The impact of car insurance on your car resale value

Car insurance significantly impacts the resale value of used cars. Factors such as Insured Declared Value (IDV), depreciation, claims history, and the type of insurance policy play crucial roles. Comprehensive…

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How to get a duplicate copy of your car insurance documents

The article emphasized the necessity and details of vehicle insurance, urging car owners to keep their policy documents secure. It covered the government's requirement for third-party liability insurance and various…

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How to get a duplicate copy of your car insurance documents

The article emphasized the necessity and details of vehicle insurance, urging car owners to keep their policy documents secure. It covered the government's requirement for third-party liability insurance and various…

Read More

Insured Declared Value in motor insurance cover: How is it calculated, is lower IDV better?

If you are confused by personal finance terms, jargon and calculations, here’s a new series to simplify and deconstruct these for you. In the seventh part of this series, ET…

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Insured Declared Value in motor insurance cover: How is it calculated, is lower IDV better?

If you are confused by personal finance terms, jargon and calculations, here’s a new series to simplify and deconstruct these for you. In the seventh part of this series, ET…

Read More

Types of car insurance plans you should know about

India mandates third-party insurance (Motor Vehicles Act 1988). IRDAI sets premiums. Types: third-party liability, Own Damage, and Comprehensive insurance with extensive coverage including INR 15 lakh Personal Accident Cover and…

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Types of car insurance plans you should know about

India mandates third-party insurance (Motor Vehicles Act 1988). IRDAI sets premiums. Types: third-party liability, Own Damage, and Comprehensive insurance with extensive coverage including INR 15 lakh Personal Accident Cover and…

Read More

What Is zero depreciation in car insurance?

Car owners are advised to drive responsibly to save on insurance premiums and claim settlements. The concept of zero depreciation insurance ensures full invoice value payment during claims. This add-on…

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What Is zero depreciation in car insurance?

Car owners are advised to drive responsibly to save on insurance premiums and claim settlements. The concept of zero depreciation insurance ensures full invoice value payment during claims. This add-on…

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Motor insurance rule change: No arbitrary claim rejection, quicker claim settlement, pay as you drive option must, says IRDAI

Motor Insurance New Rules by IRDAI: The Insurance Regulatory and Development Authority of India (IRDAI) has updated the master circular clarifying important rules for motor insurance policyholders. The regulator has…

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