GENERAL INSURANCE BLOG

Owning a car is not an easy task. You need to check the car features, mileage, prices, road safety, inner functionalities, maintenance, and servicing are a few things on a very long list. And one of the most critical points on this list is insurance. It would be best if you keep up with the premiums and renewal dates. Not everyone has sufficient information about insurance before they purchase it. This is why you must gather all the pointers from your insurance provider or agent before exploring your options.

Are you looking to purchase insurance and trying to understand the options? Are there any differences based on the type of car you own? Well, this blog is all about how different types of car engines impact insurance costs and will help you gain better insights about car insurance before you get one or switch your insurance policy.

1. Let’s discuss different engine sizes:
A car engine has two main parts: a few cylinders and a piston. And as we are aware of the combustion process where the fuel goes through the burning process in the cylinder. This provides sufficient energy for the piston to function, and through various connected mechanical systems, the generated power helps you drive the car.
Car engines are segregated according to the fuel volume of the cylinders. They are classified as under 1.0-litre, 1.0 to 2.0-litres, 2.0 to 3.0-litres and 3.0-plus. Diesel engines have a similar classification, except there will be no car with a less than one-litre engine capacity.

2. How do different engine sizes impact your insurance costs:
The power of your car majorly depends on the size of your engine. If your vehicle has a big engine, it is considered powerful. And this ultimately means that your car insurance will come under the higher tab/group. And if your insurance group is on the higher end, your insurance is bound to be expensive in most cases.
Exceptions to the size point discussed above are cars with turbocharged engines. These engines are extremely powerful and packed. Hence, they are smaller in size. A machine with a one-litre capacity today will usually be turbocharged. But since it provides a power-packed performance, the turbocharged engines are expensive, which raises the price of your insurance too. However, check with your car insurance company if your policy covers turbocharged engines.

3. What does it mean to have a powerful car:
Chances are that if your car comes under the category of powerful vehicles, it has an engine that delivers high and fast performance and reaches top speeds within seconds. Thus, there is a prediction that the thrill might make you more vulnerable to road accidents, making your car more prone to damages you will claim on your insurance policy.
This cycle raises the price of your insurance because the compensation for your claims about your powerful car will be bigger too. A similar process goes with expensive cars. The fancy technology, the sky-high prices, and the threat of your expensive vehicle getting stolen push the cost of your insurance.

But other factors are involved in determining your insurance and premium prices, including your driving history. Look for the best car insurance company in India that provides premiums and benefits perfectly matching your requirements.

And while we are discussing car insurance, claims, and premiums, you need to understand the importance car insurance holds. Especially if your car ends up being part of an accident or unfortunate circumstances, insurance will come in handy to keep you financially stress-free. At the same time, you focus on getting your vehicle fixed and resolving the situation. So, you must purchase your car insurance from the best car insurance company in India.

Click HERE to learn more about the benefits of the best car insurance company in India.

Disclaimer: The information provided above is for illustrative purposes only. To get more details, please refer to policy wordings and prospectus before purchasing a policy.

We all have noticed that whenever a brand launches its new car, there are different versions/variants. These variants have additional features and are placed at different price ranges. The base model is set at the starting price, while the top model takes away the cake by being priced higher. But why do these companies launch variants of the same car model and provide different features?

While purchasing a car, you need to look at various resources to educate yourself about different brands and their cars, your budget, the features you want, and the type of car you want. Are you finding it difficult to arrive at a final decision about which car you want to buy? Or have you finalised the model of the vehicle but are confused about the variant? Here's our guide. This blog will answer this question and provide sufficient information to make an informed decision.

1. There are multiple versions of a car. Why?
Car manufacturers have been creating different versions of a car. The term" variant" refers explicitly to a specific vehicle version. Car manufacturers prefer this method to market their products and distribute the needs of different sections of people. This way, they attempt to persuade their target audience for a particular vehicle and are forced to buy a variant on the upper end from what they initially set out to purchase. The distribution of features is finely done, targeting to expand the car's sales potential.
There is absolutely no fixed number of variants when it comes to the automobile industry. Car manufacturers can launch any number of variants of the same car model and tweak the features strategically to lure in the customers. The variants usually depend on the popularity of the car model, the brand, the consumer loyalty and the brand's reputation and accountability, etc.

2. The number of different features you should look for.
As we discussed earlier in the introduction, other parts in the variants of a car model lead to the difference in the price range. And these price ranges determine which car is under your budget and more accessible to you. But what are some of the features you as a customer should be on the lookout for?

