Owning a car is a great way to explore the world, but with it comes the responsibility of taking care of it. Car insurance is an important part of owning a car and helps keep it in mint condition. Car insurance provides coverage for both minor and major damages, so you don’t have to worry about the cost of repairs.
When it comes to motor vehicle insurance, many people tend to opt for the most affordable option, only to regret it later if their car is stolen, involved in an accident, or when they go to sell it. Just like any other type of insurance, purchasing motor insurance, either online or in person, safeguards the policyholder’s interests in a variety of circumstances.
Navi car Insurance is one of the top providers of car insurance in India, offering the COCODrive car insurance policy. This policy provides coverage for third-party liabilities, personal accident cover, and protection against theft and natural disasters. It also offers optional add-ons such as zero depreciation cover, engine protection, NCB protection, and return to invoice cover. Renewing your car insurance online is easy and convenient with Navi Car Insurance.
Purchasing car insurance in India is mandatory under Motor Vehicles Act. It provides financial protection in case of an accident as well as peace of mind knowing you are covered in case of any unforeseen events. Renewing your car insurance online is the most convenient way to ensure you are always covered. With Navi Car Insurance, you can easily check car insurance online and compare different policies to find the best car insurance in India for your needs.
Having a car is a great experience because it meets the needs of your family and allows you to travel whenever and wherever you want. However, you are not the only one on the road and the mistakes of other drivers can lead to an accident, even if you are a good driver.
Having Navi’s CocoDrive Comprehensive car insurance policy gives you peace of mind when driving. It protects you from any financial losses that may occur due to an accident or other unexpected events. Here are some of the key benefits of this policy:
Easy to purchase online with no paperwork
Low/no processing fee
Comprehensive coverage for all types of vehicles
Third-party liability cover
Personal accident cover
Protection against theft and natural disasters
Optional add-ons such as zero depreciation cover, engine protection, NCB protection, and return to invoice cover
Discounts on premium for no-claim bonus
Car owners need to make sure their vehicles are well-protected to have a worry-free driving experience. To do this, they should look into getting additional coverage on top of their regular motor insurance.
This extra coverage provides more comprehensive protection for their cars in case of any damages. These are called Add-ons. Navi offers a range of add-ons to help you get the most out of your policy.
Zero Depreciation Cover: This add-on provides coverage for the repair or replacement expenses of plastic, rubber, glass, and other materials which would otherwise not be covered in a regular policy.
Engine Protection: This add-on protects against flooding and other monsoon-related damages to your car’s engine.
NCB Protection: This add-on ensures that you continue to enjoy a discounted premium on your No Claim Bonus year-on-year, even after claiming during the policy period.
Return to Invoice Cover: This add-on provides coverage for up to the car’s on-road price or Insured Declared Value, in case of total loss (such as theft or a really bad accident).
Purchasing a car is a major decision in someone’s life. As a car owner, you must abide by the law and insure your car. In addition to fulfilling legal obligations, car insurance can provide you with financial protection if your car is damaged.
To receive compensation for the damage, you must submit a claim to the insurance company. It is important to know how to file a claim in case of an accident or theft. A claim request can be raised in the following scenarios:
Accident: If your car is damaged due to an accident, you can file a claim for repair or replacement of the damaged parts.
Theft: If your car is stolen, you can file a claim for the full value of the car.
Natural Disaster: If your car is damaged due to a natural disaster such as a flood or earthquake, you can file a claim for repair or replacement of the damaged parts.
You can file a reimbursement claim through Navi's website, or mobile app, or by calling their customer service number. The steps for filing a reimbursement claim are as follows:
Log in to Navi's website or mobile app.
Select the ‘Claims’ option.
Enter the details of the incident.
Upload the required documents.
Submit the claim request.
The documents required for a cashless claim are:
Duly filled claim form
Copy of the policy document
Copy of the registration certificate
Copy of your driving license
Copy of the FIR (if applicable)
Copy of the repair bill
The documents required for a reimbursement claim are:
Duly filled claim form
Copy of the policy document
Copy of the registration certificate
Copy of your driving license
Copy of the FIR (if applicable)
Copy of the repair bill
Copy of the payment receipt
Your car insurance claim can be rejected due to the following reasons:
The claim is not covered under the policy
The claim is made after the expiry of the policy
The claim is made for a pre-existing damage
The claim is made for damage caused due to an illegal activity
The claim is made for damage caused due to negligence
It is important to act quickly when filing an insurance claim after a car accident. Therefore, it is essential to be aware of the entire claim filing process.
Generally, the process is the same for most insurers, but there may be slight variations. To make sure you are familiar with Navi's process, be sure to check the website.
At the end of your policy period, your insurance company will give you a discount for being a safe driver and not making any claims. This discount is called a No Claim Bonus (NCB).
It is important for car owners because it helps to reduce the cost of Comprehensive car insurance, which can be expensive depending on the value of the car. Navi offers a no-claim bonus to policyholders.
The eligibility and payout-related details are as follows:
Eligibility: The policyholder must not have made any claims during the policy period.
Payout: The no-claim bonus is paid out in the form of a discount on the premium at the time of renewal.
This is how the NCB is calculated:
| Details | Discount |
|---|---|
| No claims made in the preceding 1 year of insurance | 20% |
| No claims made in the preceding 2 years of insurance | 25% |
| No claims made in the preceding 3 years of insurance | 35% |
| No claims made in the preceding 4 years of insurance | 45% |
| No claims made in the preceding 5 years of insurance | 50% |
When you purchase or renew your car insurance, you pay a premium to the insurance company. This premium is your receipt. It promises that the insurance company will abide by the terms and conditions of the policy, as outlined in the Policy Wordings document.
