Thursday, September 20, 2018
  • Tag
  • Motor Insurance
Car owners to pay Rs 24,000 for third party insurance

INSURE

Car owners to pay Rs 24,000 for third party insurance

Motor Insurance: It Pours Claims During Monsoons

INSURE

Motor Insurance: It Pours Claims During Monsoons

Drop in motor insurance premium for smaller vehicles

PERSONAL FINANCE NEWS

Drop in motor insurance premium for smaller vehicles

IRDAI has reduced third-party premiums for four-wheelers under 1000cc and two-wheelers under 350cc

Driving the new car

INSURE

Driving the new car

Don’t let the festive season celebrations cloud your vision on important aspect of insuring your new car adequately

Can the claim be made if I have a learner's license and met an accident?

ASK

Can the claim be made if I have a learner's license and met an accident?

Under the Motor Vehicles Act, a person holding a learner’s license can drive a vehicle on two conditions

Is the motor insurance transferable or can I ask the insurer for refund?

ASK

Is the motor insurance transferable or can I ask the insurer for refund?

Both the options—transfer of insurance policy or asking the insurer to refund the premium—are available

Flood-stricken? Know what your car insurance will pay for

INSURE

Flood-stricken? Know what your car insurance will pay for

Here’s how you can navigate the maze of admissible claims and exclusions when filing car insurance post floods

How is the third party claim gets settled if he is hit by an insured vehicle?

ASK

How is the third party claim gets settled if he is hit by an insured vehicle?

It will be the third person who will make a claim for compensation against the vehicle owner

Who will get the claim amount if the car of which I am paying EMI gets stolen?

ASK

Who will get the claim amount if the car of which I am paying EMI gets stolen?

In your case the insurers will be issuing the cheque of the settlement amount in favour of the lenders only

Is it true that I can be fined if I do not have motor insurance?

ASK

Is it true that I can be fined if I do not have motor insurance?

Without a valid third party insurance you cannot ply your vehicle on the roads

Will I continue to get no claim bonus if I change my insurer?

ASK

Will I continue to get no claim bonus if I change my insurer?

If the no claim bonus is due, generally the new insurer will pass the same benefit to you

Can I cancel my motor insurance and get a refund during the policy period?

ASK

Can I cancel my motor insurance and get a refund during the policy period?

Yes, you can cancel your existing motor policy during the policy period

Is it ideal to recover the repair cost from one who banged his car into mine?

ASK

Is it ideal to recover the repair cost from one who banged his car into mine?

It would be ideal to recover the loss from the defaulting car owner