Interior material:
There might be differences in your car's interior from the model in the high ranges. You will notice differences between the seat cover of the variants, and the personalisation options provided might seem limited too if you compare with the cars on the higher end.

Safety always comes first:
Every car today usually comes with several airbags, increasing as you go towards the higher-end variants. Apart from that, many safety features are incorporated into all vehicles in the current times. But the level of safety aids might differ in the car variants and models. Base level cars provide the standard features while vehicles in the higher end comes with premium safety features, which creates the allurement in the market.

Other determining features to look forward to are engines, fuel efficiency, mileage, navigation systems, and other technologies. So, take a wise decision to decide between the different versions of the same car that fits your budget and requirements. The prices are rising, and there seems to be no relief anytime soon. Therefore, in unpredictable times, you need to safeguard your crucial assets like cars with insurance.

Purchase car insurance to ensure you are one step ahead and can focus on resolving the situation. Also, remember, as there are different models and variants of cars available in the market, there are several car insurance options with different prices. You must determine the best car insurance price in India and invest in a comprehensive coverage plan.

Click HERE to learn more about the best car insurance price in India.

Disclaimer: The information provided above is for illustrative purposes only. To get more details, please refer to policy wordings and prospectus before purchasing a policy.

Many people love riding motorcycles. It's fun, daring, and adventurous. Whenever we talk about bike fanatics, we imagine a young adult riding a motorcycle with cool bike gear, taking a long trip in an aesthetically beautiful location. But, are motorcycles only for the youth?

Senior citizens also love riding bikes. But when it comes to the type of bikes they should go for, you must take care of certain factors given their age, mental conditions, body, fragility, accidental risks, road conditions, driving skills, etc. Are you looking for advice on how to help the seniors in your family take up their hobby while ensuring they stay safe? This blog will provide tips for choosing the right motorcycle for seniors. Let's dive in.

1. Ensuring the body to be fit to ride:
The number of senior citizens' road accidents has been rising worldwide. They are likely to get seriously injured or even die in bike crashes. Senior citizen accidents rose by almost forty percent, and the leading causes are a lack of protective gear like helmets, driving at high speed, and drinking and driving.
All these three reasons are against the road safety regulations, and one must consider this before getting a bike for the senior member of their family. Some other reasons for aged people to be prone to road accidents include vision impairment, sensory delay, reduced reaction time, balance and alignment issues, reduction in brain size, weakness, lack of bone strength, etc.
One must keep these factors in mind before you help the senior citizens hit the road on their own. If there are any such issues, you need to ensure their safety and consider the best options like accompanying them on the exact vehicle, being around whenever they drive, setting limitations of driving if the senior member is comfortable with it, etc.

2. Picking the right motorcycle and getting back to practising:
First and foremost, you must consider all possibilities and risks before going out to get a bike. Safety comes first. You need to purchase a motorcycle that suits and prioritises their driving skills, size, handling capacity, and security.
Some things you need to take care of include their height and weight, which have changed over the years and are still variable. Their size should be enough to operate all the controls and set their foot on the ground so they can control the bike whenever there is a sudden need. Their weight also should be able to handle the body and design of the bike. The weight of the senior member would determine their ability to manoeuver the bike quickly and efficiently. So, you need to ensure that you get a lightweight bike for them so that they can operate and balance it easily, even on uneven terrains. Maintaining bike control is essential for yourself and others on the road.
If not, it can potentially cause dangerous accidents leading to severe consequences. And last but not least, you need to help them plan their itinerary if they choose to go for a trip, and help them practice in a nearby area with decent roads, which would also help a beginner.

Those were some of the best tips for choosing the right motorcycle for seniors. The senior family members have the right and freedom to live their passion of biking and enjoying their retired life. If you are an older person, then just follow the above tips and encourage yourself to set out on short leisure rides or long adventurous trips.

But during any of these daily or weekend activities, the unpredictability on the road is always a concern. So, to ensure that even if you end up in difficult circumstances which can potentially cost you a hefty amount, you should buy the best two wheeler insurance in India to ensure that you focus on getting your ride fixed instead of fixating and worrying about finances. Get your gear, wear your helmet, and get ready to hit the road again!

Click HERE to know more about the best two wheeler insurance in India.

Disclaimer: The information provided above is for illustrative purposes only. To get more details, please refer to policy wordings and prospectus before purchasing a policy.

