GENERAL INSURANCE BLOG

In residential complexes or workplaces, fire situations are severe risks to the safety of people and assets. Understanding fires and putting best preventive policies are crucial for the administrative unit of the buildings. Knowing the different fire classifications will make selecting the best fire solutions much easier.

Water, carbon dioxide, foam, vaporizing liquid, and dry powder are the six primary varieties of fire extinguishers available in India. Remember that not all fires are the same, and not an extinguisher can put off all types of fires; therefore, it’s critical to know about their classes. In this space, we'll take you through the types of fire and the correct type of extinguisher needed to tackle them.

1. Class A (General Fires):
These fires are caused by common flammable materials such as wood, plastics, textiles, paper, and rubbish used in homes, workplaces, enterprises, and industrial settings. Class A fire flames are less damaging and can be put out quite quickly.

How to put out class A fire: The best way is to use a water or foam fire extinguisher. You may simply use tap water to put out this type of fire since it removes the fire's heat source.

2. Class B (Liquid Fires):
Combustible liquids and gases such as gasoline, oil, kerosene, paints, and gases such as propane and methane are the most common sources of class B fire. Typically, these fires occur in industrial settings that deal with petroleum and gas products.

How to put out class B fire: You need to cut off the fire’s oxygen supply to prevent the fire from spreading rapidly. Carbon dioxide, Powder, and Foam based extinguishers work best to combat Class B fires.

3. Class C (Electric Fires):
The primary source for class C flames is electric components. Short circuits are frequently the cause. Industrial buildings with heavy electrical equipment that consumes a lot of electricity are prone to these hazards. They can occur in households and small businesses as well.

How to put out class C fire: Class C flames demand prompt power shutoff and the usage of non-conductive chemical fire extinguishers such as CO2-based. You can even opt for powder-based fire extinguishers.

4. Class D (Metal Fires):
Combustible metals such as aluminium, magnesium, potassium, and titanium are the principal source of Class D flames. The majority of Class D fires occur in laboratories. On the other hand, combustible metals are employed in various industrial manufacturing and production processes, which raises the risks of class D fires in those industrial premises.

How to put out class D fire: Powder-based extinguishers that absorb heat and suppress the flames are the most effective tools to put out the fire under this class.

5. Class K (Cooking Fires):
Class K fires are often confused with the class B fires. This is because they share the same fuel source, which is combustible liquids. However, class K fires are significantly distinct. These fires typically occur in kitchens during food preparation. Cooking ingredients such as cooking oils and vegetable/animal fats trigger and fuel the flames. Class K flames are deadly and may wreak havoc in a short amount of time. They are commonly seen in restaurants and houses but can occur anywhere there is cooking involved.

How to put out class K fire: foam-based, wet chemical extinguishers work best on class K fires.

Now that you completely understand the origins of all these different types of fires and how to put them off. You should determine which fire extinguisher to keep at your disposal at all times. And don't forget only to purchase an ISI-certified extinguisher.

As the famous saying goes, “hope for the best and prepare for the worst,” while you’re out there searching for the ideal extinguisher, protect yourself and your assets with general insurance. Get a general insurance online quote today and add value to your assets.

To get general insurance online quote, click HERE .

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.

The Motor Vehicle Act of 1988 requires all vehicles to be insured by adequate insurance coverage before they are driven on the road. As the country advances digitally, it is more obvious now than ever to purchase insurance or get a car insurance renewal with just a few clicks online.

At the same time, the increasing number of insurance rejection cases has become a serious concern to both insurance companies and policyholders. Many policyholders fall victim to a riptide of errors by selecting the wrong car insurance giving them more headaches than benefits.

In this space, we will talk about some common mistakes that you can avoid while renewing your car insurance or getting a new one.

1. Don't forget to compare policies:

There is an array of companies that provide car insurance services, and each has its own features and benefits. Take the help of web tools to compare the regularly purchased policies in the market and choose the one that offers the best benefits for your vehicle.
And, it doesn't end there. Do more study and read the terms and conditions of the policy document. Consider all the hidden charges and provisions before you purchase it.

