Updates over WhatsApp
If you have car insurance, you would obviously have purchased the coverage as per your preferences and needs. It is not necessary that you renew the policy keeping the features constant throughout, as there are ways through which you can enhance your insurance cover whenever the need arises. Let’s get to know five simple ways to maximize your car insurance cover:
If you want to purchase a car insurance policy, you can opt for buying car insurance online. There are several benefits to purchasing a policy online. You can compare multiple plans, check for online reviews, determine the insurance premium, and check whether the company is registered with IRDA. At the same time, you also need to understand policy exclusions. Buying car insurance online gives you the flexibility to choose a policy that matches your preferences.
For instance, many prefer to buy four-wheelers mostly during festivities or when there are offers on vehicles. This is also an apt time to maximize your car insurance coverage as you can take advantage of the discounts offered by insurance companies during the festive season. So, whether you are buying a policy online or offline, always remember to check the policy in detail.
NCB is the premium discount you get on the own damage portion of the insurance when you haven’t raised any claim during the term of the policy. This can be availed at the time of policy renewal, which needs to be done within the due date. There are chances of losing the NCB benefit if your policy expires. Typically, the discount on the premium is 20% for the 2nd year, and in the 5th year, you can get around 50%. Availing discount helps you get reduced premium rates.
Before you buy a car insurance policy, you can evaluate the premium payable for the policy. A lot of factors are responsible for the premium rate; these include – the age of the vehicle, type of car model, location, and type of cover. For instance, Kotak General Insurance allows users to determine the annual premium for their car through a car insurance premium calculator.
Every insurance company offers add-ons if you have chosen a comprehensive car insurance policy. Some of the optional covers include daily car allowance, depreciation cover, engine protection, consumables cover, return to invoice, loss of personal belonging, and roadside assistance, among others. This is an ideal way to enhance your insurance cover as it provides added protection; however, you are required to incur additional charges if you opt for any of them. The final note:
So, if you purchase a comprehensive car insurance policy, you can use some of the tricks mentioned above to maximize the policy. If you purchase Kotak Car Secure, a comprehensive car insurance, you get the flexibility to design the policy by choosing deductibles, riders, and IDV for your vehicle. Basically, you can customize as per your needs which otherwise isn’t possible when you have third-party insurance.
I/we give my/our consent to receive information in respect of policy servicing, claim servicing, updates on my policy, updates on new and existing product, marketing or servicing my relationship with Kotak Mahindra General Insurance Company Limited, its group companies/associates or agents through Telephone/Mobile/SMS/e-Mail, etc. Further, i/we understand that my/our consent to receive calls/communications shall be valid and shall prevail over my/our current or any subsequent registration of my/our number for the NDNC and shall continue to be treated as my/our consent/acceptance. (If you do not wish to accord your consent, please submit a Do Not Call (DNC) form alongwith this form.
I/we have understood the form, including the clause on consent to call, and i/we have agreed the same after understanding and accepting the terms contained therein.
Benefits of car insurance
A car insurance can help you offset substantial financial loss that you may incur because of damage caused to your car
Must have Add On Covers for Car Insurance
A basic comprehensive car insurance covers damage to car, 3rd party liability and theft & loss of vehicle.
Right time to buy vehicle insurance
Buying a vehicle insurance is an important decision and you need to ensure that you make a timely purchase of vehicle insurance
Know How Car Insurance Premium Is Calculated
Car insurance premium calculation is based on various important factors. Learn about these factors.
Rules to follow for safe driving
Know About The Important Road Safety Rules To Follow
Significance of a motor vehicle insurance policy
Apart from financial security, know in what all ways a motor insurance policy is significant.
Maintenance tips for car engine
Follow these maintenance tips and buy a car insurance with engine protection cover to keep engine secure.
Monsoon Tips for Car
Simple tips to help you stay safe and keep your car moving ahead during monsoon.
What is Zero Depreciation Cover
Read on to understand what is zero depreciation car insurance cover and how it works.
Questions Regarding Motor Insurance Policies
Essential questions answered about motor insurance policies in India.
To optimise our site experience on your handheld device, please hold your phone vertically.