If you are suffering from health issues and other illnesses, health insurance is crucial in covering the expenses for treatment and medicines. A safety net in the form of health insurance can take a significant load off yourself and your family. However, it can be nerve-wracking if your health insurance claim does not go through. An insurance claim can be rejected for various reasons, and depending on your insurance provider, they may or may not provide clear reasons why the claim was denied.

So, if you are worried about claim denials and want to know the next steps that need to be done, this article is for you.

What are the reasons for claim denial?
There can be many reasons why the insurance company may reject your claim. Upon receiving a claim, the insurance company cross-checks every document from the policyholder to verify the policy's validity and the claim's authenticity. Some of the significant reasons for claim denial are issues with the cover. There is a list of illnesses and treatments that insurance doesn't cover. If your claim falls under such a category, the insurance company can reject your claim. Other reasons could be missing information, expired validity, and lack of supporting documents.

How can you rectify and reapply?
If you are eligible to reapply, you should thoroughly go through every document and ensure that there is no missing information and that all the supporting documents are attached. After providing these documents, you can reapply for your insurance. However, if the reason for prior rejection was an expired policy, then you cannot reapply for the insurance. The validity period of your policy is the only contract holding the insurance company accountable to you. If a claim was made without an active policy, the insurance company is authosied to reject the claim.

How to write a letter of appeal to the insurance company?
This is probably one of the easiest and most effective ways to undo claim rejection. Write an appeal letter to the insurance company stating facts and attach supporting documents to strengthen your case. Papers such as treatment plans, medical bills, etc., are some examples of the supporting documents that you can use. If your claim looks valid to the insurance providers, they will approve them immediately.

Who is an ombudsman, and how can they help?
If none of the steps mentioned above works, you should consider going to an ombudsperson to review your claim. An ombudsman is an officer appointed by the government for the policy holders' fair disbursement of insurance money. Any grievance against an insurance company can be made to an insurance ombudsman. If your insurance claim was rejected or the company has not responded to your appeal, then the ombudsman is responsible for resolving the issue.
After careful consideration, the ombudsman recommends a settlement or an award that must be complied within the next fifteen to thirty days.

These are a few things you can do to ensure that your health insurance claim is approved. Health insurance claim rejection is not something that you need to stress about. Understanding why the plea was rejected and rectifying the issues will help you reapply for health insurance. Insurance companies must be careful against fraudulent claims, which is why they have stringent policies to disburse the insurance amount to the rightful people.

Before buying your health insurance in India, read all the papers carefully. Understanding the terms and conditions before purchasing your policy ensures that you have no trouble at the time of claiming the insurance. Analyse your requirements and opt for a tailor-made policy for you to reap the benefits of health insurance.

Click HERE to know more about health insurance in India.

Disclaimer: The information provided above is for illustrative purposes only. To get more details, please refer to policy wordings and prospectus before purchasing a policy.

In the modern era, cars no longer remain a luxury. Instead, they have come under the list of essentials. While a four-wheeler is crucial for ease, accessibility, and comfort while travelling, it's not always possible to buy one on your own due to the heavy expenses. However, rental cars are the perfect solution.

While we're on the topic of rental cars, it is essential to understand rental car insurance as well. If, unfortunately, you end up in an accident during your driving, insurance will provide you with the right added protection and coverage. Now let's understand the working of rental car insurance.

1. There are different types of rental car insurance. You can select the one which caters to your needs best:

• Personal accident protection – It offers medical cost coverage for you and your co-passengers in case of personal injuries.

• Loss and Damage Waiver (LDW) – It is also called the Collision Damage Waiver (CDW). Rather than being a proper policy, this is a waiver scheme that prohibits the rental company from chasing after you in case of damage or if the vehicle is stolen.

• Supplemental Liability Protection – This provides cover against the damages done from your end.

• Personal effects coverage – This ensures coverage against personal items getting stolen from your rental car.

2. If you don't have auto insurance, it is advisable to get rental car insurance. A non-owner car insurance policy covers only liability. So, it is advised that you purchase damage protection. In addition, driving without car insurance is illegal, and you can get heavily fined if you do so.

3. Your personal policy does not cover the repair cost if you get into an accident and end up damaging the car. Therefore, think about purchasing a Loss and Damage Waiver (LDW) if you lack a collision and comprehensive coverage on your personal auto insurance policy.

4. Rental insurance is also beneficial if you're renting a car for a business trip or personal travel and are unsure about personal auto insurance coverage limitations.

5. Depending on personal car insurance to protect against the damages caused to the rental car can land you into paying a deductible. Instead, buy rental car insurance, which covers the cost of repair and avoids paying a deductible.