2. Showing your back to online insurances:

By not doing so, you will prevent any unnecessary payments such as fees of intermediary agents, paperwork, etc. Insurance firms are encouraging insurances at reduced prices to online consumers since they believe they are informed and cautious. The online method simplifies the customer's buying experience with multiple plans focusing on the requirements, efficiency and attractive pricing.
If you are looking for a convenient and user-friendly method of buying car insurance, online is always a good option.

3. Avoid opting for basic third-party insurance:

Many car owners decide to get car insurance just to comply with the government rules and hence simply end up purchasing third-party insurance to save money on the policy premium. But, unfortunately, these insurances only cover the third party's injury and not the policyholder or the vehicle.
Given the hefty repair costs or total loss, it is logical to get comprehensive vehicle insurance covering all hazards. Make sure you do not choose only "third-party insurance", as it will get you in more trouble than convenience.

4.Right choice of add-ons:

Adding the add-ons isn't all of it! Maintaining a proper add-on balance is essential to enjoy maximum benefits with a long-term perspective. Adding excessive add-ons will cost you a hefty premium, whereas not including any add-ons will result in inadequate coverage.
You should be sensible to leave the add-ons that are not serving your purpose. It helps save you a handful of money on an annual premium.

Here is the list of some of the add-ons that you must have:

● Zero Depreciation

● Road Side Assistance (RSA)

● Engine protection cover

5. Read the insurance documents carefully:

A vehicle insurance policy paperwork may appear to be exhausting and requires immense reading. Many automobile owners feel it irrelevant to read the entire document and thus ignore reading the policy papers. However, they are unaware of how necessary it is to verify specific things mentioned in the policy.

Even if you do not read it word by word, it is imperative to confirm the features promised by the insurer. This will go a long way toward avoiding issues during a claim.

Here are few of the details that are important to verify in any policy document:

● Policy holder's name and contact details

● Vehicle registration number

● Engine and chassis number

● Insured Declared Value (IDV) of your car

● Policy coverage

● No claim bonus

● Other T&Cs

Final Thoughts:

Be a responsible buyer and go into the depths of every insurance policy that you may deem fit for your valuable vehicle. Making quick decisions is worth it only if your decision is a smart one. Insurances are meant to provide financial security to your belongings, so you should avoid making blunders while buying them.

READ MORE ABOUT THE BEST CAR INSURANCE RENEWAL POLICIES ONLINE HERE…

Two-wheelers like scooters and motorcycles are the most commonly used vehicles due to their fuel efficiency and ease of use on congested roads and streets. As a result, the number of two-wheelers sold is several times that of cars. But, at the same time, more two-wheelers fall prey to numerous road accidents daily.

Two-wheeler owners must get their vehicles insured as it protects them financially against any accident. Unfortunately, people always assume that insurance is an expensive liability as it drains the money in premium and is rarely used. People fail to understand the importance of having insurance cover for those unfortunate events.

Whether you just have basic liability insurance or comprehensive coverage, it's important to ensure that you're getting the best deal possible. In this article, we bring seven strategies to reduce the premium of your two-wheeler insurance.

1. Compare policies:

Start by comparing different policies and their features. It makes sense to examine two or three companies, just in case, there is a better policy with lower prices out there. There are many policy comparing tools available online to help you estimate the insurance premium. You can also find multiple plans directly from the websites of reputed insurance companies that come with the best features and premiums.
But remember here, a lower premium doesn't always mean a good deal, and going with the lower-quoted company isn't always the sensible decision.

2. Add-on covers:

Add-on covers are great to increase coverage without buying multiple policies at a time. However, be wise with the add-ons you choose. You may not need all of them in a policy, withdraw unnecessary ones as they will only increase the premium. Read your policy document line by line and ask your insurer to remove anything you don't need.

3. Claim loyalty points from the existing company:

If you have bought your other insurances like health, home, travel, from a particular company, there are chances to get a loyalty discount coupon from the existing company. In addition, several insurance companies offer bonus points to loyal customers and support them with additional benefits for their future purchases.

