Car Insurance

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Kotak Car Insurance Policy in 2 Minutes
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Quick and hassle-free claim process

Quick and hassle-free claim process

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We take your safety seriously



Cashless Garages




Upto 50%

Upto 50%

No Claim Bonus



Claim Settlement Ratio



Around the clock Assistance

* The above data is till 31st March, 2023

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Premium FeaturesComprehensive Plan

discountGrab additional discounts upto 22.5% on credit score

Own Damage Plan
Cashless repairs

Cashless repairs

No claim bonus up to 50%

No claim bonus up to 50%

Coverage to electrical/non-electrical accessories

Coverage to electrical/non-electrical accessories

Coverage to bi-fuel systems

Coverage to bi-fuel systems

Damage to third party property

Damage to third party property

Third party’s death or injury

Third party’s death or injury

Zero Depreciation cover add-on inbuilt

Zero Depreciation cover add-on inbuilt

Extra coverage with optional add-ons

Extra coverage with optional add-ons

Standard Features
Car damage

Car damage

Theft coverage

Theft coverage

Personal accident cover

Personal accident cover

Car damage due to natural disasters

Car damage due to natural disasters

Car damage due to man-made calamities eg: riots

Car damage due to man-made calamities eg: riots

Car damage due to fire

Car damage due to fire

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Kotak Car Insurance for your Favorite Brands

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Supreme Offerings

Awesome covers,added security awaits you

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Electrical accessories

Electrical accessories

Insuring your vehicle’s every need and providing comprehensive plan that covers all electrical/non-electrical accessories.



Don’t let fire damage to your car ruin your life. Stay protected against any loss and get compensated for damages caused by fire.

Self ignition

Self ignition

Get compensated for losses incurred from combustion that occurs without the use of an external heat source.

Natural disasters

Natural disasters

When disaster strike, we’ve got you covered. Get protected from the effects or damages due to natural disasters.

Personal accident

Personal accident

Get comprehensive coverage to protect yourself and your loved ones from unpredictable events such as accidents.



Keeping your property safe & covered from the damages caused by rapid nuclear or chemical reactions.

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Wear, tear & general aging of vehicle

We do not cover any damages due to normal wear and tear and general aging of the vehicle

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Depreciation or consequential losses

Our coverage does not include depreciation or consequential losses (unless they are separately covered by add-ons).

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Vehicle used otherwise

We do not cover any damage caused by the vehicle being driven otherwise than in accordance with the limitations on its use.

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Mechanical/Electrical breakdown

Any damage or loss that occurred due to mechanical or electrical breakdown is not covered by us.

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Any contractual liability

You are not covered under our insurance policy for any contractual liability if you are found to be responsible for the damages.

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Influence of drugs or liquor

We do not cover damage to/by a person who is driving under the influence of drugs or alcohol.

Generous Benefits

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In case of a breakdown, we’ve got you covered with towing, repairs and more when you need it most.

Generous Benefits

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Road side assistance
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In case of a breakdown, we’ve got you covered with towing,repairs and more when you need it most.

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The perfect coverage for your dream car

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For entry segment vehicles
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For premium vehicles
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For luxury vehicles

The perfect coverage for your dream car

For entry segment vehicles

For premium vehicles

Kotak Car Insurance
Reviews & Ratings

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Kotak Car Insurance
Reviews & Ratings

Look what they have to say

We are very happy if you are satisfied with our service and products. Let's read pure reviews from customers who bought our products.

Car Insurance

Entire process starting from claim registration to the completion was very speedy and smooth. After claim registration I did not need to talk or remind the company. It was my first experience of its kind which I felt wonderful. Thanks Kotak General Insurance!

Car Insurance

The overall process was very smooth and professional. Minimal documentation and process. Liked the Professionalism and proactiveness of the employees in Kotak. Thanks for the support.

Car Insurance

Very satisfying first experience with Kotak. Likely to renew the policy with Kotak.

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All about Car Insurance Online

So stay informed about car insurance

What is Car Insurance?

Car insurance is a legal document and a contract between the car owner and the car insurance provider. The agreement offers protection for the four-wheeler in the case of financial losses to the vehicle due to theft, accidental damages, damages due natural calamities etc.

Apart from the financial assistance, a car insurance is a regulatory requirement while driving your car on the roads. Even second-hand cars need insurance. Besides, renewing car insurance on timely basis is necessary to avail continuous coverage and benefits like No claim Bonus.

Kotak Car Secure offers comprehensive car insurance coverage for your vehicle, and it is also flexible enough to meet your needs. You can choose between a range different car insurance add ons to enhance protection for your prized asset. Kotak Car Secure aims to give you a seamless experience right from the day you decide to buy a car insurance plan and, hence, offers you top-notch services as well as a simplified process.

Key Features of Car Insurance from Kotak

Kotak Car Secure caters to your needs by providing top-notch features that give you benefits in multiple ways throughout your car insurance journey.

Cashless Servicing:

Wherever your long drives take you, our extensive network garages will allow you to enjoy hassle-free cashless car insurance service across the country.

NCB Discounts & Entitlements:

Are you worried about losing your No Claim Bonus (NCB) if you switch your car insurance? There is no need to worry, as you can retain your NCB benefits (as per your expiring policy) when you choose to shift your existing car insurance policy to Kotak General Insurance.

Premium Discounts:

Get an additional discount (as per the tariff) on your car insurance premium when you opt for Voluntary Deductible in addition to Compulsory Deductible.

