Brand new Car
Yes, car insurance is mandatory in India. It is compulsory to have at least third-party coverage to protect the policyholder from third-party loss or damages due to an accident.
Key cover or key replacement cover is an add-on coverage to the comprehensive car insurance policy. The insurer will reimburse the insured, up to the insured amount specified in an insurance policy for purpose of replacing the insured car key if the key gets lost or damaged, or stolen.
Comprehensive car insurance protects your car from any unfortunate damage and losses due to accidents, fires, collisions, etc.
Third-party coverage is mandatory for all vehicles in India, irrespective of their age. So, you must renew your car insurance every year.
Yes. Additional LPG/CNG kit in your car constitutes a material change in the car and hence the same must be intimated to us immediately.
The next slab of an NCB will be allowed in the new car policy of your new insurer. This is subject to a no-ownership transfer, no claim in the previous policy, and the previous policy has been active for the entire tenure of 1 year. You can compare quotes and benefits of purchasing the best car insurance policy with the advantage of NCB.
Car inspection is required in case your car insurance policy has lapsed. An inspection helps the insurance company to identify damages if any.
There is no limit to the number of add-on covers you want to buy with your policy.You can buy any number of add-on covers.
You can either transfer the policy to a new owner or can cancel it if you have sold your car.
Yes, you can renew your existing car insurance policy from another insurer of your choice.
IDV stands for Insured Declared Value, which is the total value of an insured bike determined by the insurer in order to compensate the policyholder in the event of irreparable damage or total loss due to an unforeseen occurrence or theft. Find out more about IDV here.
NCB stands for No Claim Bonus. NCB is a reward for each claim-free year. This reward is in the form of a discount on next year’s own damage premium. Find out more about NCB here.
Addon covers such as zero depreciation cover, return to invoice cover, tyre protector cover, NCB retention cover and more are available with Universal Sompo. You can buy car insurance addon covers by paying a little extra premium amount. Our experts at Quickinsure will help you select the addon plans that suit your needs. Get in touch right away!
Engine protector add-on cover gives you coverage for damages incurred by the engine of your vehicle due to leakage of lubricating oils, water ingression, or failure of the engine due to an attempt to start a wet engine, etc. Read more about the benefits of the engine protector cover.