The idea behind such policies seems to be - lower the mileage, lower is the probability of an accident
Insurance companies expect the new regulations to bridge the gap between insured and un-insured vehicles significantly
The insurance transaction process often includes reliance on third-party service providers, making insurance companies highly susceptible to fraud within and along its value chain
Since the firm did not pay registration fee on time, driving the car was construed as an illegal act
Add-on covers like return to invoice, zero depreciation will cut your out-of-pocket expenses
Before buying, compare premiums online, and opt only for those add-ons that you need
Since policies sold by car dealers are expensive, you can cut your cost considerably by renewing your cover online
It was pointed out that the vehicle was insured as a commercial vehicle
The new motor insurance regulations to take effect from Saturday would, fear officials at automobile companies, impel those wishing to buy cars or two-wheelers to postpone purchasing.Car dealers have been flooded with calls from buyers who had booked new vehicles in the past fortnight. The new regulation mandates buyers of cars and two-wheelers to purchase upfront insurance cover for at least three and five years, respectively. On August 20, the Supreme Court directed insurers to offer long-term third-party covers. Insurance is mandatory for all road-worthy vehicles in India but owners tend to skip renewing the policies after these lapse. A longer tenure and upfront payment of the premium would save buyers the trouble of annual renewals but would proportionately raise the initial outgo on new vehicles, pushing up the on-road prices."There is a lot of confusion in the market," said a Maruti Suzuki India dealer. "This is being done without any prior intimation. Customers who booked a ...
Though you may have an insurance policy as a safety net, there can be occasions when your insurance claim can get rejected. Here's how you can avoid this from happening
Engine protection cover is a must for those who drive through low-lying areas that tend to get waterlogged during the rains
Owners of high-end vehicles should explore more options such as engine protection, invoice cover and plans that cover accessories
Taj Hotels sought a dismissal of the complaint on grounds that Dhawan could not be termed a consumer, as no consideration was charged for the valet parking facility
Vehicle owners who can afford a comprehensive motor insurance cover should opt for it, taking advantage of recent cost reductions
The new guidelines mean car buyers must do their homework to make the most of the choices available
This is to curb activities of inter-state vehicle lifters' gangs in the national capital
Once car buyers buy costly insurance, they do not get any support from the insurance companies
Spending a little more for add-on covers is a good idea, as these can help save on a large bill at the time of claiming insurance