AAI Members Discount:

If you're an active member of a recognized Automobile Association of India (AAI), you can enjoy an additional discount on your car insurance premiums.

Additional Kotak Car Insurance Features

Additional Key FeaturesKotak Advantage
Affordable premiumsGet coverage with affordable premiums
Optional Add-onsRange of add-ons for wider coverage
Add-ons available
  • 24x7 Roadside Assistance
  • Daily Car Allowance
  • Engine Protect
  • Depreciation Cover
  • Return to Invoice
  • Consumables Cover
  • Tyre Cover
  • Loss of personal belonging
  • Key Replacement
  • NCB Protect
  • Switch On/ Switch Off (METER)
Third-Party LiabilityCoverage against third-party bodily injury, death and property damage
Own Damage CoverAvailable with comprehensive plans
Personal accident coverCoverage of Rs.15 lakhs against accidental deaths and permanent disablements
Easy cashless claimsNetwork of 4000+ garages for easy cashless claims.
Claim TATQuick settlement of claims, jet-speed style!
No Claim BonusEnjoy up to 50% NCB and reduce your premiums.
Round-the-clock assistanceWe are at your service, 24/7
Policy purchaseOnline issuance and renewals
DocumentationZero paperwork needed

Why do you need Car Insurance?

A car insurance policy is important. Here are the reasons why –

  • Legally mandatory
  • Firstly, a car insurance policy is mandated by law. The Motor Vehicles Act of 1988 requires every car to be insured under a valid third-party coverage before you take it for a spin. So, to comply with the legal requirements and avoid penalties, car insurance becomes a must.

  • Coverage against third party liabilities
  • Third-party liabilities occur if your car physically hurts or kills another individual or causes third-party property damage. These contingencies are covered under the policy. Get coverage up to the legal liability for claims related to bodily injury, death or property damage as per the governed rules and regulations of Motor Vehicle Act. To know more about difference between third-party and comprehensive car insurance click here

  • Coverage against man-made and natural calamities
  • A comprehensive car insurance plan covers both man-made and natural calamities. Enjoy coverage against damages suffered due to earthquakes, lightning, flood, hurricanes, storm, landslide, fire, riots, strike, explosion, etc.

  • Theft cover
  • If your car is stolen, you not only lose an asset, but also incur a considerable financial loss. This loss is covered under a comprehensive car policy and you get compensated for the loss suffered.

  • Add-ons Covers
  • Comprehensive car insurance plans allow a range of add-ons that enhance the coverage. You can get 24/7 assistance in the case of emergencies, nullify the effect of depreciation on the claim, get the original invoice value of the car in the case of theft or total loss and more. Choose one or more add-ons and get to enhance the cover and make your policy more inclusive. Know more about comprehensive car insurance in India and add-ons here.

  • Compensation for financial loss
  • If your car suffers a damage, you might incur a considerable financial outgo on its repairs. In the case of a theft, the loss is considerable as cars come expensive. Third-party liabilities might also amount to a sizeable financial strain. A comprehensive car insurance policy takes care of these contingencies and compensate you for the loss that you might suffer.

  • Personal accident cover
  • Accidents are traumatic, emotionally and financially. The personal accident cover helps you with a benefit amount during the financial trauma of an accident. The personal accident cover provides coverage against accidental deaths and permanent disablements and pays a lump sum benefit in these cases. The total liability of the insurer shall not exceed INR 15 lakhs

  • Peace of mind
  • With the car insurance policy at your disposal, you don’t have to worry about possible financial losses that you might suffer in the case of a damage, theft or third-party liability. The policy covers the financial loss and gives you peace of mind.

Types of Car Insurance Plans by Kotak

Kotak General Insurance offers different types of car insurance plans. Have a look –

Types of car insurance plansMeaning
Kotak Car SecureIt is a comprehensive car insurance policy that covers both third-party liabilities and the damages that your car might suffer. The policy comes with a term of one year after which you can renew it. There are a range of add-ons available under the policy for enhancing the scope of coverage.
Kotak Car Secure OD OnlyThis is a standalone own damage car insurance (OD) policy that covers only the damages suffered by the car as well as theft. Third-party liabilities are not covered. The policy can be purchased only if you have an existing third-party insurance policy for the car.
Kotak Car Secure – BundledThis is a bundled comprehensive car insurance policy where the own damage coverage is allowed for one year while the third-party coverage is allowed for three years. The policy is available only for new cars.
Liability Only – Private CarThis is a third party car insurance policy that covers third party liabilities for a period of one year.
Liability Only – Private Car (3 years)This is also a third party car insurance policy covering third party liabilities only. However, the coverage duration is three years and the policy is available for new cars only.

Features of Comprehensive Car Insurance Policy

A comprehensive car insurance policy has various salient features. Know all about comprehensive car insurance policy. Have a look-

  • Pays for third-party liabilities
  • A comprehensive car insurance plan provides an all-around coverage and covers the mandatory third-party liability.

  • Covers damages suffered by the car
  • If your car is damaged due to natural or man-made causes, the comprehensive car insurance plan covers for the loss suffered.

  • Coverage for theft
  • The comprehensive plan also covers theft of the car and pays the Insured Declared Value (IDV) against the same.

  • Personal accident cover for the owner/driver
  • There is a personal accident cover available for the owner or driver of the car with a sum insured of Rs.15 lakhs. The cover pays a benefit in the case of accidental death or permanent total disability due to an accident.