6. The cost of rental car insurance depends on several factors. It relies on the company you purchase the coverage from, the type of car you are renting, the state you are in, and the number of miles/kilometres you are travelling. Your costs will also increase if you purchase add-on coverages.

Now that we have taken a closer look at the working of rental car insurance, a wise option would be to think about your car and its protection against unanticipated damages. The best part about this whole process is that you can explore your options and buy car insurance policy online that suits your needs without any hassle. Travel without worry and explore the places you want to visit using an affordable commutation option and multiple insurance benefits.

Click HERE to know more about how you can buy car insurance policy online.

Disclaimer: The information provided above is for illustrative purposes only. To get more details, please refer to policy wordings and prospectus before purchasing a policy.

Owning a house is a dream that most of us wish to turn into reality. We come across pictures of beautiful properties and aspire to own one of them at some point in our lives. However, zeroing down on the house in downtown areas of the city can be an expensive deal. In a country like India, where the population growth is exponential, vertical housing or apartments are inevitable. Over the past decade, we have seen an increasing trend of housing societies and sky-high buildings making their way around the town.

This trend is more prevalent in metros or tier-one cities because of the rising working population. Therefore, buying an independent property in such a city requires an exorbitant price, forcing a second thought. However, the records for a smaller city present a different story, where people still have the ability and the assets to choose independent living and prefer doing the same.

Let's individually understand the perks of both apartment living and independent living and then leave a choice for you to take.

Benefits of apartment living:
Apartments these days are primarily built-in clusters within a housing society where several families reside with all the facilities such as supermarkets, gyms, pools, playgrounds, personal parking spaces, etc. People prefer this form of housing because it ensures easy accessibility, round-the-clock security, regular maintenance, orderly garbage disposal, and an overall community experience that boosts social connectivity.
Another reason why people prefer a pre-built house is because the total cost comes out to be way less than building a house right from laying the bricks. A significant hassle of building a house from scratch is the cost of the plot, legal formalities and clearances, and setting up electricity and water connections. So, choosing to go with apartments makes it more convenient and stress-free.
However, apartments come with a set design, and there is only so much you can do to make changes, which would add up to a surplus amount at the end of the day.

Benefits of independent housing:
Independent housing is ideal for those who enjoy living on their terms. While constructing your house independently, you will be able to choose the design and layout. You can customise the size and the number of rooms. The inbuilt design, windows, balconies, or terrace can all be according to your preference.
People interested in gardening can also benefit a lot from the space around the house. Independent houses ensure more privacy, as these don't share common walls, and there is a significant distance between two consecutive houses. Another huge benefit is that, over time, these kinds of properties fetch a lot of value. Land value is skyrocketing these days, so owning land and a house on it is a massive investment with great returns.

So these are a few benefits of both kinds of housing. House is a place you will call home eventually, so giving a reasonable amount of time and making the right choice that fits your lifestyle is essential. The choice between independent houses or apartments is yours to make, but opting for the best home insurance in India should be non-negotiable as it adds value to your home, may it be an apartment or a bungalow.

Click HERE to learn about the best home insurance in India.

Disclaimer: The information provided above is for illustrative purposes only. To get more details, please refer to policy wordings and prospectus before purchasing a policy.

Self-driving automobiles, previously thought to be a sci-fi fantasy, are now cruising the streets in some parts of the world, but there's a catch. They are not yet capable of reaching the benchmark of human drivers. Using the most sophisticated 3D imagery and Artificial Intelligence, car manufacturers want to provide users with a hands-free experience without jeopardizing personal safety. In today's post, we speak about the technology behind these cars and how they influence the future of mobility.

How exactly Self-driving automobiles work?
When the driver selects a destination into the car's navigation system, the software determines a route and drives the car towards it by tracing the route map. A revolving sensor mounted on the roof monitors a 60-meter radius surrounding the vehicle and generates a dynamic 3-D representation of the surroundings.

A sensor on the left rear tyre detects lateral movement to determine the vehicle's position to the 3-D map. Another couple of radar sensors in the front and rear bumpers calculate obstacle distances. The car's AI software is linked to all sensors and receives data from Google's Street View and integrated video cameras. Artificial Intelligence then mimics human perception and handles driving systems like steering and braking.

The vehicle's software constantly checks Google Maps & built-in GPS to be aware of landmarks, road signs, and lights. An override feature allows the drivers to take over the control of the vehicle whenever they want.

Now that you know how a self-driven car works. Let's look at its possible impact on our future.

