Vehicle Insurance
Insurancevala
Vehicle Insurance exactly provides an answer to your needs.
Vehicle Insurance can cover costs for you and your vehicle if you get involved in an accident or any unprecedented dangers down the road. It will also insure you against hefty fines and medical expenses. So, it is too important to have a good vehicle insurance policy in place can come to your aid
Transparency
Never compromise the interest of the customer.
Honesty & Integrity
In all accepts of our business.
Customer Focus
Assist customers beyond the boundaries.
Factors Affecting Vehicle Insurance Premium
Your Vehicle is one of the most prized assets, as a vehicle owner you need to ensure that it gets the best care and protection.
- Scope of Coverage: When you choose comprehensive vehicle insurance over the third party, you need to pay an additional premium but the benefits far outweigh the costs as more risks are covered
- Fuel Type: Vehicles running on Diesel and CNG are charged a higher premium than the one’s running on petrol
- Value of Vehicle: Insured Declared Value (IDV) is one of the main components in determining the premium, IDV is the current market value of the vehicle. If the current market value of the vehicle is higher, the premium of the vehicle will be more
- Security Systems: If you have installed security systems that enhance the security of the vehicle, the insurer would take it as a positive step and may provide a reduction in premium
- Age of the Vehicle: The value of the asset decreases with time, depreciation is charged that reduces the market value of the vehicle, the higher the age of the vehicle, the less its market value
Vehicle Insurance Quote
Compare quotes and get life insurance in right way
Get an Insurance Quote
It depends where you live, but standard homeowners insurance policies will typically help pay to repair damage caused by certain risks, or perils, including:
Get a insurance quote – typically in 2 minutes or less. Switch to Alico for an insurance policy from a brand you can trust.
Facing any problem to get a quote!
Call: +91 9824266168
Why do I need to insure my vehicle?
Insurance helps cover the costs of potential damages or injuries in case of an unforeseen accident or theft. Above all, in India, it is mandatory to have at least a Third Party Motor Insurance before you can drive on the roads.
What is an endorsement in a vehicle insurance plan?
An endorsement is written evidence of an agreed change in the vehicle insurance policy. It is a document that incorporates changes in the terms of the policy.
What is No Claim Bonus (NCB) in a vehicle insurance plan?
No Claim Bonus (NCB) is a discount on the premium of the Own Damage (OD) portion of your vehicle when you renew your vehicle insurance policy, provided you have not made any claim during the last policy period.
Can I change the details in a policy?
Changes like that of an address or modifications to the vehicle or its use will be done by an Endorsement by the insurance company. All you need to do is submit a letter to the insurer with proof of the changes.
If I shift to CNG or LPG what do I do?
Inform your insurer immediately. Any modification to your vehicle will make a difference to your policy. It could get cancelled. Make sure all modifications are updated in your policy.
Can I transfer my vehicle insurance?
Yes, the insurance can be transferred to the buyer of the vehicle within 14 days, provided the seller informs in writing of such transfer to the insurance company.
Can the insurance and vehicle ownership be in different names?
No. Registration and insurance of the vehicle should always be in the same name with the same address.
Can I shift the vehicle from the spot of the incident/ accident?
Yes, you may shift the vehicle to the garage.
Still have you any problem for solutions?
Your Needs, Insurancevala Solutions. Where you can purchase all insurance policies to be prepared for future uncertainties.
Head office address:
Plot-292/206,Shreenath Complex, Nr.17/22,Sector-22, Gandhinagar - 22.
Branch Office address:
Titanium Heights, Opposite Vodafone House, Corporate Road, Prahladnagar, Ahmedabad-380015
Call for help:
+91 98242 66168 | +91 78789 94092
Mail for information:
myinsurancevala@gmail.com
office@mtwealth.in