  • Range of add-ons
  • Add-ons are optional additional coverage benefits that you can choose with the comprehensive cover. Kotak’s comprehensive car insurance policy allows a choice of multiple add-ons for an inclusive coverage.

  • Premium discounts
  • You can avail premium discounts for installing safety devices in your car, for being a member of an automobile association, for choosing a voluntary deductible etc. These discounts bring down the premium cost.

  • No Claim Bonus
  • If you don’t make a claim in your comprehensive car insurance plan, you earn a no claim bonus. The bonus starts at 20% after the first claim-free year and keeps on increasing after each successive claim-free year. You can earn up to 50% no claim bonus and claim an equivalent discount on the premium.

  • Cashless claim settlements
  • Under comprehensive plans you can get cashless claim settlements on repairs if you take your car to a networked garage.

Features of Third Party Car Insurance

A third party car insurance policy has the following features –

  • Coverage against third-party liabilities
  • If you incur any financial liability due to physical injury, death or property damage suffered by another individual, it is called a third-party liability. Such liabilities are covered by the 3rd party car insurance policy. If you face such liabilities, the policy compensates the third party on your behalf.

  • Low premiums
  • The premiums for third party car insurance plans are determined by the Insurance Regulatory and Development Authority of India (IRDAI). The premiums depend on the cubic capacity and segment of the car and are low.

  • Mandatory requirement
  • The 3rd party car insurance policy is a mandatory requirement as specified under the Motor Vehicles Act, 1988. So, if you own a car, you have to buy the third party coverage mandatorily.

  • Long-term coverage
  • For new cars, the third party coverage is allowed for a long-term period of three years. You don’t have to renew the policy every year.

  • High coverage
  • The third party policy covers bodily injury and death up to the amount decided by the motor tribunal. Whatever is the liability amount, the policy covers it. Property damages are covered up to Rs.7.5 lakhs.

  • Online issuance
  • You can buy third party car insurance online with zero paperwork and get instant issuance of the policy.

Features of Own Damage Car Insurance

The own damage car insurance policy has the following features –

  • Coverage for own damages
  • The own damage insurance for car covers the damages suffered by the car. Such damages can be due to natural or man-made calamities. For instance, the own damage cover will pay for the repair costs if the car is damaged due to earthquake, flood, landslide, storm, fire, ignition, strike, riots, etc. Even if the car is totalled, the loss suffered is compensated.

  • Coverage against theft
  • If the car is stolen, you get compensated for the considerable financial loss that you suffer. You can use the compensation received to replace the lost car or pay off an existing car loan.

  • Optional add-ons
  • Different add-ons are available with own damage car insurance policies. Such add-ons are optional and help in increasing the scope of coverage at a minimal additional premium.

  • No claim bonus
  • You earn a no claim bonus every year when you don’t make a claim under the own damage insurance for car. The no claim bonus can be used as a premium discount on renewals. The bonus starts from 20% and jumps to 50% after five successive claim-free years.

  • Premium discounts
  • You can enjoy different types of premium discounts on the own damage premium. These discounts make the premium more affordable.

  • One-year term
  • The own damage cover is available for a term of one year after which you can renew it for continuous coverage.

What is covered under Car Insurance Policy by Kotak

Kotak car insurance policy covers the following types of contingencies and compensates you for the loss suffered –

  • Third-party cover
  • The third party cover is mandatory per law. As such, Kotak car insurance covers third party liabilities that you might incur. Get coverage up to the legal liability for claims related to bodily injury, death or property damage as per the governed rules and regulations of Motor Vehicle Act.

  • Own damage cover
  • If your car is damaged due to natural or man-made calamities, the financial loss incurred is covered under the Kotak car insurance plan. The car insurance covers both partial damage and total loss of the vehicle. The calamities covered include the following –

    • Natural calamities – earthquake, flood, storm, tempest, cyclone, hurricane, lightning, subsidence, landslide, etc.
    • Man-made calamities – Fire, explosion or implosion, riots, malicious acts, strike, etc.

  • Theft cover
  • If someone steals your car and you can’t trace it back, the financial loss suffered is also covered under the Kotak car insurance plan. The Insured Declared Value is paid in a lump sum so that you are duly compensated for the loss suffered.

  • Personal accident cover
  • Kotak Car insurance allows you the option to add the personal accident cover to your policy. The cover gives additional protection against accidental deaths and permanent total disablements with a sum insured of Rs.15 lakhs. If the driver or owner dies in an accident or becomes permanently disabled, a lump sum benefit is paid.

  • Add-on cover
  • A range of add-on covers are offered by Kotak car insurance plans. These add-ons are available at minimal additional premiums and they help in enhancing the scope of coverage of the policy. You can enhance the claim payout or enjoy additional protection with the add-ons that Kotak car insurance offers.

What is not covered under Kotak Car Insurance Policy Kotak

To best enjoy all your inclusions, you must also learn about the exclusions. It’s ideal to have every piece of information before you buy Car Insurance online or offline. Here is a list of all the exclusions from our car insurance policy.