1. Settlements:
People generally settle near their workplaces to avoid spending the time commuting daily. However, with self-driven cars, people will have extra time for other activities and personal leisure time as they won't have to drive, which means that they will no longer need to settle as close to the workplaces as before.

2. Fewer Accidents:
We know most accidents occur due to human errors. With no humans behind the wheels, there's no possibility of human error resulting in fewer accidents.

3. Mobility for disabled and elderly:
Differently abled people and the elderly will no longer have to depend on others to drive for them. They can just hop in and start navigating.

4. Fewer traffic jams:
Most traffic jams occur due to the congestion of the vehicles on the roads. Everyone wants to get ahead and, in the process, disrupts a free flow of traffic. Self-driving cars can cut down traffic by multiple folds. Sophisticated software and radars will have a sophisticated driving pattern.

5. Less human touch:
A self-driven car is all about software and sensors. They can never be 100% accurate and lack emotions and feelings. The inability to adapt quickly combined with a lack of emotions can have adverse impacts.

The possibilities for driverless cars are endless, and the imagination is at the top among car manufacturers. However, self-driving technology is not yet fully developed. It will take up a significant amount of time, and legal obligations before autonomous vehicles dominate the roads.

Till then, it's time to focus on what we have at hand. May it be a self-driven car or a non-autonomous car, safety always remains an important aspect for both the categories. And, when the safety of assets is concerned, insurance is the solution. So, as we talk about future technologies, why not consider purchasing online car insurance by making the best use of the internet and online resources for a hassle-free buying experience.

Click HERE to know more about online car insurance plans.

Disclaimer: The information provided above is for illustrative purposes only. To get more details, please refer to policy wordings and prospectus before purchasing a policy.

Bikes are never out of fashion, and every biker wants his favourite bike to be the show-stopper. You may have seen a lot of tastefully customized bikes and may be interested in modifying your two-wheeler. Different people have different reasons for customizing their motorcycles. Some do it for better designs, while others do it to improve performance or safety.

No matter the reason, here are four things that you should know before you shift into high gear and head straight to one of the bike modification shops.

1. What The Motor law says:
When considering change, the first thing to examine is if the law allows it. To illustrate, if you wish to update the engine to boost its power output, your registration certificate should reflect such modifications. As a result, you must go to the Regional Transport Office and have your registration certificate updated. Minor cosmetic changes, such as adding a sticker, are permissible without clearance. Each state has its own set of rules regulating the use of lights, indicators, license plates, and horns. Before making any changes to your bike, you must comply with the government's regulations, or you'll have to pay a heavy fine. Ensure that you stay lawful!

2. Types of Modifications and their Impact on premiums of 2 wheeler insurance:
Performance-based modification: Performance enhancements on two-wheelers often involve fuel-efficient technologies or mechanisms to enhance speed. Remember, a higher speed increases the probability of an accident. Given the danger, it will surely raise your 2 wheeler insurance premium.
Aesthetic modification:When you modify your bike to look more aesthetic, it raises the chances of theft, thus increasing the premium.
Safety modification: By adding security features to your bike, you reduce the chances of bike theft. As a result, you save money on insurance costs too.
Modifications for the disabled:If a specially-abled person rides a bike and is modified to meet the convenience, the insurance provider will not charge an additional premium.

3. Inform your insurance provider:
Keep your insurance company informed of any alterations you want to make to your two-wheeler. Some two-wheeler changes may result in an increased premium amount. Failure to disclose these modifications may be seen as unlawful, leading to claim denial by the insurer.

4. Get the job done by a professional:
While the potential for heavy-duty modifications to two-wheelers is restricted, you can still make many alterations. Paintworks, for example, are still permitted as long as they are within the RTO guidelines. Similarly, the installation of minor extras such as decals, visors, and engine fairings remains allowed. Make sure that only specialists perform these tasks.

Remember, your bike is a machine, and like any other machine, it has its limitations. Therefore, you need a skilled bike modifier who can assess your bike's capabilities, consider your needs in terms of adjustments, and then begin working on a plan.

Whether you modify your vehicle or not, you must hold valid insurance if you want to ride your two-wheeler lawfully on Indian roads. Also, you need to prepare yourself for uncertain events or situations like accidents, maintenance fees, and other service costs involved before they take a toll on your finances. So get reliable 2 wheeler insurance and forget all the stress.

Click HERE to know about the most economical plans for your 2 wheeled companion.

Disclaimer: The information provided above is for illustrative purposes only. To get more details, please refer to policy wordings and prospectus before purchasing a policy.