Is there a time when you were not able to pay up a premium due to which your two-wheeler insurance policy lapsed? In the past, such a situation would have left a policyholder with the frustration of renewing it. In addition, the renewal process back then was quite complicated. Thus, many people simply ignored reinstating…


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Having a car increases the mobility and decreases the dependency on public transport, but driving a car in the Indian road is quite a task. By just being careful, you cannot keep accidents and mishaps at bay. The safety of the vehicle, driver and the passengers depend strictly on the behaviour of other drivers on…

Insured Declared Value (IDV) is the amount guaranteed by the insurer in the event of a theft or total loss of an automobile. This, however, is calculated by the current market value of the vehicle and not its purchase cost. So if your car is 4 years old, its market value will be lesser than…


The economic scenario in the country has been undergoing huge ups and downs. After demonetization, it’s the ‘Goods & Services Tax’ creating the furore. Individuals operating in various sectors are already aware of GST and paying it at multiple levels. With the central government taking new initiatives and making new revisions every day, it’s high…


Many vehicle owners, who drink, are under the misconception that if they have an accident, their vehicle insurance will cover them financially and handle any expense arising. On the contrary, no motor insurance company in India covers drunk driving or driving under the influence. However, driving under the influence can have an impact on your…


There’s nothing like driving your dream vehicle and enjoying smooth rides on the city roads. However, these sweet dreams might translate into nightmares if your vehicle isn’t insured. You might be a responsible vehicle owner who has taken every measure to insure his car or two-wheeler. But, you are completely unaware of the authenticity of…


If you own a motor vehicle, there are chances that you will come across damages in your vehicle, accidents or thefts. If your vehicle is insured, then you are liable to insurance. You need to follow certain steps to get your insurance claim. Some of the important factors related to claiming your vehicle insurance is…


Most of us are unaware of the various terms that are used in car insurances. There are a large number of important terms that are used and remembering and understanding them is difficult work. To make this task easy, given below are some important terminology that will help while reading through a policy or making…


There is no doubt that buying a vehicle comes with an undisclosed rule of purchasing a vehicle insurance policy as well.  Most of us end up buying it only because it is mandatory under the Motor Vehicles Act 1988 but we need to understand that these insurance policies are for our benefit. In India, there…


Having a vehicle insurance policy is a good practice; however, having the same insurance provider for many years may not be a wise decision. It is easier to renew your policy with your existing insurance provider so that you don’t have to go through the hassles of checking out other policy providers, their advantages and…