Compare and Save

It is always important to compare the premiums of various insurance companies against benefits offered before buying an insurance policy

Why should you compare insurance policies before buying…

The Premium rates of different insurance companies will vary for the same vehicle and such premiums offered by companies could vary with time.

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No Claim Bonus (NCB)

No Claim Bonus (NCB) is the benefit accrued to an insured for not making any claims during the previous policy period.

No Claim Bonus (NCB) is the benefit accrued to an insured for not making any claims during the previous policy period.  As per current norms in India, the discount ranges from 20% on the Own Damage premium (and not on Liability premium) and progressively increases Year on Year of no claim to a maximum of 50%.

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Cover for Legal Liability to Paid Driver

This cover is required if drivers are hired or employed to drive your car. There is a legal liability for the owner a car to protect such paid drivers during their working hours under the workmen compensation act/fatal accidents act/common law.

This is not an automatic cover in comprehensive car insurance policies. It is an optional cover for which, you have to pay additional few hundred rupees if you are likely to use paid drivers.

Even if you prefer self driving, you will not know when you will be necessitated to hire a driver. So, it always makes sense to add this cover to your car insurance policy.