Zero depreciation car insurance: 5 things to know
Zero depreciation car insurance ensures that the insurance company does not deduct the depreciation value of car parts while settling a claim.
Zero depreciation car insurance ensures that the insurance company does not deduct the depreciation value of car parts while settling a claim.
Driving in India without third-party (TP) insurance is illegal and can result in financial burdens if caught without a valid policy. However, even when you have a TP cover, there may be instances wher
In India, you can easily check your car insurance details online through platforms such as the Parivahan Portal, IIB Portal, mParivahan app, and state RTO websites. These government-run resources all
Motor insurance premiums involve various factors like payment modes, claim history, and policy purchase method. Choosing strategic options such as spreading payments, leveraging No-Claim Bonuses, opti
Proposed rules linking traffic violations to higher insurance premiums are under consideration at present. Stricter rules for traffic violations are also being proposed. Experts anticipate that premiu
Electric vehicle insurance premiums are notably higher than those for traditional cars due to EVs’ higher purchase prices and costly battery replacements. Specialized parts, the need for trained techn
India’s EV adoption is growing, making EV car insurance crucial. Unlike conventional policies, EV insurance covers unique components like batteries and charging systems. Premiums and coverage differ d
The Punjab and Haryana High Court ruled that a driving license remains valid for 30 days post-expiration under the Motor Vehicle Act. This decision prevents insurance companies from reclaiming compens
India’s motor insurance sector is undergoing significant transformation driven by IRDAI reforms, technological advancements, and evolving consumer preferences. These changes include standardized polic
It’s mandatory, affordable, and your best defence against crippling liabilities.