Usually, opting for comprehensive car insurance is better than third party insurance but it will incur a higher premium.
As per Motor Vehicles Act, it is mandatory for both parties to transfer car insurance policy within 14 days from the date of purchase.
If you have added new accessories or modified your car during the policy period, you need to inform your insurer before the insurance is renewed.
Comprehensive insurance protects the rider against any own damage to the vehicle in addition to potential third party legal liabilities.
In its August 4 order, the HC asked for “bumper-to-bumper” insurance to be made mandatory on all new vehicles sold after September 1.
Most insurance companies in India provide a grace period of 90 days during which you can renew your car insurance policy.
If you don’t want to spend much on car insurance and need it merely to fulfil the legal prerequisites, a third-party cover is an ideal choice
Car insurance: A car insurer may decide to inspect the vehicle before renewing its insurance policy if it has not been renewed for a long time.
As per the Motor Vehicles Act 1988, any car plying on public roads has to mandatorily be covered by a third-party cover, if not comprehensive policy
With zero-depreciation cover, you will get maximum reimbursement during the time of claim.