Product | UIN No. |
---|---|
Car Secure | IRDAN152RP0006V04201516 |
Written By : Zurich Kotak General Insurance - Last updated: Nov 4th, 2024
Limit your speed, not your car insurance
Instant policy with zero paper-work
Quick and hassle-free claim process
4400+
Cashless garages
Jet-speed
claims
Upto 50%
No claim bonus
93.56%
Claim settlement ratio
24/7
Around the clock assistance
Note: The above data is till 30th Sep, 2024
Car insurance, also known as four-wheeler insurance is an agreement between a car owner and the car insurance provider that offers protection for four-wheelers in the case of financial losses due to unforeseen events like accidents and natural calamities.
Car insurance helps keep you, your car, and pedestrians for life's unexpected twists and turns while driving.
A car insurance policy provides you with financial security during unfortunate events involving risks and damages. It also covers third-party liabilities, ensuring that you comply with all rules and regulations.
Get Zurich Kotak car insurance at an affordable premium and access to a network of 4400+ cashless garages.
Discover the exciting car insurance features that go the extra mile for your safety
We believe in going above and beyond for your safety. Check out our additional features
Affordable premiums
Get coverage with affordable premiums
Optional add-ons
Range of add-ons for wider coverage
Third-party liability
Coverage against third-party bodily injury, death and property damage
Own damage car cover
Coverage against third-party bodily injury, death and property damage
Personal accident cover
Coverage of Rs.15 lakhs against accidental death and disablements
Easy cashless claim
Network of 4400+ garages for easy cashless claims
Claim TAT
Quick settlement of claims, jet-speed style
No claim bonus
Enjoy up to 50% NCB and reduce your premiums
Round-the-clock assistance
We are at your service, 24/7
Policy purchase
Online issuance and renewals
Documentation
Zero paperwork needed
Add-ons available
Roadside assistance, daily car allowance, engine protect, depreciation cover, return to invoice, consumables cover, tyre cover, loss of personal belonging, key replacement, NCB protect & switch on/ switch off (METER)
Car insurance is your safety net on the roads. Explore more why you need it
Legally mandatory
Firstly, a car insurance policy is mandated by law. The Motor Vehicles Act of 1988 requires every car to be insured under a valid third-party coverage before you take it for a spin. So, to comply with the legal requirements and avoid penalties, car insurance becomes a must.
Coverage against third party liabilities
Third-party liability causes death or bodily injury to third party or causes third-party property damage. Get coverage up to the legal liability for claims related to bodily injury, death or property damage as per the governed rules and regulations of Motor Vehicles Act 1988. To know more about difference between third-party and comprehensive car insurance click here
Coverage against man-made and natural calamities
A comprehensive car insurance plan offers protection against both man-made and natural calamities. It safeguards your car from damages caused by earthquakes, floods, storms, landslides, fires, riots, strikes, explosions, terrorist activities and more.
Theft cover
If your car is stolen, you not only lose an asset, but also incur a considerable financial loss. This loss is covered under a comprehensive car policy and you get compensated for the loss suffered.
Add-on covers
Comprehensive car insurance plans allow a range of add-ons that enhance the coverage. You can get 24/7 assistance in the case of emergencies, nullify the effect of depreciation on the claim, get the original invoice value of the car in the case of theft or total loss and more. Choose one or more add-ons and get to enhance the cover and make your policy more inclusive. Know more about comprehensive car insurance in India and add-ons here.
Compensation for financial loss
If your car suffers a damage, you might incur a considerable financial outgo on its repairs. In the case of a theft, the loss is considerable as cars come expensive. Third-party liabilities might also amount to a sizeable financial strain. A comprehensive car insurance policy takes care of these contingencies and compensate you for the loss that you might suffer.
Personal accident cover
Accidents are traumatic, emotionally and financially. The personal accident cover helps you with a benefit amount during the financial trauma of an accident. The personal accident cover provides coverage against accidental deaths and permanent disablements and pays a lump sum benefit in these cases. The total liability of the insurer shall not exceed INR 15 lakhs
Peace of mind
With the car insurance policy at your disposal, you don’t have to worry about possible financial losses that you might suffer in the case of a damage, theft or third-party liability. The policy covers the financial loss and gives you peace of mind.
Know the diverse range of our insurance plans and find the perfect one that suits your driving needs
See what makes our car insurance policies stand out!
