Not exact matches
After the
car insurance renewal date, any type of claim made isn't entertained
by the
insurance company, since the insured does not hold a valid
insurance policy.
If your
car is not in use after a period of 28 days and you suspend the
insurance by returning your certificate and disc to your insurer, you will receive a pro-rata refund of your premium paid at the last
renewal date for the period of suspension (subject to possible administration fees) based on the time your
car is out of use.
By not making claims on
car insurance online plans,
car - owners can avail NCB which can be used to lower
car insurance premium on their
car insurance renewal.
It is also possible to enhance the existing coverage of online motor
insurance in India on online Four Wheeler
insurance renewal by paying additional premium on
car insurance policy.
The only difference is that you pay around Rs. 15,000 as
renewal premium for a
car worth 5 - 6 lakhs whereas in case of Term
Insurance you can get a cover for Rs. 1 crore
by paying the same premium amount.
Those who are happy with the
renewal quotes offered
by their existing
car insurers and hence do not compare quotes offered
by other
insurance companies, often lose out on the chances of bringing down their
car insurance renewal costs.
Even it means spending extra time and money, it is vital to have your
car inspected
by an authorised surveyor or mechanic during
car insurance purchase as well as
renewal.