Loss/Damage to the vehicle/accessory/accessories arising by the following will not be covered:

  • Normal wear and tear and general aging of the vehicle
  • Depreciation or any consequential losses(* Unless separately covered by add ons)
  • Optional add-ons
  • Vehicle being used otherwise than in accordance with limitations as to use
  • Mechanical/electrical breakdown
  • Any contractual liability
  • Damage to/by a person driving the vehicle under the influence of drugs or liquor
  • Damage to/by a person driving the vehicle without a valid license
  • Damages due to nuclear risk or war

Cancellation Grid:

In case you would like to cancel your car insurance policy within a year, we will retain a portion of the premium as specified below:

Period% of Annual Premium
Not Exceeding 1 month20%
Exceeding 1 month but not exceeding 2 months30%
Exceeding 2 months but not exceeding 3 months40%
Exceeding 3 months but not exceeding 4 months50%
Exceeding 4 months but not exceeding 5 months60%
Exceeding 5 months but not exceeding 6 months70%
Exceeding 6 months but not exceeding 7 months80%
Exceeding 7 months but not exceeding 8 months90%
Exceeding 8 months Full Annual PremiumFull Annual Premium

Add – Ons available with Car Insurance Policy by Kotak

Add-ons are available under comprehensive Kotak car insurance policy. These add-ons in car insurance allow additional coverage and are optional in nature. The range of add-ons in Kotak car insurance are as follows –

Consumables CoverConsumables are one-time items used in repairs of the car like nuts, bolts, screws, lubricants, etc. The cost of these consumables is covered under the add-on which is otherwise excluded from coverage.
Depreciation CoverDepreciation is not covered under car insurance. In the case of claim, the cost of depreciation is deducted from the cost of repairing or replacing the parts. However, with the Depreciation Cover add-on, depreciation gets covered. It is not deducted from the claim amount and the claim payout is higher.
Engine ProtectIf the engine suffers a damage due to water seepage or water logging, the add-on would cover such damages and pay for the repair or replacement of the damaged engine.
Return to InvoiceIn the case of theft or total loss, the add-on pays the difference between the Insured Declared Value and the invoice value of the car.
24X7 Roadside AssistanceThis add-on allows 24X7 assistance in the case of emergencies or when the car breaks down in the middle of the road. You can get assistance for flat tyres, fuel refill, jump starting the battery, etc.
Tyre CoverDamage to tyres is not covered under the normal car insurance policy. However, if you opt for the Tyre Cover rider, the damages to tyres are included in the scope of cover.
Daily Car AllowanceIn the case of a claim, when the car is under repairs, the add-on pays a daily allowance which you can use to cover the cost of alternate transportation.
NCB ProtectThe No Claim Bonus allows discounts in premiums and the discount can go up to 50% if you don’t make a claim for five successive years. However, in the case of a claim, the NCB is lost. If you choose the add-on, the NCB stays protected even after a claim.
Loss of Personal BelongingsThis add-on covers the financial loss that you might suffer if personal belongings are stolen from the insured car.
Key ReplacementThe add-on covers the cost of replacing the car keys if you lose them.

Why choose Kotak for Online Car Insurance

You and Kotak Car Secure have the mutual goal of keeping your car safe and sound. Under any unforeseen circumstances, Kotak car insurance provides all-around protection.

With Kotak Car Secure, enjoy enhanced protection that pays for first-party and third-party damage.

For any critical or non-urgent circumstance, you can rely on our 24-hour assistance. Get the benefit of a maximum of 50% No Bonus Claim Get access to Kotak’s cashless garage network across India

Time Saving Car Policy

No need to spend hours in buying a car insurance policy for your car. Buy the policy online and get it issued within minutes. Enjoy instant coverage on your car and take it for a spin without worrying about potential financial losses.

Money Saving Car Policy

Kotak car insurance comes at affordable premiums starting as low as Rs.2094. So, insure your car without burning a hole in your pockets with Kotak Car Insurance plans.

Effort Saving Car Policy

At Kotak, we believe in issuing your car insurance policy with minimal hassles on your part. You don’t have to make a lot of effort in getting your car insured. Just apply online, fill in the proposal form, pay the premium and that’s it. The policy gets issued with minimal efforts.

Instant discounts on Car Policy

Who doesn’t love discounts and so, at Kotak, we offer a range of discounts on your Kotak comprehensive car insurance policy. Enjoy discounts up to 50% on the renewal premium through no claim bonus, choose a voluntary deductible and get rewarded through premium discounts, install an anti-theft device approved by ARAI (Automobile Research Association of India) and earn a discount or become a member of the Automobile Association of India (AAI) and get a premium discount.

Claim multiple discounts and make your Kotak car insurance policy more affordable.

24x7 customer care Support for Car Policy

Need help in buying, renewing or making a claim on your car insurance policy? Kotak’s trusted experts are at your service. Get 24X7 assistance from our customer care department for your queries, complaints and even feedback.

Trusted and reliable Car Policy

We have tie-ups with more than 3000 garages across India to facilitate easy cashless claim settlements. Moreover, with a 97% Claim Settlement Ratio, you can trust us for your car insurance policy. Choose Kotak for car insurance online and get a comprehensive scope of coverage at affordable premiums and hassle-free claim settlements.

Key Benefits of Buying Car Insurance Online

More Economical

When you compare car insurance online, you will be able to determine which is the best policy for you based on its cost. The only thing to note here is that one should consciously compare similar types of car insurance policies.

Paperless transactions

Car insurance require you to answer basic questions about yourself and your vehicle. Based on these questions, you can select the insurance coverage you wish to buy for your vehicle. You won't need any paperwork to buy a car insurance online.

Instant Policy

When you buy car insurance offline, processing physical paperwork takes a long time; however, when you purchase a car insurance online, information is processed instantly, and your policy is issued immediately.

More Convenience

Online car insurance purchases are more convenient than traditional ones. You can buy an insurance policy at one in the morning from the convenience of your home and still have a smooth transaction. Buying car insurance online offers ease.

