Car Insurance

Car Insurance Complete Guide: The Best Place To Get It

Car Insurance is also known as motor or auto Insurance. It is the general car insurance vehicle policy that protects you and the car from any risk damage or any accident occur, any thefts during the bad times. Car Insurance Policy secure you from any losses during the natural disasters and saves you from the Third Party Liabilities.

You have to comply with laws and regulation by Government for that you must the need the basic of it. There are plenty of car insurance online but you need to figure it out which is the best for you according to your choice and suitability which will be very easy for you after this article.

What is Car Insurance?

Car Insurance can be a complicated process, due to the many different types of coverage available. Buying Car Insurance can be a complicated process, due to the many different types of coverage available. For example, there are liability-only policies and comprehensive policies. Liability-only covers you for any damages you may cause to another person’s property. Comprehensive coverage, on the other hand, covers you for any damages that may occur to your car or other people’s cars in an accident that is your fault.

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There are also two primary types of deductibles: collision and comprehensive. Collision deductibles are what you pay if your car gets damaged in an accident that is not your fault – while comprehensive deductibles are what you pay if your vehicle gets damaged by any other.

There are 3 Types of Car Insurance Policy

1.) Third Party Car Insurance

A Third Party car insurance policy helps you from any legal liabilities that arises during the time of accident. During this period the owner compensates against any injury, disability, car damage or death from third party. The owner gets protection from the financial lability.

2.) Comprehensive Car Insurance

It is the car insurance policy the offers complete protection to you. The insurance not only cover the Third Party insurance also covers the protection of car and the compensation is provide by car insurance company. This Policy type also cover the damage cause by fire, theft and natural disasters.

3.) Pay as You Drive Insurance

The Insurance policy is also known as usage based vehicle insurance. It allows the policy holder to pay the insurance policy according to the kilometers which is driven by the insured car. This is the best usage for who has multiple cars. Currently This policy is not offer by many providers.

How to Purchase Car Insurance Online?

Car Insurance


You have to look for the best car insurance companies and compare car insurance those to buy car insurance online. You have to mention the car detail, your name, contact details, driving license, bank details and choose the coverage according to your need. Buying a car Insurance policy is mandatory for all the vehicles as per the Motor Act 1988. The Car Insurance companies compensate any loss occur to the car or owner during any damage happen.

  • It pay for the car damage, accident, death or any natural calamities to insurer.
  • It pays hospital expenses.
  • It reduces the Financial or legal loss the can arise from Third Party Liability.
  • It is important for the owner to compare all the car insurance policy and plan before going to purchase it.
  • Get the best car insurance policy from top car insurance providers.
  • Choose the best car insurance quotes from the cheap car insurance but for that you need to research and find what is the best for you.

How to Calculate Car Insurance Premium?

It is not difficult to track down the exceptional sum utilizing a Car Insurance Calculator on the web. Organizations compute vehicle protection expenses in the wake of considering different angles. Following variables are considered by the vehicle insurance agencies when choosing the protection expense.
Insured Declared Value (IDV) of the Vehicle
Age and Type of Car
Engine’s Cubic Capacity
Geographical Zone
Formula for Car’s IDV calculation:
IDV = Car’s Showroom Price + Cost Accessories- Depreciation on Car

Thus, the formula for calculating Own Damage Premium Amount is:

OD = Insured Declared Value X (Car Premium as per the insurer) + (Optional Benefits) – (NCB/Discount etc)

Documents Required for Filing a Car Insurance Claim

  • Duly filled claim form
  • Copy of policy complaint/FIR
  • Insurance Policy Document and Endorsement
  • Driving license
  • Car Registration Certificate
  • Fitness certificate/PUC for commercial vehicles

How to File an Car Insurance Claim Online?

Car Insurance

In case of an accidental emergency that requires immediate hospitalization, you need to inform your car insurance provider instantly. Here is a step-by-step guide to filing an online car insurance claim:

If there should arise an occurrence of a unintentional crisis that requires prompt hospitalization, you really want to illuminate your vehicle protection supplier immediately. Here is a bit by bit manual for recording a web-based vehicle protection guarantee:

  • Track of all the important data and the general climate
  • Record the time and date of the mishap
  • Contact subtleties of the individual in question, driving permit, and vehicle number subtleties
  • Take help from the traffic police
  • If there should arise an occurrence of injury to an outsider, concede the person to a close by emergency clinic
  • Get your four wheeler protection strategy subtleties
  • Contact the neighborhood police and record a FIR
  • Private the case to your individual safety net provider
  • Present the significant reports/data to the safety net provider
  • Gauge the misfortune and cost of fix
  • Your vehicle will be dependent upon review by the assessor
  • In light of a ultimate conclusion of the assessor, the case will be settled as needs be.

So, That is the Article about the Car Insurance Everything You Need to Know. We hope that you like the information for more stay updated at Motivation Wishing. Thanks! 

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