![]() | #2761 | |
Newbie Join Date: Sep 2013 Location: New Delhi
Posts: 20
Thanked: 43 Times
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Could you clarify on which OD amount is discount calculated? Is it including add ons or excluding it? And is each and every discount (NCB, anti theft, profession) calculated on the OD amount? I don't remember but i believe the quote of Rs 12,450 was after NCB and Anti theft discount. So is there any room for further discount? | |
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![]() | #2762 |
BHPian ![]() Join Date: Dec 2013 Location: Gurgaon
Posts: 42
Thanked: 20 Times
| ![]() sidkeenlearner: A comprehensive insurance or First Party Insurance(desi lingo) comprises of three parts own damage, Personal Accident coverage(2Lacs) for owner who was also the driver during mishap(if any) and Third Party premium. NCB is your right in case there was no claim in the previous year/s. However, just to attract business or retain customer Insurance company gives discount on own damage premium which is deciding factor of the total premium you will end up paying. Higher the OD discount lower the premium. So you should push as much as you can for a higher OD discount. |
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![]() | #2763 |
BHPian ![]() | ![]()
Thanks for the reply...Existing policy is from HDFC Ergo. No issue from the insurer as of now. Only thing is that they are quoting around 5.8K higher than SBI . Currently i am based in Bangalore. I was bit worried on cashless facility only ... Anyone already having SBI insurance please let me know their feedback also. |
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![]() | #2764 |
BHPian ![]() Join Date: Sep 2007 Location: nagpur
Posts: 360
Thanked: 73 Times
| ![]() I have shifted from comprehensive to third party insurance for my 10yr old santro from Insurer A to insurer B. Can I ask for NCB certificate from insurer A ? |
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![]() | #2765 | |
Senior - BHPian ![]() | ![]() Quote:
Best Regards & Drive Safe Ram | |
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![]() | #2766 |
BHPian ![]() Join Date: Sep 2007 Location: nagpur
Posts: 360
Thanked: 73 Times
| ![]() Ok but whats the need to entice. Is it a favour from them. |
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![]() | #2767 |
Senior - BHPian ![]() | ![]() No definitely not a favour, but your right. But in India, you never know what kind of games people would play. I should have added "if there is any reluctance". All the Best Best Regards & Drive Safe Ram |
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![]() | #2768 |
Senior - BHPian ![]() | ![]() |
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![]() | #2769 |
BHPian ![]() Join Date: Dec 2007 Location: Bangalore
Posts: 201
Thanked: 150 Times
| ![]() Anyone heard about L&T insurance. My car insurance renewal is due. I have TATA AIG policy now. TATA AIG and HDFc ergo are quoting 1500-2000 more than L&T keeping everything else same. |
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![]() | #2770 |
Distinguished - BHPian ![]() ![]() Join Date: May 2004 Location: Bombay
Posts: 6,079
Thanked: 6,155 Times
| ![]() IDV of 54 Lakhs. NCB 65%. I have a quote of 75k from Tata AIG for Pearl Plan(Depreciations reimbursement). Is this rate good enough? What other options do I have? I usually stick with Tata AIG as claims are easier to pass. I think this policy allows upto 2 claims per year. |
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![]() | #2771 | ||
Senior - BHPian ![]() | ![]() Quote:
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![]() Since you have already experienced Tata AIG and are happy with the service provided, why move to someone else. BTW what car do you own? | ||
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![]() | #2772 | |
Distinguished - BHPian ![]() ![]() Join Date: May 2004 Location: Bombay
Posts: 6,079
Thanked: 6,155 Times
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![]() I own an Audi RS5. I am not looking to move to another insurance company but would like to compare rates. Also my agent said that if I claim during this new policy period my NCB will be protected however if I renew policy again and claim the year after I will loose NCB. This makes no sense, I have asked them to double check. Any truth in this matter? | |
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![]() | #2773 | ||
Senior - BHPian ![]() | ![]() Quote:
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![]() | #2774 | |
Distinguished - BHPian ![]() ![]() Join Date: May 2004 Location: Bombay
Posts: 6,079
Thanked: 6,155 Times
| ![]() Quote:
Pearl Plan = Gold Plan + Depreciation Reimbursement. Rate for NCB protection are 50% higher | |
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![]() | #2775 |
BHPian Join Date: May 2011 Location: Bangalore
Posts: 143
Thanked: 199 Times
| ![]() My car got rear-ended by a Volvo recently. The damages are to the rear bumper, rear windshield, rear hatch and both the driver side doors. The total repair estimate with replacement of all the door panels is around Rs. 1 Lakh. Now the IDV of my car is about 64K so the insurance company is declaring total loss. My question is it possible to go for a combination of repairing + tinkering (not panel replacement) and claim that from the insurance company. Also what would be advisable in this case, take the IDV from total loss or repair the car and try to sell it later. Note that the car is a 11.5 year old Santro. Any suggestions greatly appreciated. |
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