As per the latest ruling by the Supreme Court, all two-wheelers must get a long-term third-party two-wheeler insurance policy. This means, irrespective of your bike’s age, you must purchase five-year coverage for your bike. Even if you buy a used bike or scooter, you must ensure the insurance policy stays good for the longterm. Read on to know how you can purchase a cover for your old two-wheeler: Search for a suitable plan online Research about two-wheeler insurance online and see … [Read more...]
What is the new bumper-to-bumper car insurance?
A bumper-to-bumper car insurance plan, or the zero-depreciation cover, is an add-on cover for a motor insurance policy. You can purchase it along with a comprehensive policy. The add-on cover is best suited if you own a new, or luxury or premium category car. It is also recommended for new drivers and for those who tend to take the accident-prone roads often. Why should you buy bumper-to-bumper car insurance? When you claim under your comprehensive policy, your insurer deducts the depreciation … [Read more...]
What is the Difference Between Zero-Depreciation and Return to Invoice?
Insurance for a car is an additional layer of protection. In India, third-party liability insurance is mandatory. However, it does not cover damage to your car. Therefore, a comprehensive policy will be a perfect choice. Car insurance policies have been going through a plethora of changes to benefit car owners and reduce their financial burden during different accident scenarios. You should therefore buy a suitable policy and renew car insurance within the due date. Optional covers are the … [Read more...]
Why You Should Select a Third-Party Liability Insurance for Your Bike?
Having a private vehicle helps you cut down on waiting times for public transport. What otherwise required you to plan your commute according to the public transport system, now gives you the freedom to begin your commute as per convenience. Among private modes of transport, a two-wheeler is generally preferred in an urban as well as rural setting; both for different reasons. In cities, the rising congestion makes it easy to manoeuvre through traffic snarls and save time whereas the in … [Read more...]
Driving a Commercial Vehicle? Know Why Having Motor Insurance is a Must
Many businesses have reliance on logistics for the success of their organisation. This involves movement of goods which include raw materials into for production purposes and delivering the finished product at the place of demand. With extreme long distances that are required to be covered by these transport vehicles, having a backup plan that offers protection is essential and what better than a commercial vehicle insurance? Just like your personal car requires mandatory insurance cover, … [Read more...]