What is Insured Declared Value (IDV)

What is Insured’s Declared Value (IDV) in Motor Insurance? You Should Know

If you have a comprehensive motor insurance policy then you must be aware of Insured's Declared Value (IDV). It is the maximum sum assured of your vehicle in your motor insurance policy. This is...
What About Motor Insurance Claim if there is an Outstanding of the Loan

What About Motor Insurance Claim if there is an Outstanding of the Loan?

What about motor insurance claims if there is hypothecation on your vehicle? A car loan or two-wheeler loan is a secured loan. In this case lender pay the fund to purchase the vehicle. That’s...
About motor insurance in india

A Brief Introduction of Motor Insurance in India: Benefits of Motor Insurance

Motor Insurance is a very important product and we should know about it. Either you or me both are having risk while driving any motor vehicle on the road. Nobody is 100% safe on...
How to cancel motor insurance policy

How to Cancel Motor Insurance Policy in India? Is it Possible to Get Refund

If you want to cancel the motor insurance policy then you can do it on some conditions. But you should think double before cancellation of your two-wheeler or private car insurance policy. Having a motor...
Why you should cancel your RC in case of Total Loss

Why You Should Cancel Your RC in Case of Total Loss: Motor Insurance

Do you know that you should cancel your vehicle Registration Certificate in case of total loss? If yes, it is very good. I appreciate it. But if you don't know then you must be...
List of motor insurance companies

List of Motor Insurance Companies in India: Car Insurance

It is very important that you purchase the best insurance policy for your car because you don’t want any kind of stress at the time of claim settlement. Here are brief details of some...
Endorsement

What is an Endorsement in Motor Insurance: Types & Process

You should be aware that each and every detail in your motor insurance policy should be correct also. If you have any incorrect details in your policy then your claim may be delayed or...
Safety precaution while using Ola and Uber

What Safety Precautions You Should Take While Using Ola or Uber Cab?

I have used a cab many times in Delhi. In my experience, there are many things which we need to take care of. On the basis of my observation, news, and other's experience also,...
Floater motor insurance

What is Floater Motor Insurance Policy in India? How it Works

Suppose you have three cars and you are running motor insurance for all of these. The date of the renewal of all the cars is different. In this case, you may have to remember...
Electric vehicle insurance

Electric Vehicle Insurance in India: Introduction

Electric vehicle insurance is not an unknown thing now. In June 2019, IRDA also announced third-party premium for the electric vehicle. Currently, there are very few electric vehicles are available in India. However, the...