Car Insurance

What is Car Insurance?

By purchasing car insurance the insurance company will Repairs your car and it will give
Medical expenses Rental fees Your state likely has car insurance requirements for certain coverages that you’ll need to follow. Learn more by reading through our car insurance definitions.

What Does Car Insurance Cover?

Your car insurance can help you cover different costs if you get into an accident. We offer different car insurance coverages that you can add to your policy, such as:
  • Medical payments coverage
  • No-fault insurance
  • Collision coverage
  • Comprehensive insurance
  • Car glass insurance
  • Car insurance towing coverage
  • Rental car reimbursement insurance
  • Bodily injury liability insurance
  • Car property damage liability
  • Uninsured motorist bodily injury
  • Uninsured motorist property damage
  • Underinsured motorist
  • Gap insurance

Do I Need Car Insurance?

Most states require drivers to carry car insurance. If you don’t, you’re not only responsible for claims costs, but can also face fines, penalties and possible criminal charges.
Your state’s car insurance laws will tell you the minimum amount you need for bodily injury liability and property damage liability coverages. It’s up to you if you want to add more coverage. Remember if you have more coverage, you can avoid paying out of pocket for repairs or injuries. For example, if you add collision coverage and comprehensive coverage, this can be considered full coverage car insurance.
We can work with you to help you understand how much car insurance you need and get the right amount of coverage for your car insurance policy. You can start by getting a car insurance quote. Or find out how to switch car insurance.

How Is Car Insurance Priced?

When you get a quote, insurers use a car insurance calculator to determine your cost. They look at different factors, such as your:
  • Driving record because a clean claims history means you’re a safe driver.
  • Location, since more populated areas can increase your risk of an accident, vandalism or theft.
  • Coverage history to make sure you’ve had continuous car insurance protection.
  • Car details, such as the make, model and year.
  • Driving habits because the more you drive in a year, the higher your rate may be.
  • Deductible amount because a higher deductible can lower your rate.
Every car insurance policy is unique to the driver. Our specialists can help you get the right policy and let you know what your car insurance cost per month will be.

What Is the Purpose of CAR Insurance?

Why is car insurance important? Without it, you’d have to pay for costly claims out of pocket. This could put your personal assets at financial risk. If you’re wondering how to find the best car insurance company, start by researching as many as you can. This will help you compare car insurance quotes and the benefits that each insurer offers. For example, we offer extra perks that drivers can enjoy with their car insurance policy, such as helping find a repair shop or getting a rental car. Car insurance is the surest way to safeguard your prized possession. It is necessary and therefore the government has made it mandatory for all car owners to insure their cars before plying on the road. Due to these reasons, obligation, and compulsion, one has to ensure their motors, no matter what. But, selecting a good car insurance policy can be a challenge as there are multiple options to choose from. Therefore, one needs to have a guide that will enable them to COMPARE CAR INSURANCE ONLINE IN INDIA.

For the ordinary being, this will seem like a cakewalk. But when you delve deeper into the matrix this is seldom the case. So, what is the most effective way of comparing car insurance in India? Is it a cost comparison? Quote comparison? Benefit comparison? Or an exclusion and limitation comparison?

For a novice, any one of the comparisons would suffice to the requirement of comparing among various CAR INSURANCE POLICIES. But, if you ask an expert about the same, the answer would be a combination of all the above comparisons. No aspect of an insurance policy should be given more than its due weightage while comparing between them.

This implies that, while comparing car insurance quotes one must take into consideration the premium amount that will be required to maintain a policy versus the benefits the policy has to offer with minimum limitations and exclusions. In simpler terms, an affordable, all-encompassing and comprehensive car insurance policy is what one should aim for. This may seem too idealistic and unrealistic due to the fact that most policies are pre-determined with less provision for customization. Therefore, it is necessary to compare car insurance prices in such a manner so as to strike a balance between cost, coverage, and exclusions.

Another important aspect that must be considered while comparing CAR INSURANCE quotes of various companies is the reputation of the insurer and its claim settlement track record. This will make sure that you do not end up buying a car insurance policy from a provider whose integrity is doubtful.

What If Car Insurance Is Expired?

Published on September 30, 2019 | Last Modified Date: March 18, 2021 | EST READ TIME:4 MIN

Driving without a valid insurance policy is illegal in India. It is possible that the car insurance may have lapsed due to any reason – you may not have renewed before its expiration date or you forgot the date.

If your CAR INSURANCE has expired for any reason, here is what you must do.

1. Get in touch with your agent or renew your policy online

In case the policy is expired, you must immediately get in touch with your agent. An experienced agent has the necessary knowledge on the process after car insurance expires. The agent can assist you in renewing the policy, or you could also opt for online renewal, as it helps in saving time and is convenient too. It is important you do not waste time as you may have to pay a higher premium to renew an expired insurance policy.

2. Do not drive your car

An important factor you must remember while answering what if CAR INSURANCE is expired is to not drive your Car. If you drive without an insurance coverage, you will be at a higher risk. In case of an accident, you may have to pay for the damages to third parties as well as for repairing any vehicular loss without insurance coverage.

3. Choose your policy

It is illegal to drive your Car without MOTOR INSURANCE. Therefore, how to renew an expired policy becomes a big question. An excellent option is to renew it online because the entire procedure may be completed within a few hours. In case you want to buy a new policy from a different company, you may compare the car insurance policy online to make an informed decision.

4. Have all your documents handy

After deciding which policy you want to purchase, it is recommended you call the company to determine the documents that are required. You must have a copy of your previous policy and the registration certificate (RC) because these are required to renew your motor insurance. Additional details such as registration location, car brand and model, age, and first registration date will also be required.

5. Book a Car survey appointment

As the car insurance plan has expired, the insurer will send an authorized representative to review the car condition. The representative will check for existing damages before determining your eligibility for car insurance. It is recommended you book an early appointment to avoid further delay. In case the surveyor finds significant damage during the inspection, being eligible for insurance coverage may be difficult. The surveyor may set a pre-determined deductible that may be charged or deducted when you make a claim in the future.

Some insurers offer the convenience of self-inspection, which means you may instantly renew the car insurance policy without waiting for the surveyor to physically check your car. You may log in through the company’s website and opt for the self-inspection option. You are able to upload the pictures and videos through the site. On approval, the insurer will send a confirmation to proceed with the payment to renew the policy online.

It is important that once your policy has expired, you do not further delay the renewal. Buying Car insurance policy online is the best and quickest option in such instances.

This blog has been written by Mr. Mukesh Kumar recommends “getting your two wheeler insured from HDFC ERGO, a brand serving more than 1 crore+ customers. With overnight repair services and more than 6,800+ network garages, you can be assured of help in event of any damage to your Car Insurance.