4. Try negotiations:

There is no harm in asking for an additional discount. Companies with an aim to promote their policies often give in to such negotiations. So give it a try and test your luck. More often, you will succeed in bargaining.

5. Maintain a good driving record:

Many insurance companies look into your past driving records to determine the premium. If you drive safely and do not raise any claims during the policy period, you are rewarded with No-Claim Bonus points. Maintaining a good track record is key to getting a lower insurance premium. In addition, driving safely is always a good thing to secure you and others on the roads.

6. Pay a higher deductible:

In case of any mishaps, if a policyholder pays some amounts from the total repair cost during claim settlement, this is called deductible amount. The deductible is inversely proportional to the premium. Therefore, the 2 wheeler insurance premium lowers if you choose to pay a higher sum as deductible.

7. Additional discount to 32 to 60 years age group:

Companies offer more discounts to responsible drivers. People in the age group of 32 to 60 are considered responsible drivers. If you meet this age criteria, ask for a possible discount on your premium for the policy.

Auto insurance prices are likely to continue increasing in the future; however, you can apply many smart tips to reduce the sting. These 7 tips should help you cut-cost to a great extent on your premium.

TO KNOW MORE ABOUT COST-EFFECTIVE 2 WHEELER INSURANCE FOR YOUR VEHICLE, CLICK HERE…

Two-wheelers are always the easy moving, compact and sleek asset to glide through congested traffic and to move faster on the roads. Because of the ease of commuting and the low price compared to cars, they remain the first choice for the middle-income and young people.
If you are planning to buy a two-wheeler, you would say that a test drive of a few models is important. But practically, you should also read these six golden tips that help you make the right decision and save some money.

1. Purpose of purchase and requirements:

You should be clear with your objectives of buying a two-wheeler. Then, do proper research of the types, models, and other requirements, including the reviews of your shortlisted brands. Bikes are a versatile commodity, and they come in numerous shapes, sizes, types, and brands. You can use them for long rides, sports or racing, or as a day-to-day commute vehicle. Therefore, considering how and where you will use your two-wheeler is essential to finalise the model.

2. Set your budget:

Make sure that your dream two-wheeler suits your pockets too. Decide on a clear budget for your purchase and look for the bikes in that range. This helps you to narrow down the choices and the best fit. Remember that you will have to take care of maintenance, service and insurance of your bike as well.

3. Effortless handling:

Don't compromise your physical abilities and feasibility for some cool model of bike that you see. Choose the perfect height and the weight of the bike that you can handle conveniently. If you enjoy speedy rides, then you should opt for a sports bike. But if you are a family person, then sports bikes are not your category. Always give preference to high-performance and bikes with good mileage.

4. Maintenance and aftercare:

Make sure that the model or type of bike you choose has extensive and quality service centres. Wide network of service centres helps you to get your vehicle repaired easily. In addition, multiple brands offer free extended service options for a certain period that can save on maintenance cost. Also, keep in mind that regular servicing and good maintenance are necessary for the long life of your bike.

5. Customer reviews:

Customer reviews are crucial and can give you some genuine feedback about the two-wheeler you are considering. Thorough research of on-road reviews of users can further provide you with information about the two-wheeler, its attributes, real-time mileage, and many other aspects that a salesperson at the showroom might not tell you.

6. Purchasing insurance:

Your task doesn't end with just buying a bike. Bike insurance is essential and a must thing to be done. Insurance coverage for two-wheelers got mandatory after the Motor Vehicle Act in 1988. Adjust your budget according to your annual insurance premium. For safe and easy rides, secure your vehicle with bike insurance. You can also check bike insurance online for the best premium. Compare it all and choose the best fit for your bike and act smartly.
Lastly, make sure you compare across various brands and look through multiple dealers and the offers.

PURCHASING A NEW BIKE? CLICK HERE TO KNOW THE BEST ONLINE BIKE INSURANCE…