A comprehensive car insurance plan provides an all-around coverage and covers the mandatory third-party liability.
Covers damages suffered by the car
If your car is damaged due to natural or man-made causes, the comprehensive car insurance plan covers for the loss suffered.
Coverage for theft
The comprehensive plan also covers theft of the car and pays the Insured Declared Value (IDV) against the same.
Personal accident cover for the owner/driver
A personal accident cover is available for the owner or driver of the car with a sum insured of Rs.15 lakhs. The cover pays a benefit in the case of accidental death or permanent total disability due to an accident.
Range of add-ons
Add-ons are optional additional benefits that you can choose with the comprehensive cover by paying extra premium. Zurich Kotak General Insurance’s comprehensive car insurance policy allows a choice of multiple add-ons for an inclusive coverage.
Premium discounts
You can avail premium discounts for installing safety devices in your car, for being a member of an automobile association, for choosing a voluntary deductible etc. These discounts bring down the premium cost.
No claim bonus
If you don’t make a claim in your comprehensive car insurance plan, you earn a no claim bonus. The bonus starts at 20% after the first claim-free year and keeps on increasing after each successive claim-free year. You can earn up to 50% no claim bonus and claim an equivalent discount on the premium.
Cashless claim settlements
Under comprehensive plans you can get cashless claim settlements on repairs if you take your car to a networked garage.
Coverage against third-party liabilities
If you incur any financial liability caused by your car, resulting in a bodily injury or property damage to a third party, such liabilities are covered by the third-party car insurance policy. If you face such liabilities, the policy compensates the third party on your behalf.
Low premiums
The premiums for third party car insurance plans are determined by the Insurance Regulatory and Development Authority of India (IRDAI). The premiums depend on the cubic capacity and segment of the car and are low.
Mandatory requirement
The third-party car insurance policy is a mandatory requirement as specified under the Motor Vehicles Act, 1988. So, if you own a car, you have to buy the third-party coverage mandatorily.
Long-term coverage
For new cars, the third-party coverage is mandatory for a long-term period of three years. You don’t have to renew the policy every year.
High coverage
The amount under third-party policy decided by the motor tribunal. Whatever is the liability amount, the policy covers it.
Online issuance
Under comprehensive plans you can get cashless claim settlements on repairs if you take your car to a networked garage
Coverage for own damages
The own damage insurance for car covers the damages suffered by the car. Such damages can be due to natural or man-made calamities. For instance, the own damage cover will pay for the repair costs if the car is damaged due to earthquake, flood, landslide, storm, fire, ignition, strike, riots, etc. Even if the car is totalled, the loss suffered is compensated.
Coverage against theft
If the car is stolen, you get compensated for the considerable financial loss that you suffer. You can use the compensation received to replace the lost car or pay off an existing car loan.
Optional add-ons
Different add-ons are available with own damage car insurance policies. Such add-ons are optional and help in increasing the scope of coverage at a minimal additional premium.
No claim bonus
You earn a no claim bonus every year when you don’t make a claim under the own damage insurance for car. The no claim bonus can be used as a premium discount on renewals. The bonus starts from 20% and jumps to 50% after five successive claim-free years.
Premium discounts
You can enjoy different types of premium discounts on the own damage premium. These discounts make the premium more affordable.
One-year term
The own damage cover is available for a term of one year after which you can renew it for continuous coverage.
Covers damages suffered by the car
If your car is damaged due to natural or man-made causes, the comprehensive car insurance plan covers for the loss suffered.
Coverage for theft
The comprehensive plan also covers theft of the car and pays the Insured Declared Value (IDV) against the same.
Personal accident cover for the owner/driver
A personal accident cover is available for the owner or driver of the car with a sum insured of Rs.15 lakhs. The cover pays a benefit in the case of accidental death or permanent total disability due to an accident.
Range of add-ons
Add-ons are optional additional benefits that you can choose with the comprehensive cover by paying extra premium. Zurich Kotak General Insurance’s comprehensive car insurance policy allows a choice of multiple add-ons for an inclusive coverage.
Premium discounts
You can avail premium discounts for installing safety devices in your car, for being a member of an automobile association, for choosing a voluntary deductible etc. These discounts bring down the premium cost.
