In 21st Century India, owning a car has moved beyond being a condition symbol to an casual necessity. Being owner of a car proves your fiscal independence, puts you in a complicate league of your peers and wins you some much-needed brownie points with the family. But the joy of owning a car or any vehicle could be ephemeral if say, your vehicle meets with an inauspicious and ill-timed accident, is stolen, is lost in a torment flood, or worse – if it turns up to be the lawsuit of an accident that costs the animation or property of a complete strange. These situations can be black, costly, and frustrating for anyone !

There is one solution. Get a Car insurance plan. New India Insurance Co. Ltd. was incorporated on 23rd July 1919 ; established by the House of Tata collapse penis, Sir Dorab Tata. Claims will be settled in a quick manner without any hassles. The serve of initiating a claim during an emergency situation is besides very convenient. apart from this, policyholders can besides take advantage of no claim bonus dismiss. Those who have anti-theft devices will besides be eligible for an extra rebate. Those people who are embers of the Automobile Association of India will be eligible for particular discounts. It will besides help the policyholder to make claims, apply for a policy or renew the like. well, one of the best features of National Insurance is a well-trained customer service team which will constantly be there to clear all doubts and queries. Under this plan, you will get two types of coverage, Liability and software coverage. Both will assist you in their ways. New India Assurance is offering a wide scope of effective and helpful motor indemnity products that will cover all of your basic needs. It includes all those features that a Motor insurance plan should have .

Inclusion & Exclusion

Inclusions Exclusions
Loss or damage caused because of :

  • Fire, explosion & self-ignition
  • Natural calamities such as floods, storms, landslides, earthquakes, rock slides, hurricanes, lightning
In case where the insured uses the vehicle contrary to mandated instructions
Loss that occurs because of theft, robbery, and other man-made calamities such as strike, riots, terrorist activities, accidental external damage Accident due to intoxication
Damage that occurs because of travel by road, air, elevator, inland waterway Damage due to own negligence
Third-party liability in cases of injury, death or damage Mechanical or electrical breakdown
Personal accident cover Loss due to nuclear risks
Loss occur because of electrical or non-electrical accessories War related risks
Legal liability to passengers who do not pay fares Consequential loss
Contractual liability
Loss of accessories by theft
If used/driven outside geographical area

2. TATA AIG Car Insurance

Tata Aig General Insurance Company Limited ( Tata Aig General ) is a joint venture between Tata Group and American International Group, Inc. ( AIG ) .
Tata AIG Motor Insurance plan takes into circumstance the conventional risks angstrom well as non-conventional risks associated with automobiles .
It ensures that the policyholders are able to put their minds at lie and in case of emergencies get immediate aid .

Features and Benefits

  •  Comprehensive motor cover
  •  Comprehensive personal cover
  •  Comprehensive third-party cover
  •  Flexibility to choose from 12 additional risk covers
  •  Flexibility to choose from 12 additional risk covers
  •  Cashless settlements at networked garages
  • Reimbursement claim settlement within one week
  • Claim free policy periods accumulate no claims benefit
  • Cover for on-road emergencies
  • Vehicle repair cover due to an accident has six months validity
  • The third party cover up to ₹7.5 lakhs
  • Personal cover
  • Driver and pinion cover
  • Vehicle cover
  • No pickup charges for personal/commercial car
  • Salvage value is not deducted while calculating premiums for cover value
  • Repair claim for glass/fiber/plastic/rubber parts does not reduce any claim benefits


The caller provides vehicle cover for the follow risks :

  • Damage due to catching fire
  • Damage due to an explosion
  • Damage due to ignition
  • Damage due to struck by lightning
  • Theft of vehicle
  • Damage due to riots/strikes
  • Damage due to natural calamities like earthquake, floods, cyclone
  • Damage due to accident from external causes
  • Damage due to terrorist and other malicious acts
  • Damage during transporting vehicle in another vehicle (waterways, roadways, airways, lifts).
  • Damage due to landslide/road slide

3. Bajaj Allianz Car Insurance

When it comes to something vitamin a crucial as cable car policy and car insurance renewal policy, Bajaj Allianz Car Insurance is trusted by millions .
The company enables its policyholders to renew their car insurance cursorily and handily .

