Bhubaneswar is the capital city of the Indian state of Odisha, known for its ancient temples, rich culture, and modern infrastructure. Owning a car in Bhubaneswar can be a convenient way to navigate the city, especially with the well-maintained roads and highways connecting various parts of the city. However, with the increasing number of vehicles on the road, accidents and mishaps are becoming more common. This is where having car insurance becomes crucial.
Car insurance is not only mandatory by law in India, but it also provides financial protection against damages or losses caused to your vehicle due to accidents, theft, natural calamities, or any other unforeseen circumstances. It can also cover your liability for third-party damages or injuries caused by your vehicle. Hence, having car insurance in Bhubaneswar can provide peace of mind and protect you from hefty expenses in case of any unfortunate incidents.
Several insurance companies in Bhubaneswar offer competitive car insurance policies. Here are some of the top options based on their price, inclusions, and ease of claims process:
HDFC ERGO Car Insurance
ICICI Lombard Car Insurance
New India Assurance Car Insurance
Bajaj Allianz Car Insurance
Oriental Insurance Car Insurance
If you're looking to get a car insurance policy in Bhubaneswar at a low premium, here are some tips that can help:
Compare quotes -
One of the best ways to get a car insurance policy at a low premium is to compare quotes from multiple insurance providers. You can use online comparison tools to compare policies and prices offered by different insurers and choose the one that fits your budget and requirements.
Choose the right coverage -
Opting for a lower coverage level can reduce your insurance premium. However, make sure to choose the coverage that you need to ensure adequate protection for your vehicle.
Increase deductibles -
You can lower your insurance premium by increasing the deductibles on your policy. Just make sure that you can afford to pay the deductibles in case of a claim.
Install safety features -
Installing safety features like anti-theft devices, GPS trackers, and airbags in your car can help you qualify for discounts on your insurance premium.
Drive carefully -
Maintaining a good driving record can help you get a lower premium on your car insurance policy. Avoid accidents and traffic violations, and drive responsibly.
Avail of No-Claim Bonus (NCB) -
If you haven't made any claims on your car insurance policy in the previous year, you can avail of a No-Claim Bonus from your insurer. This can help you get a lower premium on your policy renewal.
Filing a car insurance claim is an essential process that allows policyholders to receive compensation in case of accidents, theft, or damages to their vehicles and help you avoid any delays in the process and ensure that they receive the compensation you are entitled to.
To file a car insurance claim in Bhubaneswar, you can use any of the following avenues:
Customer Service Helpline
Here are the general steps to file a reimbursement claim:
Contact your insurer as soon as possible and provide them with the necessary details regarding the incident.
Submit all the required documents, including the claim form, FIR, driving license, registration certificate, etc.
If required, arrange for a survey of the damaged vehicle.
After the survey, the insurer will process your claim and send you an approval letter.
Once the claim is approved, you can get your vehicle repaired at any of the network garages of the insurer or any other garage of your choice.
The insurer will then reimburse you for the repair costs.
To apply for a car insurance policy in Bhubaneswar, you will need to provide some basic information and documents. Here are some of the essential requirements:
Vehicle Details: You will need to provide the make, model, and registration number of your car. Additionally, you will also need to provide the manufacturing year of the vehicle.
Personal Details: You will need to provide your name, address, contact number, and email ID.
Driving License: You will need to provide a copy of your valid driving license.
Registration Certificate: You will also need to provide a copy of the registration certificate of your vehicle.
Previous Insurance Policy: If you are renewing your car insurance policy, you will need to provide a copy of your previous policy document.
No-Claim Bonus (NCB) certificate: If you are renewing your policy and have accumulated NCB, you will need to provide a certificate for the same.
ID Proof: You may also need to provide additional documents such as a copy of your Aadhaar card, PAN card, or passport.
The documents required for applying for car insurance in Bhubaneswar are:
Vehicle Registration Certificate (RC).
Valid Driving License.
Aadhaar card or any other Government-approved identity proof.
Address proof (any utility bill, Aadhaar card, passport, etc.).
Previous insurance policy documents (in case of renewal).
Vehicle inspection report (in some cases).
No-Claim Bonus (NCB) Certificate (in case of transferring the policy from another insurer).
It is always advisable to check with the insurance provider regarding the specific list of documents required, as it may vary, based on the type of policy, vehicle, and other factors.
Answer: Third-party car insurance is a type of car insurance policy that covers damages or injuries caused by the insured vehicle to a third party. It is mandatory by law in India to have at least third-party car insurance.
Answer: Comprehensive car insurance covers damages or loss to the insured vehicle as well as third-party liability, while third-party car insurance only covers damages or injuries caused by the insured vehicle to a third party.
Answer: IDV (Insured Declared Value) is the maximum amount that an insurance provider will pay in case of total loss or theft of the insured vehicle. It is the market value of the vehicle at the time of policy renewal.
Answer: No Claim Bonus (NCB) is a discount offered by insurance providers to policyholders who have not made any claims during the policy period. It is a reward for safe driving and can be accumulated over the years.
Answer: Car insurance policies can be renewed online through the website or mobile app of the insurance provider. One can also visit the branch office of the insurance provider.
Answer: Yes, a car insurance policy can be transferred to another person in case of vehicle ownership transfer. The new owner has to apply for the transfer of the policy within 14 days of the ownership transfer.
Answer: The time taken to settle a car insurance claim depends on the nature of the claim, the documentation process, and the response time of the insurance provider. It usually takes around 7-10 days.
Answer: Yes, add-ons like zero depreciation cover, engine protector, roadside assistance, and more can be purchased along with the car insurance policy by paying an additional premium.