Team-BHP - Automobile Insurance Queries? Ask me

Quote:

Originally Posted by thoma (Post 2683511)

Sorry for being a novice on insurance.

I got my insurance free from the dealer as part of the existing offer at that time, so I never inquired about what type it is of, assuming that the dealer do the insurance for all customers equally. How do I identify whether my insurance is third party or comprehensive?

Quote:

Originally Posted by Marlon (Post 2683619)

Thoma,
You are correct, Own Damage + Third Party Liability makes it a comprehensive insurance.

@thoma: Marlon's answer is correct. But I have two simple points to make.
1. Third party insurance for a car typically costs about Rs. 1200 (I did this for one of my cars a few months ago.)
2. Only 'nationalized' insurance companies can offer TP insurance.

Hope that helps in some way.

Quote:

Originally Posted by S_U_N (Post 2684371)

SUN,

All companies offer TP cover. (Im assuming nationalized means PSUs)

And the why go for only TP cover unless your cars 25 years old.

In case of accident, if the customer has TP insurance, all the cost towards repairs are paid by customer whereas in comprehensive the company pays except depreciation etc

Quote:

Originally Posted by arup.misra (Post 2684472)

Hi all,

Can I transfer my no claim bonus from my old car to new car without selling the old car? Both the cars are insured by Bajaj Allianz.

Please help guys.

IMO it cannot be done. You can transfer the old car NCB to the new car only when the old car is sold.

Just get it cross verified by Bajaj, if they do it then this will be new to me.

Quote:

Originally Posted by arup.misra (Post 2684472)

Hi all,

Can I transfer my no claim bonus from my old car to new car without selling the old car? Both the cars are insured by Bajaj Allianz.

Please help guys.

I think this is possible. Pass an endorsement to the old policy to remove NCB. Pay the additional premium. Get NCB reserving letter. Use it on your new car.

Please get it confirmed again.

A quick question about Honda Assure Zero Depreciation Insurance (Bajaj Allianz),

The service manager at Honda Peeraghari is telling me that I can claim the zero dep as many times as I want during the policy period. This sounds strange to me since the last zero dep insurance I had (Tata AIG) had a limit of 2 zero dep claims over the year.

Am I being conned here?

I have been quoted Rs 9252 for renewal of the insurance cover for the third year of my car. The car is Punto, bought in March 2010. I bought it for around 6.5 lacs, the IDV after one year was 502896 and now they have made it 452606. This figure of Rs 9552 includes a 20% No claim bonus.

Look ok to go ahead?

Quote:

Originally Posted by download2live (Post 2696521)

Looks OK, but just to confirm try out the online comparo with other Insurance companies. If at par, you can go ahead.

BTW who is the Insurer for the Punto now?

While checking online for quotes for my XETA, I got the lowest quote from National Insurance at 2950 for IDV of 120800. However, they are not available for online purchase. Soon enough I got a call from that site, stating they can offer me Oriental insurance if I am willing to forget NCB.

The lowest quote available online is about 500 extra from HDFC Ergo. How can I go about getting the lowest rate from a national insurer? Will an agent honor an online quote?

Quote:

Originally Posted by petroguzzler (Post 2682634)

My vista's alloy wheel was damaged(chipped) by an errant auto rickshaw. Is this covered by insurance?
BTW, it is with United India Insurance.

I don't think that they'll cover it under insurace.

Quote:

Originally Posted by mjumrani (Post 2692167)

Please call up the Bajaj Allianz helpline number and check with them regarding the claim limit in case of 0% dep insurance. I highly doubt that one can claim as many times as one wants and get the benefit of the 0% dep clause.

The policy documents usually mentions that the claim can be made only 1/2 times per year. Do not take the words of the Service Manager, check before you take the policy.

SD

Quote:

Originally Posted by abdriver2000 (Post 2696605)

Which site are your referring to? Why should you forget about your NCB? Sounds fishy to me.

If you are going for an online quote, you will no longer need the Agent. Oriental Insurance does have online Insurance buying and renewal, have your tried?

Quote:

Originally Posted by bigautobuff (Post 2698059)

I don't think that they'll cover it under insurace.

They are covered by Insurance as alloys is a part of the standard vehicle.

Quote:

Originally Posted by abdriver2000 (Post 2696605)

I just renewed my insurance for 4 yr old XETA at ICICI Lombard. IDV - 1.8 lacs, Premium - 3.8K

Ok, so after haggling with 4 or 5 different cos., the best quote is 3114 for an IDV of 1.22lacs with no voluntary excess. This is from Berkshire. They also offer some add on features free like overnight stay in case the car is not repairable in 12 hrs outside 100km radius, taxi reimbursement etc.

I still have about 2 weeks to finalize, so unless something really good comes up, I will go with this. The policy is generated online, though the website is not very friendly. The customer service was much better.

AFAIK, car insurance does not cover scratches deliberately made by someone on the car.

Is there any insurance provider which covers scratches deliberately made by miscreants ?

I stay in an apartment complex which houses a lot of kids and teenagers. Some of these teenagers loiter around the parking area and keep fiddling with the parked cars. :Frustrati

Rohan