Checking the credibility of the insurer is easy

Online research into an insurance provider is more straightforward than offline research. Before buying a new car insurance online, you can check the company's website to learn more about its Incurred Claim Ratio, claim filing process, and claim resolution time. To obtain a clearer picture, you can also read reviews left by current or former customers.

That's where Kotak General steps in with their expertise, solving all your problems in a snap.

Steps to Buy Car Insurance Online from Kotak

Get All-round protection for your precious vehicle in a few steps. We at Kotak General Insurance understand the value of your time and have simplified the car insurance buying process to a few simple steps.


Click on the "Get a Car Insurance Quote" button on the Kotak Car Insurance Page


Fill in your car details such as registration number, model, make etc


Fill in you personal details and make the payment online.

How to Choose Four-Wheeler Insurance for New Car

Looking for new car insurance? Here are some tips on how to choose car insurance for new car –

  • Opt for a comprehensive new car insurance policy
  • A new car should have an all-around protection. That is what a comprehensive car insurance policy offers. So, choose a comprehensive car insurance for new cars for an inclusive scope of coverage against possible financial losses.

  • Choose a suitable IDV
  • The Insured Declared Value is the maximum coverage liability that the insurance company undertakes when insuring your car. This is the value that is paid when you suffer a theft or total loss. So, a higher IDV is a better choice as the claim pay out is higher in theft or total loss cases.

  • Select suitable add-ons
  • Make your new car insurance policy more comprehensive with add-ons. Choose suitable add-ons depending on your coverage needs and get wider coverage. Enjoy higher claim pay-outs and better financial security.

  • Claim the applicable discounts
  • As mentioned earlier, Kotak’s comprehensive car insurance policy allows a range of premium discounts that can reduce the new car insurance price. So, look for these discounts and claim the ones which are available for your car. If you had a previous car whose no claim bonus has been accumulated, transfer the bonus to the new car and get a discount on the new car insurance price.

  • Check new car insurance price
  • Compare the new car insurance price across different policies. Choose the new car insurance policy that offers the most competitive rate of premium without compromising on the coverage. For instance, Kotak offers affordable policies for your new car with a comprehensive scope of coverage.

  • Check the networked garages
  • Networked garages allow you to avail of the cashless claim facility. So, the wider the network of such garages, the better. Check the list of networked garages in your area to know which garage would serve the purpose when you suffer a claim.

  • Know the claim settlement process
  • You need to follow the claim settlement process for a quick claim settlement. So, check the claim settlement process of the insurance company. Also, look for a policy that has a streamlined process and simplifies the claim experience, just like Kotak does.

  • Check the Claim Settlement Ratio
  • Lastly, check the Claim Settlement Ratio of the insurance company as it indicates the percentage of claims that the company has settled. A high ratio is a better choice since it fosters trust on the insurer. For instance, Kotak has a Claim Settlement Ratio of 97% which shows that the company settles most of its claims and can be trusted for your new car insurance.

How Car Insurance Premium is Calculated

Want to know how car insurance premium is calculated? Want to know how much your car insurance cost would? You can use the car insurance premium calculator to find out.

The car insurance premium calculator is an online tool that is easy to use. It gives you the exact amount of car insurance premium and helps you buy the policy too.

To use the car premium calculator, you just have to enter a few details. These details are as follows –

  • The type of policy that you want
  • The make, model and variant of your car
  • The registration date of the car
  • The registration location
  • Claim history, i.e., whether you made claims in the previous years or not.
  • Available no claim bonus, if you did not make claims in the previous year
  • The add-ons that you add to the comprehensive policy
  • The discounts that you can avail

The car insurance premium calculator uses these factors in premium calculation. Here’s how these factors affect your car insurance premium –

  • Type of policy selected
  • The car insurance premium depends on the type of policy that you choose. Comprehensive car insurance plans are dearer than third party liability plans since they offer a wider scope of coverage.

  • Make, model and variant
  • The make, model and variant of the car determine the cost of the car which, in turn, affects the premium.

  • Registration date/age of the car
  • The registration date of the car indicates its age. As the car gets older, its value depreciates. That is why the car insurance premium is lower for older cars compared to newer ones.

  • Registration location
  • Registration location also has a bearing on the car insurance premium. This is because the probability of damage and the cost of repairs at metro cities is higher compared to non-metro cities. Insurers divide Indian cities into tiers and the car insurance premium is higher for cars registered in Tier 1 cities compared to those registered in Tier 2 cities.

  • Previous claims
  • The claim history is assessed when calculating the car insurance premium. This is because the claim history determines the no claim bonus which allows a premium discount.

  • Add-ons selected
  • If you choose add-ons to enhance the scope of your policy, the car insurance premium calculator would take the cost of the add-ons into consideration.

  • Applicable discounts
  • If you are eligible for premium discounts, the same would be considered and the premium would be discounted.

  • Coverage tenure
  • Lastly, the coverage tenure also affects the car insurance premium calculated. Long-term car insurance plans, like 3-year third party liability plans or bundled plans, cost a higher amount of premium compared to annual plans.

So, enter the correct details in the car insurance premium calculator to work out the premium payable for your car insurance policy either when you buy the plan or when you renew it.

Factors affecting Four-Wheeler Insurance Premium

Different factors affect the four-wheeler insurance premium. These factors are as follows

Coverage type

The four-wheeler insurance cost depends on the type of coverage selected. Different plans have different premium outgoes and what you choose affects what you pay. Comprehensive plans are more expensive than third party plans because they offer a more inclusive scope of cover.