The insurance premium is an important consideration when buying or renewing a policy. It is important to find an affordable policy that provides adequate coverage, so you are not left underinsured in the event of an accident.
The Navi Car Insurance Premium Calculator takes into account a variety of factors:
the Insured Declared Value (IDV) of your vehicle
the make, model, and age of your car, your location
any No Claim Bonus (NCB) you may have from a previous policy
any additional extras you may wish to include
By inputting this information, the calculator can provide you with an accurate estimate of your insurance premium.
A car insurance premium calculator is a useful tool that can be used to estimate the cost of your insurance policy.
It helps you compare different policies and choose the one that best suits your needs.
It helps you understand the factors that influence the premium and make an informed decision.
It helps you save time and effort by eliminating the need to visit insurance outlets to compare quotes.
You can connect with Navi on the following channels:
You can call Toll Free 1800 123 0004 (From 8 am to 8 pm) for any queries that you may have
Email your queries to insurance.help@navi.com
For senior citizens, Navi has a special cell and you can at seniorcare@navi.com for priority resolution
Visit the website to register your policy-related requests.
You can walk into any of the branches or partner locations
You can also dispatch your letters to Navi General Insurance Limited 402, 403 & 404, A&B Wing, 4th Floor, Fulcrum, Sahar Road, Next to Hyatt Regency, Andheri (E), Mumbai - 400099.
The policy document contains your personal information, the policy period, and the details of the car being insured, such as the registration number, make/model, registration year, registration month, engine cc, seating capacity, and engine number. It also includes the policy number, which is necessary to submit when making a claim.
The Insured Declared Value (IDV) is the approximate current value of your car and you can choose the amount. IDV is also one of the main factors that help in calculating the car insurance premium of a Comprehensive policy.
The coverage and exclusions section explains which events are covered and which are not. The exceptions section specifies any parts of your car that are not covered under the insurance policy. Finally, the services section outlines any special offers or services provided by the insurer.
You can download your Navi Car Insurance policy online using your policy number. The steps are as follows:
Log in to the Navi Car Insurance website or mobile app.
Select the ‘Policies’ option.
Enter your policy number.
Download the policy document
It is essential to keep your car insurance policy safe throughout the duration of the contract between you and the insurance company.
You can easily obtain a duplicate copy of your car insurance policy if you know where to look. You can request a hard copy or physical copy of your insurance policy by calling Navi's customer service number provided above.
If you need to make any modifications to your insurance policy document, such as updating your contact details, changing the coverage, or adding a feature, you must contact the customer service team and provide the necessary paperwork.
Once the changes have been accepted, they will be reflected in the policy document. Therefore, it is recommended that you write an email to insurance.help@navi.com to inform them of the changes you would like to make to your policy.
Additionally, it is important to stay up-to-date with all documents related to compliance, including your car insurance policy, in order to ensure that you are in compliance with all regulations.
Renewing car insurance is much easier now. You can do it quickly and easily with just a few clicks.
Navi provides a convenient and straightforward renewal process for existing car insurance policies. The policy can be renewed up to 45 days before the expiry date.
The process is simple and can be done online. Renewing an existing car insurance policy with Navi Car Insurance offers the following advantages:
No need to fill out paperwork
No inspection is required
No medical tests are necessary
No additional charges
No waiting period
If you are searching for a comprehensive car insurance policy, Navi is the ideal option. Their COCODrive car insurance policy provides you with a complete sense of security while you are on the road.
You can also conveniently check car insurance online and compare different policies to find the best car insurance in India that meets your requirements.
Third-party car insurance is a legal requirement for anyone driving a vehicle on Indian roads. It is the most basic form of insurance and provides coverage for injuries or damages that occur to a third party and their vehicle or property. It does not, however, provide any protection for the policyholder or their vehicle.
In case you have an accident, you must tell your insurance company right away. They will send someone to check the damage and work out how much it will cost to repair the other person’s property. After this, the insurance company will pay the cost of the repairs, which will help to reduce the financial burden on you.
Navi offers a good third-party car insurance policy that can provide peace of mind and financial security in the event of an accident.
Third-party car insurance provides coverage for the following:
Injuries and death of a third party, including medical expenses and loss of income due to disability or death
Damage to a third party’s property, including repair or replacement costs
Legal liability for the third party, including legal fees and court costs
Note: Insurance companies do not decide the cost of Third-party Car Insurance policies. The IRDAI (Insurance Regulatory and Development Authority of India) sets the rates for these policies.
These rates may or may not change from year to year. All car insurance companies have the same rates for Third-party Car Insurance.
The premium for your motor insurance policy is determined based on various factors such as the Insured Declared Value (IDV) of your vehicle, the make, model, and age of your vehicle, and the additional coverage you wish to add.
IDV stands for Insured Declared Value. It is the current market value of your vehicle that an insurance provider will provide in the event of total damage or theft.
Buying car insurance online is the most convenient option as it saves you time and money. Online motor insurance policies are usually cheaper than offline policies.
No Claim Bonus or NCB is a reward in the form of a discount that your insurance company gives you for not making any claims during the policy period.
Yes, you can switch to a new motor insurance provider and retain your NCB.
Navi Car Insurance offers a no-claim bonus to policyholders who do not make any claims during the policy period. This bonus is paid out in the form of a discount on the premium at the time of renewal.
To make changes to your policy document, you will need to contact the customer service team and provide the necessary documents. The changes will be reflected in the policy document once they are approved.
Yes, it is essential to transfer car insurance when selling a car. It is because the information in the car’s registration documents must match the details in the insurance policy when making a claim.
Car insurance premiums are typically calculated by insurance companies based on the make, model, age, add-ons, and registration area of the vehicle.
You can quickly get an estimate of your car insurance policy by going to Navi's official Website.