Follow us on
TrustCapital Global Technologies

Car Insurance

TrustCapital Global Technologies

Car Insurance

Leaving with family for a weekend getaway? Just think of all the assets you possess like your home, car, jewellery and other valuables. What if you lose all of it due to some fire, theft or a natural calamity? It would be all gone even before you might think about saving it.

Car Insurance

TrustCapital Global Technologies

BENEFITS OF CAR INSURANCE

It pays for the car damages as a result of a collision, accident, death or natural calamities, which otherwise would need to be paid by the insured
It pays for hospitalization expenses in case of an accident
It reduces the financial and legal damages that can arise from a third-party liability or damage
With rider benefits like roadside assistance, zero depreciation the expenses are further reduced
Get the best car insurance policy from top Car insurers
Instant and easy online car insurance renewal process
Comprehensive coverage for four-wheeler vehicle
A wide range of Add-on covers for improved protection

Points to Consider While Selecting Car Insurance Policy

Term Insurance plans are specifically designed to secure your family’s basic financial needs in case of death or uncertainty. According to the plan, family/dependents of the life insured is/are eligible for a lump sum amount in case of death or critical illness (if applied for) of the life insured during the tenure of the policy.

What is covered
Checkout the inclusions and exclusions of both third party insurance and comprehensive vehicle insurance policy. Only buy third party insurance if you can bear your own damage expenses.
Compare Car Insurance Online
Compare car insurance online and select the one that meets most of your financial expectations. You can easily get multiple four wheeler insurance quotes online from the best car insurance companies in India.
Incurred Claim Ratio
Higher ICR, indicate satisfied customers and more the chances of your claim being settled.
Add-on Covers
It is always recommended to buy a comprehensive car policy with additional benefits like roadside assistance, zero depreciation, flat tyre assistance, etc.
TrustCapital Global Technologies

Types of Car Insurance Policy in India

There are three types of car insurance policies that are available in India –

Comprehensive Car Insurance
A comprehensive insurance policy provides coverage for third party liability as well as damages caused to your own car. In comparison with third party liability insurance, a comprehensive four wheeler insurance policy offers extensive coverage, more benefits and covers the damages caused to the insured car in case of an accident, collision, theft, etc. A comprehensive policy can be further extended by opting for add-ons like accessories cover, engine protector, zero depreciation cover, medical expenses, etc. This type of coverage is the most popular as it offers end-to-end coverage and thus less stress for the policyholder.
Pay as You Drive Insurance
Also known as usage-based motor insurance, this insurance policy allows the insured to pay the insurance premiums as per the kilometres driven. This newly introduced product likely to be helpful for those with multiple cars not all of which are used so frequently. As per the IRDA guidelines under the Sandbox project, a few insurers such as Bharti AXA, Bajaj Allianz have started offering Pay As You Drive insurance policy. The policy offers comprehensive coverage for own damage and third-party liability on a pilot basis for a term of one year. The policy seeker will have to declare the distance he/she expects to travel during a policy year and based on that premiums for Pay As You Drive policy will be decided. However, the insurers have come up with 3 slabs for distance covered -Rs 2,500 km, 5,000 km and 7,500 km.
Third Party Car Insurance
Third party insurance safeguards you from any legal liability due to your own car’s involvement in an accident. Your insurance provider will compensate you for death, disability, injury, or property damage to any third-party. Therefore, you are protected from the financial liability towards the third-party. Third-party liability car insurance prices are a mandate in India under the Motor Vehicles Act, 1988.
Open chat
Need Help?