Car type

Car type means the make and model of the car as well as its fuel version. This determines the cost of the car and the coverage that would be allowed. Lower-priced cars will have lower premiums and vice-versa. So, the make and model of the car are used to ascertain the car’s value based on which the IDV is determined and the premium is fixed.


The Insured Declared Value affects the premium directly since it determines the coverage amount. Higher IDVs incur a higher premium outgo and vice-versa.

Registration date and location

The registration date of the car indicates its age. The age indicates the depreciation suffered and the reduced value of the car. Registration location indicates whether the car is registered at a metro city or a non-metro one.

Both these aspects affect four-wheeler insurance premiums. The older the car the lower the premium. Moreover, car insurance premiums in metro cities are higher than non-metro ones.

No claim bonus

The no claim bonus determines the discount that you can get when renewing your four-wheeler insurance policy. The higher the bonus the higher the discount and lower the premium that you have to pay.


Each add-on attracts an additional premium. So, depending on how many add-ons that you choose, the overall premium increases.

Other discounts

If you claim any other type of discount under the four-wheeler insurance policy, the premium would reduce.

Coverage duration

Policies that offer long-term coverage are priced higher than policies that offer annual coverage only.

Advantages of Renewing Car insurance Online

Is it time for car insurance renewal? Renew your policy online and enjoy complete coverage against unforeseen emergencies.

Here are the advantages of renewing car insurance online –

Easy and convenient

Renewing car insurance online is very easy and convenient. You can renew the policy from the comfort of your home or office or even on the go. You don’t have to visit the insurance company’s branch for car insurance renewal. It is, thus, convenient. Moreover, no paperwork is required and you can renew in some simple steps making the process easy.


Online car policy renewal allows instant coverage. This is because the renewal is done in real time and you can enjoy instant coverage on the car.


Renewing online cuts down on the costs of physically visiting the insurance company and renewing the policy. Moreover, you can compare the car insurance quotes across different insurance companies and switch to a company offering a wide scope of coverage at lower rates of premiums.

Checking existing policy details

When you renew car insurance online, you can also check the details of your existing policy. You don’t have to store the physical documents of your policy. Simply enter the policy number and check the details of the coverage, the policy start and end dates, available no claim bonus, add-ons selected, etc.

Claiming no claim bonus

If you have accumulated the no claim bonus through previous claim-free years, you can use the bonus and claim a discount when renewing the policy.

Availing discounts

You can check and avail the eligible discounts when renewing car insurance online.

Using the premium calculator

The online mode offers the free car insurance premium calculator that helps you calculate the renewal premium instantly. You can, thus, estimate the cost of renewing the policy before you renew.

Ease of payment

Renewing online also means paying the renewal premium online. You can pay the premium through any of the digital payment modes like credit or debit cards, mobile wallets, UPI, net banking, RTGS, IMPS, etc.

Easy customization

You can add or remove add-ons at the time of car insurance policy add-ons and enjoy the desired coverage. You can also change the type of policy that you want.

Transparent process

The online car insurance renewal process is seamless and transparent. You get to know the detailed premium break-up for the coverage and the associated charges. Know more important benefits of car insurance renewal

Steps to Renew Car Insurance Policy Online from Kotak

With Kotak General Insurance, you can renew car insurance policy by just entering your existing policy number or customer ID on the page. Once your policy number/customer ID is verified, you can make the payment to renew your insurance instantly.

Want to renew your car insurance policy? Kotak makes your job easy! Kotak car insurance can be done online in a few simple steps. Read on how –

Step 1:

Visit and choose the car insurance policy that you want to renew.

Step 2:

Enter your policy number and mobile number and click on ‘Submit’.

Step 3:

Your policy number will be verified and you will be able to check the details of your existing policy. You can continue to renew renew the existing policy or make changes.

Step 4:

Pay the renewal premium and your policy will be done instantly!

Just four steps for Kotak car insurance renewal and you can get instant coverage continuation.

How to File a Car Insurance Claim at Kotak

Cashless Claim Process

Step 1: Call us on 1800 266 4545 (8 a.m. – 8 p.m.) and intimate us about your claim with the details of your policy.

Step 2: Once your claim is registered, our customer support executive will provide you with a Claim Reference Number.

Step 3: You will be required to submit the relevant documents, which may include your Driving License, RC Copy, and Policy FIR Copy, in accordance with the Policy terms and conditions.

Step 4: An arrangement will be made by us for an inspection, it will be conducted within 24 hours if a claim is reported on a working day, or the next working day if the claim is reported on a Sunday or a public holiday.

Step 5: On cashless facility confirmation, the vehicle can be repaired at a preferred network garage, on payment made directly to the garage.

Step 6: You will only be required to pay the deductible as mentioned in the policy, and the depreciation value, salvage, etc., as informed by the surveyor.

Reimbursement Process

Step 1: Call us on 1800 266 4545 (8 a.m. – 8 p.m.) and intimate us about your claim with the details of your policy.

Step 2: Once your claim is registered, our customer support executive will provide you with a Claim Reference Number.

Step 3: You will be required to submit the relevant documents, which may include your Driving License, RC Copy, and Policy FIR Copy, in accordance with the Policy terms and conditions.

Step 4: An arrangement will be made by us for an inspection, it will be conducted within 24 hours if a claim is reported on a working day, or the next working day if the claim is reported on a Sunday or a public holiday.

