’re seen as more responsible
- Deductibles: Choosing higher deductibles can lower premiums but increases liability during claims.
- Safety Features: Cars with anti-theft devices and safety features attract lower premiums.
- Occupation: Certain professions may have lower risk profiles, affecting premiums.
- Credit Score: Higher credit scores may lead to lower premiums as they reflect responsibility.
- Discounts and Loyalty Programs: Insurers offer discounts for loyalty, multiple policies, and good driving behavior.
Why Compare Car Insurance Online?
Save Time and Effort:
Traditional methods of visiting multiple insurance providers or making numerous phone calls to compare quotes and coverage options can be time-consuming and tedious. However, by comparing car insurance online, you can save valuable time and effort.
Access to Multiple Options:
Online car insurance comparison platforms offer access to an extensive array of car insurance providers and their policies. This vast selection allows you to explore numerous options and thoroughly evaluate each one to determine which one suits your unique requirements.
Transparency and Information:
Online car insurance comparison tools provide transparent and detailed information about different policies, coverages, exclusions, and premiums. This level of transparency empowers you to make informed decisions based on the comprehensive details provided.
Save Money:
Online insurance comparison websites allow us to quickly identify policies with competitive premiums and available discounts. By carefully reviewing and comparing various car policy options online, you can find a cost effective insurance plan that offers the coverage you need without exceeding your budget.
Customization and Flexibility:
Online car policy comparison tools offer a high degree of customization and flexibility, allowing you to tailor your search to meet your specific requirements.
User Reviews and Ratings:
Aapka Policywala provides user reviews and ratings for popular car insurance companies. These reviews offer valuable insights into the customer service, claim settlement process, and overall satisfaction levels of various insurers.
No Pressure Sales Tactics:
When comparing car insurance online, you can review policies at your own pace without any pressure from insurance agents or brokers. Unlike traditional methods that may involve persistent sales tactics and persuasive techniques from agents, online car policy comparison platforms allow you to evaluate policies objectively and make decisions based on your own preferences and priorities.
Real-Time Results:
Online car insurance comparison tools provide real-time results, ensuring that the information you receive is up-to-date and accurate. This real-time data allows you to make informed decisions based on the latest offerings and pricing from insurance providers.
Ease of Purchase:
Many online comparison platforms offer the convenience of purchasing your selected SUV insurance policy directly through their website. This streamlined purchasing process eliminates the need for lengthy paperwork, in person meetings, or complicated procedures.
Availability Anytime, Anywhere:
Online sedan policy comparison tools are available 24/7, allowing you to research and compare car insurance at any time and from any location with internet access. This round-the-clock availability ensures that you have the flexibility to explore your options and make decisions on your own schedule.
Digital Documentation:
Online purchase of light vehicle insurance often comes with the convenience of digital policy documents and email communication. Instead of dealing with physical paperwork or waiting for documents to arrive by mail, you can access your insurance details digitally and receive communications via email.
Steps To Buy Car Insurance Online
- Research and Compare: Use Aapka Policywala to compare car insurance policies,
coverage options, yearly premiums, and add-ons from multiple insurers. - Assess Your Needs: Determine your insurance requirements based on your
coverage needs, car’s value, and budget. Decide between Third-Party Car
Insurance or Comprehensive Car Insurance. - Gather Vehicle Information: Collect essential car details like make, model, year of
manufacture, registration details, and vehicle identification number (VIN). - Choose Add-Ons (Optional Covers): Select add-ons that enhance your coverage, such as Zero
Depreciation Cover, Roadside Assistance, or Engine Protection. - Fill in Personal Details: Enter your name, contact information, address, and
occupation on the insurer’s website. - Enter Vehicle Details: Provide accurate car details like make, model, variant,
registration number, manufacturing year, and any modifications. - Calculate Premium: Use the insurer’s online premium calculator to estimate the
premium based on your coverage and details. - Review Policy Coverage: Carefully review coverage details, inclusions, exclusions,
and terms to ensure they meet your policy needs. - Submit Documents (If Required): Upload required car documents like previous insurance
policy, vehicle registration certificate, or driving license if requested. - Make Payment: Proceed to make payment online via secure payment gateway
using credit/debit card, net banking, or digital wallets. - Receive Policy Documents: After successful payment, receive policy documents
and confirmation email. Save and print these documents for future reference. - Policy Issuance: The insurer processes your application and issues the policy,
usually effective immediately or from a specified date.ÂWe bring the best deals on car insurance policy plans in India. Thousands of people also trust Aapka Policywala for online two wheeler insurance, commercial vehicle insurance and passenger carrying vehicle insurance in India.