Features and Benefits

  • Instant policy – Hassle-free instant paperless renewal
  • 24/7 – claim assistance
  • Drive Smart services – Mobile app to assist 24/7 Roadside Assistance
  • Cashless claims at over 1500 preferred garages/workshops
  • Towing facility is provided in case of an accident or a breakdown
  • Get instant assistance on your claims and updates about your claim status through SMS alerts
  • Enjoy hassle-free vehicle inspection in the 1500 preferred workshops
  • Covers loss or damage caused by natural calamities – fire, explosion, earthquake, storm, etc.
  • Covers loss or damage caused due to man-made reasons – theft, riot, burglary, damage in transit, etc.
  • Accident Coverage for the individual owner/driver of the vehicle
  • Protection from legal liability in case of death or property damage of a third-party.

To make things easier, you can subscribe to the reclamation admonisher feature of speech on Bajaj Allianz web site. Enter your name, liaison details and refilling date. A reminder will be sent to renew your car indemnity policy .
You can not enjoy the benefits of having an insured cable car after your car indemnity term expires. Hence, renewing your car insurance ( once the initial terminus expires ) is very important .


Bajaj Allianz car insurance offers the below coverage :
1.Own Damage
This policy covers any damage or loss the owner ’ second cable car undergoes due to any of the pursue things :

  • Fire, explosion, self-ignition or lightning
  • Burglary or Theft
  • Riot & Strike
  • Natural calamities like flood, hurricane, storm, cyclone, earthquake, etc
  • Terrorist activity
  • While in transit by road, rail, lift, elevator or air
  • Landslide or rock-side

2. Third Party or Liability
Bajaj Allianz Private Car insurance Policy covers any injury or property damages incurred to the third-party ascribable to the insured cable car
3. Personal Accident Cover
Bajaj Allianz will pay a summarize Insured of ₹2 hundred thousand to the owner-driver of the insure vehicle in subject of permanent full disability or to the beneficiary in case of accidental end .
Optional Covers:

  • Passenger Personal Accident Cover: A Sum Insured of ₹2,00,000 for each of the occupants can be bought under passenger personal accident cover
  • Legal Liability for Paid driver: Liability cover for paid driver with a premium of 50 ₹/annually can be bought.

4. HDFC ERGO Car Insurance

HDFC ERGO General Insurance Company Ltd. is a collaboration between HDFC Ltd. and ERGO International AG, the primary insurance entity of Munich Re Group .
The organization offers a arrant rate of general policy products right from Motor, Health, Travel and Home to Personal Accident in the retail distance .

Features and Benefits

  • Enjoy cashless claim service at over 3400+ authorized network garages.
  • Network of authorized garages located across India.
  • Enjoy No Claim Bonus .
  • especial discounts for members of the Automobile Association.
  • You ( as the owner/driver of the vehicle ) are entitled to mandate personal accident Cover ( owner/driver of the fomite ) for up to Rs 2 hundred thousand against Permanent sum Disability & Accidental Death .
  • Cover besides extends to the named or nameless passengers of the vehicle up to the vehicle ’ mho seating capacity and a driver .
  • The dedicated customer care team ensures around-the-clock support for all your queries

HDFC ERGO car policy offer the downstairs coverage :

  • Protection against damage due to fire, explosion, lightning, natural calamities (flood, earthquake, landslide, etc.).
  • Cover against damage caused by theft, burglary, house break-in, terrorism, malicious acts, etc.
  • Protection against any damage caused during transit by rail, road, air, inland waterways or lift.
  • Damage caused by routine wear & tear, ageing of the vehicle.
  • Damage caused by a person driving the vehicle without a valid licence or under the influence of intoxicants.
  • Any loss of damage occurring outside India
  • Electrical / mechanical breakdown of the vehicle, depreciation or any consequential loss.

5. The Oriental Car Insurance

A celebrated company in the indemnity ecosystem is oriental Insurance .
The party provides car policy plans that ensures that cable car owners are tension unblock in difficult situations .
The company ensures absolute customer enchant by offering customize plans as per requirements of the car owner, seamless on-line renewals, excellent add-ons to existing plans, hand brake services and a lot more .
Investing in a car policy plan with this party therefore turns out to be a knowing decision .