Step 5: The vehicle can then be repaired by the insurer followed by the payment for the same by the insurer.

Step 6: Submit all bills, payment receipt along with your policy details to us, and we will make the payment within 7 working days of completion of the documentation

List of documents required for filing a car insurance claim

  • Registration Certificate (RC) Copy
  • Policy Copy
  • Policy holder's valid ID proof
  • Drivers Driving license
  • FIR Copy (In case of theft and TP claim)
  • Duly filled Claim form
  • Any further requirements will be conveyed basis inspection

Car Insurance Glossary

Car Insurance Premium

The car insurance policy premium refers to the amount paid periodically by the policyholder to the insurance company for the coverage as per the policy.

Insured Declared Value (IDV) in Car Insurance

The Insured Declared Value (IDV) of a vehicle is the maximum Sum Insured fixed by the insurer at the beginning of each policy period for the insured vehicle. The IDV of the vehicle is to be fixed on the basis of the manufacturer's listed selling price of the brand and model as the vehicle insured at the commencement of new car insurance policy/ car policy renewal and adjusted for depreciation. If the vehicle suffers total loss, the IDV is the compensation the insurer will provide to the policyholder.

Coverage in Car Insurance Policy

Coverage is the amount of risk that is covered under a car insurance policy.

No Claim Bonus (NCB) in Car Insurance

The No Claim Bonus is the discount on the own damage portion on the premium offered to the policyholder from the car insurance company for responsible driving and not filing damage claims during the preceding policy year.

Zero Depreciation in Car Insurance

Zero Depreciation Cover is an add-on wherein the entire claim amount is settled by the car insurance company without factoring in depreciation value of the insured car. This cover is applicable to vehicles that are less than 5 years old.

Own Damage Cover in Car Insurance

Own damage cover in car insurance protects the insured vehicle against the damages caused due to accidents, and man-made and natural calamities such riots, theft, fire, flood, etc.

Cashless Claims in Car Insurance

When you get your damaged car repaired at your insurance provider's network garage, the insurer pays the garage directly. Since the policyholder does not have to handle this expense from his/her own pocket, this facility is called a cashless claim. This type of car insurance claim is growing popular day-by-day as the policyholder is not burdened by immediate cash requirement.

Comprehensive Coverage in Car Insurance

Comprehensive car insurance covers a four-wheeler against own and third-party damages. It provides financial help to the policyholder if the insured car has sustained damages due to road accidents, natural disasters, artificial calamities, theft, fire, etc., along with third-party liabilities.

Deductibles in Car Insurance

In car insurance, deductibles are a part of the claim amount you will pay from your pocket during claim settlement. The rest of the claim amount is paid by the insurance company. There are two types: voluntary and compulsory deductible.

A compulsory deductible is an amount you must pay mandatorily whenever a claim is registered. The amount of mandatory deductible depends on the cubic capacity of a car's engine. On the other hand, a voluntary deductible in car insurance is the part of the claim amount you willingly choose to pay at the time of claim settlement. You can also choose not to pay voluntary deductibles by opting for zero deductibles when you buy car insurance.

RTO- Regional Transport Office

RTO stands for Regional Transport Office and is a government body responsible for vehicle registration and issuance of driver’s licenses. Also, the RTO in each state is responsible for maintaining the database of its drivers and vehicles.

RTO OfficeRTO Office MumbaiRTO Office BengaluruRTO Office KolkataRTO Office DelhiRTO Office Chennai
RTO Office PuneRTO Office KalyanRTO Office LucknowRTO Office NoidaRTO Office Navi MumbaiRTO Office Faridabad
RTO Office AhmedabadRTO Office Andhra PradeshRTO Office Arunachal PradeshRTO Office BiharRTO Office ChandigarhRTO Office Gurgaon
RTO Office IndoreRTO Office JaipurRTO Office JharkhandRTO Office KarnatakaRTO Office PanvelRTO Office Uttarakhand

Other Quick Links

Car Insurance by Brand

Car Insurance by City

Important Blogs about Car Insurance

Car Insurance - Frequently Asked Questions

Zero depreciation cover helps you protect your car against all physical damages caused to the car without factoring in the element of depreciation. Normally the insurer accounts for depreciation on your car's parts and therefore pay you your claim only after subtracting the amount of depreciation. But, with the Zero depreciation add-on, you get claim amount without deducting the depreciation.

First foremost, you have to apply for a car insurance transfer by paying a transfer fee along with the documents mentioned below:

  • Existing Insured's consent

  • New Customer's Proposal

  • Transferred RC Copy / Sale Proof

  • Inspection of Vehicle (If request received post 14 days of transfer)

  • NCB Recovery, if any

  • Recovery / Refund of ODPA, if any

  • Transfer Fee

  • Then hand over the new policy schedule to the new policy holder.

The IDV is an important factor that decides the price of car insurance. Insured declared value is a fixed value in a car insurance policy at which your car is insured. Few factors that impact IDV are:

  • Car type:
  • The value of the car depends upon its type. Generally, there are 3 types - SUVs, hatchbacks, and sedans. You may also find sports car variants or vintage cars. The value of an SUV is higher than a hatchback; similarly, a vintage car though old, has a higher value than most new cars. 

  • Variant of the car:
  • Same cars of the same brand may have advanced features that place the car at a higher variant. The higher the variant of the car, the more the value of the car, which increases the IDV.

  • Purchase location:
  • The on-road price of the same cars varies across different locations. This change in price can change the value of the IDV of the same vehicle at different purchase locations.