Car Insurance Renewal Online
Set a Reminder:
Note your policy's expiry date or set a reminder to avoid missing the renewal deadline.
Compare Policies (Optional):
Before renewing, consider comparing other insurers to ensure the best coverage and premium.
Visit Insurer’s Website:
Go to your insurer's website or the one you want to switch to for renewal.
Click on Renewal Tab:
Look for 'Renewal' or 'Renew Policy' tab and click on it.
Enter Policy Details:
Provide your current policy number to fetch existing information.
Review Policy Details:
Ensure coverage, add-ons, and details are correct and meet your needs.
Update Information (if needed):
Make any necessary personal or vehicle information updates.
Calculate Premium:
Use the online calculator to estimate renewal premium with updated details and add-ons.
Make Payment:
Pay renewal premium amount securely online with options like cards, net banking, or digital wallets.
Receive Policy Documents:
After payment, you will receive renewed policy documents and confirmation email.
Policy Issuance:
Insurer processes your request and issues the renewed policy, effective immediately after previous policy expiry.
Check for No Claim Bonus (NCB):
Ensure the renewed policy reflects any applicable NCB for a premium discount.
Documents Required For Filing Car Insurance Claim
When filing a car insurance claim, you will need to provide certain documents to support your claim. The specific documents required may vary depending on the nature of the claim and the insurance provider’s policies. However, here is a list of common documents typically required for filing a car insurance claim:
| Document Name | Purpose |
|---|---|
| Claim Form | Provides essential details about the incident and the nature of the claim. |
| Copy of Insurance Policy | Proof of active car insurance coverage. |
| Driving License | Confirms that the policyholder was legally driving the vehicle at the time of the incident. |
| Vehicle Registration Certificate (RC) | Establishes ownership and provides vehicle details. |
| First Information Report (FIR) (if applicable) | Needed for theft, vandalism, or significant accidents to report the incident to the police. |
| Accident Information and Photographs | Evidence of the accident, including the date, time, location, and damages to the vehicle. |
| Estimate of Repairs | Details the estimated costs of repairing the damages to the vehicle. |
| Repair Bills and Receipts | Required for reimbursement claims to prove the expenses incurred for repairs. |
| Medical Records (if applicable) | For claims involving bodily injury, to provide medical bills and treatment reports. |
| Witness Statements (if applicable) | Statements from witnesses to support the claim. |
| No Claim Bonus (NCB) Certificate (if applicable) | Confirms the NCB earned, if eligible for a discount on the premium. |
Car Insurance Frequently Asked Questions
Car insurance is a type of insurance policy that provides financial protection against losses or damages to your car and liabilities arising from accidents, theft, natural disasters, or other covered incidents.
Yes, car insurance is mandatory in most countries, including India, the USA, and many others. Typically, at least third-party liability insurance is required by law to cover damages to third parties in accidents.
Comprehensive car insurance covers damages to your vehicle as well as third-party liabilities. It includes coverage for accidents, theft, vandalism, fire, natural disasters, and other specified perils.
Third-party car insurance covers only third-party liabilities and is the minimum legal requirement in many countries. It covers damages caused to third parties, including bodily injury and property damage.
NCB is a discount offered by insurance companies for not making any claims during a policy year. It accumulates over claim-free years and leads to reduced premiums upon renewal.
Yes, you can transfer your NCB to a new car insurance policy when buying a new car or switching insurers. Provide the NCB certificate from your previous insurer to avail the benefits.
You can renew your car insurance policy online by visiting the insurer’s website, entering your policy details, and making the premium payment. Alternatively, you can renew through the insurer’s mobile app or by visiting their office.
Add-on covers, also known as riders or endorsements, are optional additional coverages that you can include in your car insurance policy for extra protection beyond the standard coverage.
After an accident, contact your insurance company immediately to report the incident. Gather evidence like photographs, file an FIR (if required), and fill out the claim form. Provide all necessary documents to support your claim.
Car insurance premiums are influenced by factors such as the vehicle’s make and model, age, location, coverage type, deductibles, driving history, and add-ons chosen.
Yes, you can cancel your car insurance policy at any time. Contact your insurer to initiate the cancellation process. You may receive a pro-rata refund for the remaining policy period.
No, car insurance is non-transferable between individuals. The new owner of the car will need to purchase a separate car insurance policy in their name.