Features and Benefits

  • Offers customized plans as per your requirements
  • Offers coverage for a year, but also offers coverage for shorter duration
  • Offers online facilities to buy and renew the car insurance products at your convenience
  • Offers alternative car benefit allowance in case of emergencies like theft, accident, damage. This allowance is Rs.400 or Rs.650/-
  • Offers excellent add-ons at a very affordable rate
  • Offers emergency services through TVS absolutely free
  • Offers higher and best coverage at an affordable premium rate
  • Provides complete peace of mind through stress-free rides
  • Offers speedy and hassle-free claim settlement process
  • Has effective risk management system


oriental Car Insurance offers a comprehensive examination coverage for you and your pry possession. They offer the below coverage :

  • Natural calamities like floods, inundation, typhoon, cyclone, hurricane, storm and hailstorms
  • Landslides and rock slides
  • Earthquake (both shock and Fire)
  • Fire, self-ignition, lighting or explosion
  • Terrorist and Malicious activities
  • Strikes and Riots
  • Housebreaking, burglary, and theft of car

Why Do You Need a Car insurance ?

There is no doubt in saying that accidents occur without a admonition .
But, with the avail of an effective motor insurance plan, you will be prepared to face such type of situations mentally and financially .
Motor indemnity offers needed fiscal cover to you and your fomite in case of any kind of damage or larceny. With the avail of an effective motive policy design, driving on the roads of India will be easier and tension free .
besides, under the provisions of the Motor Vehicles Act of India, all vehicles that operate in public places must have a car policy policy as a compulsory document .
car indemnity is the smartest way to financially secure yourself and your car .
Let ’ s say, you own a 1-year-old standard hatchback with Insured Declared Value of Rs. 4,00,000, but deplorably, don ’ t have car indemnity .
Following are the approximate expenses that you might incur if your car was to meet with an accident of “ medium affect ” :

Damages Expenses
Frontal Damages Rs. 25,000
Windshield Damages Rs. 6,000
Bumper Damages Rs. 5,000
Bonnet Rs. 6,000
Fender Rs. 5,000
Headlight Rs. 3,000
Total Rs. 50,000

car policy policy would have cost you a certain agio :

  • Without zero dep: Rs. 6,000
  • With zero dep: Rs. 8,000

Paying a minuscule sum like Rs. 8,000 every year can still help you cover those Rs. 50,000 [ or more ] deserving of accident-related damages to your car .
No Car Insurance = Financial Expenses + Emotional Torture + Stress + Inconvenience

What is Car Insurance?

cable car indemnity is nothing but an insurance policy that allows you to get the necessitate fiscal coverage against several forms of damages, larceny, injury caused to your vehicle and third-party indebtedness arsenic well .
Motor insurance is a compulsory document that vehicle owners should carry while driving. It is essential in India to have motor indemnity as per the indian law .
Anyone who drives without an indemnity policy has to pay heavy penalties .
To help you to buy right car indemnity policy, here are the 5 best car policy policies available in the market right now .

Benefits of Car Insurance

1.With an effective cable car indemnity policy, the insured will get the coverage against loss or damage of the fomite that is caused by Accident, larceny, fire, explosion, self ignition, lightning, riots, strikes, Act of terrorism, Transit by Rail, Road, Air & Elevator and natural calamities, ( Earthquake, Flood and more ) .
2.It will besides offer the necessitate cover against all fiscal liability that causes injury or death of a third-party or damage to the property. That is provides benefits to survivors when an accident results in end .
3. It covers lawsuits, including legal fees brought against you as the result of an accident .


cable car policy is a policy which covers your car against fiscal losses that you may face in case of accident or larceny of a car .
A comprehensive car insurance policy covers for third-party indebtedness, place damages, and medical expenses. It is compulsory for vehicle owners to have at least third-party indebtedness insurance ; however, some prefer to purchase extra indemnity to ensure far protection.

You pay a certain come as a premium to the indemnity company to buy this cover, and they agree to pay for accidental damages and larceny losses .
felicitous invest !
disclaimer : The views expressed in this post are that of the author and not those of Groww

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