Shimla, the capital of the Himalayan state Himachal Pradesh, is the largest city in the state. It is an educational, cultural, and commercial hub. Shimla attracts millions of tourists each year.
However, due to snow, the roads often become unpredictably slippery. Moreover, the increasing traffic and tourism make the city more accident-prone during peak seasons.
Such car accidents can lead to financial losses and severe injuries. A car insurance policy offers shields the car owner from sudden financial loss due to accidents on the road.
Furthermore, in India, third-party car insurance is mandatory. In today's digital age, you can easily check your car insurance online or opt for a car insurance renewal online.
The price one pays for car insurance must match the benefits offered. Therefore, it is not easy to choose a car insurance policy. Additionally, the best car insurance policies may not always be the cheapest.
If you are looking for the best car insurance in India, the car insurance price has to align with the coverage offered. To help you choose the right car insurance, we have outlined some recommendations after considering some crucial factors such as the company's reputation, customer service, and claim settlement process.
After considering said factors, we have listed the top 5 car insurance policies available in the market, based on price, inclusions, and ease of claims process. All these companies are renowned and easy to reach.
These prices are for a Hyundai Elite i20 manufactured in 2019 that is petrol-based, has 1200 cubic capacity, can seat five people at a time, and is registered under Shimla RTO.
|Cheapest Companies||IDV (in ₹)||Premium (in ₹)|
The policy by IFFCO-Tokio covers damages to your car on the road, due to natural disasters, and even theft.
Similarly, for the same benefits, Tata AIG offers ?3,00,000 for a premium as less as ?5834.
Liberty General provides ?3,02,586 for a premium of ?6145. Bharti AXA provides ?369965 IDV value with ?7084 premium.
However, Bharti Axa has an attractive rebate with car insurance renewal online, making the policy cost less in the long run.
Here are some tips to get the best car insurance in Shimla at a low rate:
Search and compare: The best way to find affordable car insurance is to look around and compare quotes from different insurance providers. One can use online comparison tools to compare rates and coverage options.
Choose the right coverage: One should select a coverage plan that suits their needs and budget. While opting for a basic coverage plan might seem cheaper, it may not cover adequately in case of an accident. Evaluate the needs and choose the coverage that provides the right balance of protection and affordability.
Opt for higher deductibles: Choosing a higher deductible can significantly lower your premium. However, make sure to have enough savings to cover the deductible in case of an accident.
Look for discounts: Insurance companies offer various discounts to attract customers, such as a good driving record, safety features in your car, and low annual mileage. Check with the insurance provider for discounts that you might be eligible for.
Maintain a good driving record: A good driving record can help you qualify for lower insurance rates. Avoid accidents and traffic violations, and drive responsibly.
Renew your policy on time: Renewing your policy on time can help you avoid late fees and also qualify you for a loyalty discount.
Remember, while looking for low rates, one should not compromise on the quality of coverage and the reputation of the insurance company. Choose a reliable insurer with a good track record of customer service and claim settlement.
Here are the steps to fill up a reimbursement car insurance claim:
Contact the insurance provider: Inform your insurance provider about the accident or damage to your car as soon as possible. They will guide you through the claim process and provide you with the necessary information.
Fill up the claim form: The insurance company will provide you with a claim form. Fill it up with accurate details of the accident or damage to your car. Include all the necessary details such as the date, time, location of the accident, and the extent of the damage.
Submit supporting documents: Along with the claim form, submit all the supporting documents, such as a copy of your driver's license, vehicle registration certificate, insurance policy document etc.
Get your car inspected: The insurance company may require an inspection of your car before processing your claim. Arrange for an inspection as per their instructions.
Wait for approval: The insurance company will review your claim and determine if it is covered under your policy. If your claim is approved, they will provide you with the reimbursement amount as per your policy coverage.
To apply for a car insurance policy in Shimla, you need to provide the following information and documents:
Personal Information: You need to provide your personal information such as your name, age, gender, and contact details.
Vehicle Information: Provide the make and model of your car, its year of manufacture, engine capacity, and vehicle identification number (VIN).
Driver details: Your driving details include your driving license number, the date of issue, and the expiration date. You also need to provide your driving history, including any past accidents or traffic violations.
Policy coverage: You need to choose the type of policy coverage that suits your needs and budget.
Supporting documents: You need to submit a copy of your vehicle registration certificate, pollution under control (PUC) certificate, and previous insurance policy document (if any).
Payment: You need to pay the insurance premium as per the coverage selected.
Here is the list of documents required for applying for car insurance in Shimla:
Vehicle Registration Certificate (RC)
Pollution Under Control (PUC) Certificate
Previous Insurance Policy (if any)
Identity Proof Of Nominee
Images of both the Car Owner and the Nominee
According to the Motor Vehicles Act, in India, third-party car insurance is mandatory to drive your car in public places in Shimla.
The best insurance policies vary according to individual demands. Accordingly, look for car insurance expert agents with zero commission, like Park+.
Yes, you can consult a car insurance expert to choose the car insurance that best suits your needs.
A bumper-to-bumper car insurance or zero depreciation is an add-on available for car insurance policies on payment of an extra premium.
If you are caught driving without a valid car insurance policy, you can be fined up to ?5000 and/ or up to 3 months of imprisonment or both.
Yes, according to the Motor Vehicles Act, car insurance taken in Shimla is equally valid anywhere in India.
Yes, regardless of whether you have bought it online or offline, car insurance policies provide the same benefits.
Yes, online car insurance renewal online is 100% safe like any other online transaction. You just need to take the basic precautions (like any other online payment) when paying.