  • Depreciation:
  • Depreciation is the reduction in the value of the car over the years due to general wear and tear. It is inversely proportional to the value of the car. The higher the depreciation lower is the car’s value.

  • Accessories:
  • The car accessories also depreciate over time and are also included in calculating the IDV of your car.

Your car insurance is just a click away.

  • Visit the Kotak car insurance page to get your car insurance online.

  • Click on the “Get Quote” button

  • Fill in the required details such as registration number, model, make etc.

  • Quote for car insurance will be generated basis the details submitted

  • Proceed to submit the proposer details

  • Make the payment

Car insurance policy document will be generated which can then be saved

No matter how much you pay for your car insurance, you can always get a discount on your car insurance premium with

  • No Claim Bonus on Car Insurance:
  • No claim bonus is a discount that is given to you if you have not raised any claim during the policy tenure. Retaining the no claim bonus helps you to get a higher discount every year on your car insurance renewal.

  • Security measures:
  • Installing anti-theft or security devices ensures that your car is safe from theft which in turn reduces your premium for car insurance policy.

While comparing car insurance quotes, buyers generally look for insurance policies that provide maximum coverage at the lowest premium. While this can be a factor but completely depending upon low premiums can be a big mistake. Instead, you must look at

  • The right IDV
  • Better services
  • Claim settlement ratio

Second hand car insurance is available for used cars. You can choose from a third party liability policy or a comprehensive one. Buying old car insurance is similar to buying new car insurance. You just have to go online, provide your car’s details, select the coverage that you need, add add-ons, if required and calculate the premium.

Pay the premium online and the second hand car insurance policy will be issued.

Kotak allows quick and hassle-free purchase of old car insurance. To buy old car insurance for your second hand car, you can simply follow the below-mentioned steps –

  • Visit and select ‘Car Insurance’
  • Enter the registration number of your car and your mobile number.
  • The details of your car will be displayed. If there are any changes, you can do the edits.
  • Check out the old car insurance plans available for your used car and their premium.
  • Select a suitable policy and click on ‘Buy Now’.
  • Fill up the proposal form and pay the premium online

Your policy will be issued instantly.

You should not let your car insurance lapse and renew it immediately if expired. In case you renew it after expiry, the following outcomes may follow:

If you have earned any No Claim Bonus over the last few years of the policy period, you might lose the same.

After your insurance expires, your car is not insured and that may put you and your car at considerable financial and legal risk in case of any.

Having at least third-party car insurance is mandatory by law, so in case you are charged under the law for driving without valid car insurance, you will get fined or face legal implications

On-time car insurance renewals have multiple benefits. Have a look –

  • When the policy is not renewed on time, the coverage lapses. A lapse means that the coverage stops and any financial loss that you incur is not borne by the insurance company. With on-time car insurance renewals, you can enjoy uninterrupted coverage, without a break. In the case of an accident, theft or third party liability, the coverage will compensate you for the financial loss suffered.
  • Lapsed coverage is also problematic if you are caught by traffic authorities. They might charge a fine or a penalty for not having a valid insurance coverage. With on-time car insurance renewal, you have valid coverage and you can avoid legal hassles.
  • You can retain the no claim bonus that you have accumulated through the previous claim-free years.
  • Timely car policy renewal also eliminates the need of inspection which is usually required if you renew the policy after it has lapsed.
  • Lastly, on renewing car insurance timely, you can enjoy lower premiums since insurers might charge an additional premium if your policy has lapsed and the coverage is not active.

Renewing your car insurance is crucial to ensure seamless protection. At Kotak General Insurance, the renewal of car insurance is quick and hassle-free. It is advised to renew your policy before it expires, though, even if your car insurance policy has expired, all you need to do is enter your existing policy number or customer ID on the online car insurance renewal page. Once your policy number/customer ID is verified, you can make the payment to renew your car insurance instantly.

  • To renew your car insurance policy for old cars, click here.
  • Select your desired car insurance plan
  • Enter your previous car insurance policy number
  • Enter your mobile number
  • And you can buy new car insurance for your old car

At Kotak General Insurance, we settle your car insurance claims within 7 days of submitting all your requisite documents. Also, the sooner you raise a claim, the sooner your car will get repaired and the sooner your claim will be settled.

For the car insurance claim process, you would need to 

  • Inform us about the damage
  • Submit the claim intimation form
  • Submit all necessary information
  • We will send a surveyor for inspection within 24 hours

Losing your car insurance policy may lead you to pay heavy fines, although you have one. But now, you can immediately download your car insurance policy copy from our website

  • Click on the link
  • Enter your policy number 
  • Enter your registered Mobile number
  • Or
  • Your registered email id
  • And Click on Get OTP
  • Type the OTP and click on download car insurance policy document

To get the duplicate car insurance policy offline, you will have to

  • Inform the insurance provider about the loss of papers
  • File an FIR at the nearest police station
  • Need to publish an advertisement in your state newspaper
  • Need to submit an application to your car insurance provider for duplicate papers
  • Get an indemnity bond acknowledged by the notary 

If you have lost your RC book, then you have to register a complaint with the police at the nearest police station. You must provide all the details about how and where exactly you lost your RC card. Then fill in the required forms and mention the registration number of your vehicle, model, your name and address, the chassis number of the vehicle, engine number, etc. The Regional Transport Office then provides an RC extract that can be submitted with other requested documents for filing the car insurance claim.


"Always by your side. Keeping you safe"