Tips To Reduce Your Car Insurance Premium

By Policybachat. Posted on November 3, 2014

Giving in to the long pending demand of the general insurance companies, the Insurance Regulatory and Development Authority (IRDA) of India has hiked the third party car insurance premium by 10-65% across private and commercial vehicles with effect from April 25, 2011. The insurance regulator has also agreed to the industry demand of annual review […]

Zero Depreciation Car Insurance Policy Allure Car Owners to Optimize Benefits!

By Policybachat. Posted on October 31, 2014

Introduced in the year 2009, “Zero depreciation car insurance” has picked up pace in the Indian insurance market briskly. It was launched immediately after IRDA gave the insurance companies the flexibility to modify standard motor insurance policies. This is also referred to as “Bumper to Bumper” car insurance policy, which is alluring the attention of […]

Things to know while checking quotes for online motor insurance

By Policybachat. Posted on October 28, 2014

In India, since law makes it mandatory to insure your vehicle under the Indian Motor Vehicle Act., 1988, you must make sure that the policy optimizes all your requirements. Hence, it is of utmost importance to determine your needs before buying car insurance online in India. It’s a good practice to list down all your […]

Hike in third party car insurance costs from 1st Apr 2014

By Policybachat. Posted on October 21, 2014

IRDA have revised third party car insurance costs, which got effected from 1st of April 2014. Third party car insurance policy is mandatory in India, which was enacted by Motor Vehicles Act, 1988. The prices of third party car insurance have gone up by approx. 20% for private vehicle and 10% for goods carriers in […]

Dos and Don’ts of Car insurance policy

By Policybachat. Posted on October 13, 2014

With increasing number of vehicles purchased and driven on roads, every day brings new challenge for drivers to come home safely. Same does happen with the family members back at home, they remain worried about you, till the time you don’t reach home. It is really important to purchase car insurance policy while buying a […]

Tackling a Hit and Run case

By Policybachat. Posted on October 13, 2014

Indian roads are highly vulnerable to accidents due to various reasons like congested roads, reckless driving, poor quality road surfaces, scarce traffic management resources, lenient policy for issue of driving license etc. Over populated Indian road claims one life per three minutes through accidents. Though most of these accidents are covered by a motor insurance, […]

Depreciation on parts for partial loss claims in Car Insurance

By Policybachat. Posted on October 9, 2014

In 2013, IRDA brought some major changes in car insurance policy, which gave some more freedom to car owners. Earlier some coverage was not taken care of by a car insurance policy, which was included through this new IRDA order. These were expenses like cost of painting, which was not compensated by car insurance earlier, […]

Drive safe and comfortable with Car Insurance policy

By Policybachat. Posted on October 6, 2014

A premier tyre company advertisement says “Road is full of idiots”, which is true in terms of Indian roads. For countering the financial glitches associated with driving, like fatal accidents or in case of theft or other damages, Government have made third party car insurance mandatory on purchase of cars. Car insurance secures your car […]