NCB CAR INSURANCE
Why might an insurance company deny your claim during the monsoon?Sandeep Saraf answers A comprehensive policy does not guarantee that all flood-related damages will be covered. Multiple types of damages can occur during a flood, such as engine damage, electrical damage, interior damage due to water seepage, or gearbox damage. A normal...
12 Jun, 2024, 09.43 AM ISTUnderstanding liability in vehicle insurance: What car and bike owners should know Choosing the right vehicle insurance in India involves understanding liability coverage, comprehensive plans, and exclusions. ACKO provides tailored coverage, add-ons, and competitive pricing for comprehensive protection and peace of mind.
26 Mar, 2024, 03.59 PM ISTHow to claim no claim bonus on new car insurance If the car buyer has earned a no-claim bonus (NCB) on his previous car policy, this can be claimed on the insurance premium for the new car.
16 Oct, 2023, 06.30 AM IST- ADVERTISEMENT
How to transfer no claim bonus of motor insurance policy to a new vehicle When a policyholder purchases an insurance policy, he receives an NCB certificate, and it is now up to him whether or not he files any claims within the policy year.
07 Oct, 2023, 12.48 PM ISTLong-term Third-Party, Own Damage motor insurance cover proposed: Know proposed features, price, premium In order to allow the policyholders a wider choice, IRDAI has proposed to permit all general Insurers to offer long-term motor insurance policies — a) 3-year in respect of private cars co-terminus with motor Third Party Liability cover, b)5-year in ...
09 Dec, 2022, 11.55 AM ISTWider choice: Irdai proposes 3 years insurance cover for cars & 5 years for two-wheelers The draft proposes to permit all general insurers to offer 3-year insurance policy in respect of private cars and 5-year for two-wheelers, co-terminus with motor third party liability cover.
07 Dec, 2022, 10.13 PM IST5 things to know about no claim bonus (NCB) in car insurance NCB is linked to the policyholder and not to the vehicle. It can be switched from one car to another.
29 Aug, 2022, 06.30 AM ISTHere’s how you can make your car monsoon-ready this season Car Insurance is must this monsoon for you to avoid any financial damage due to unexpected circumstances
08 Jul, 2022, 11.00 AM ISTKnow why add-on covers are beneficial to car owners Add-on covers are designed to enhance overall motor insurance and give comprehensive coverage for damage or loss of car keys, tyres and rim, repair or replacement of consumable items and so on.
19 Jan, 2022, 01.00 PM IST10 ways to reduce car insurance premium You can bring down the premium of your comprehensive insurance not only by customising your cover, but also by being aware of several other factors. Here are some ways in which you can bring down your car insurance premium.
12 Jan, 2022, 10.13 AM ISTNew vehicle owners will have to buy these insurance covers as long-term motor policy will go from Aug 1 Customers buying new vehicles will likely have to mandatorily buy a 3- or 5-year long-term 3rd-party motor insurance for cars and two-wheelers, respectively. They also have the option to buy a standalone annual OD policy separately from any insurer.
06 Aug, 2020, 10.16 AM ISTCan NCB discount be claimed when buying motor insurance policies issued under sandbox regulations? Under the regulatory sandbox guidelines, many insurers have come up with new motor insurance policies based on the concept of how much you actually drive your car. These types of motor insurance policies can help you save on premiums significantly.
15 Jul, 2020, 10.00 AM ISTHow to use NCB of old car insurance to reduce new car policy premium The No Claim Bonus (NCB) is given to the policy owner and not to the insured vehicle. Therefore, the NCB cannot be passed on to another name. However, you can use the retained NCB (certificate is issued) when buying a new policy for your new car.
19 Dec, 2019, 10.32 AM ISTSix ways your motor insurance policy is set to change. Here's how it could affect you The Insurance Regulatory and Development Authority of India has released draft rules to revisit the current own damage product structure of motor insurance policies. Here are six key changes that you need to be aware of.
03 Dec, 2019, 10.25 AM ISTWhen not to file a car insurance claim It should be remembered that the NCB discount is only given on the 'Own Damage' portion of the total premium and not on the 'Liability' portion.
04 Jan, 2019, 10.25 AM ISTHow to choose long-term car insurance policy Post Supreme Court and Irdai orders, several long-term motor insurance policies have hit the market. Find out how to choose the best combination.
01 Oct, 2018, 06.30 AM ISTNew third-party motor insurance rules: Who pays more and what happens to NCB Following a Supreme Court order, the insurance regulator has asked all general insurance companies to offer long-term third-party motor covers.
19 Sep, 2018, 05.46 PM ISTHow to use no claim bonus while buying insurance for new car The existing car, which is eligible for NCB, must be sold either to the dealer or a third party for the NCB to be transferred to the new car.
30 Apr, 2018, 06.30 AM ISTInsurance queries: Can you transfer insurance in your name after buying a pre-owned vehicle? You may get the benefits of the NCB even if you change your insurer on renewal. A proof of NCB earned on your previous policy copy needs to be produced.
03 Mar, 2017, 11.26 AM ISTCheck your driving history before buying a car policy: Rakesh Jain, Reliance General Insurance “If you haven’t made a claim in the past few years, a zero depreciation cover doesn’t make sense,” Rakesh Jain CEO, Reliance General Insurance.
27 Sep, 2016, 11.15 AM IST