No claim bonus
If you don’t make a claim in your comprehensive car insurance plan, you earn a no claim bonus. The bonus starts at 20% after the first claim-free year and keeps on increasing after each successive claim-free year. You can earn up to 50% no claim bonus and claim an equivalent discount on the premium.
Cashless claim settlements
Under comprehensive plans you can get cashless claim settlements on repairs if you take your car to a networked garage.
Compare car insurance plans
Premium features | Comprehensive plan | own damage plan |
Cashless repairs | ||
No claim bonus up to 50% | ||
Coverage to electrical/non-electrical accessories | ||
Coverage to bi-fuel systems | ||
Damage to third party property | ||
Third party’s death or injury | ||
Depreciation cover-add-on | ||
Extra coverage with optional add-ons | ||
Standard features | ||
Car damage | ||
Theft coverage | ||
Personal accident cover | ||
Car damage due to natural disasters | ||
Car damage due to man-made calamities eg: riots | ||
Car damage due to fire | ||
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Supreme offerings
Cause awesomeness has no ending
Electrical accessories
Insuring your vehicle’s every need and providing comprehensive plan that covers all electrical/non-electrical accessories.
Fire
Don’t let fire damage to your car ruin your life. Stay protected against any loss and get compensated for damages caused by fire.
Self ignition
Get compensated for losses incurred from combustion that occurs without the use of an external heat source.
Natural disasters
When disaster strike, we’ve got you covered. Get protected from the effects or damages due to natural disasters.
Personal accident
Get comprehensive coverage to protect yourself and your loved ones from unpredictable events such as accidents.
Explosion
Keeping your property safe & covered from the damages caused by explosions.
Wear, tear & general aging of vehicle
We do not cover any damages due to normal wear and tear and general aging of the vehicle
Depreciation or consequential losses
Our coverage does not include depreciation or consequential losses (unless they are separately covered by add-ons).
Vehicle used otherwise
We do not cover any damage caused by the vehicle being driven otherwise than in accordance with the limitations on its use.
Mechanical/Electrical breakdown
Any damage or loss that occurred due to mechanical or electrical breakdown is not covered by us.
Any contractual liability
You are not covered under our insurance policy for any contractual liability if you are found to be responsible for the damages.
Influence of drugs or liquor
We do not cover damage to/by a person who is driving under the influence of drugs or alcohol.
Vehicle without valid license
Please keep in mind that we do not cover damage to/by a person who is not licensed to drive the vehicle or had an invalid license.
Nuclear risk or war
We do not cover damage due to nuclear risk or war. We do, however, cover all other risks as mentioned in our terms and conditions of service
In case you would like to cancel your car insurance policy within a year, we will retain a portion of the premium as specified below
Period | % of Annual Premium |
Not exceeding 1 month | 20% |
Exceeding 1 month but not exceeding 2 month | 30% |
Exceeding 2 months but not exceeding 3 months | 40% |
Exceeding 3 months but not exceeding 4 month | 50% |
Exceeding 4 months but not exceeding 5 months | 60% |
Exceeding 5 months but not exceeding 6 months | 70% |
Exceeding 6 months but not exceeding 7 months | 80% |
Exceeding 7 months but not exceeding 8 months | 90% |
Exceeding 8 months Full Annual Premium | Full Annual Premium |
Customize your coverage with our amazing add-ons - they're like bonus features for your car protection!
Consumables cover
Consumables are one-time items used in repairs of the car like nuts, bolts, screws, lubricants, etc. The cost of these consumables is covered under the add-on which is otherwise excluded from coverage. Know more about car insurance consumables add-on coverage.
Depreciation cover
Depreciation is not covered under car insurance. In the case of claim, the cost of depreciation is deducted from the cost of repairing or replacing the parts. However, with the depreciation cover add-on, depreciation gets covered. It is not deducted from the claim amount and the claim payout is higher.
Engine protect
If the engine suffers a consequential damage due to water ingression/ leakage of lubricating oil, the add-on would cover any expenses incurred in repair or replacement of engine parts. Know more about car insurance engine protect add-on.
Return to invoice
Covers purchase invoice price of the vehicle in-case of Total Loss/Constructive Total Loss. Know more about car insurance return to invoice add-on coverage
Tyre cover
This add-on covers for the cost of repair and/or replacement of tyres and tubes caused by accidental loss or damage. Know more about car insurance tyre cover add-on.
Roadside assistance
This add-on allows roadside assistance in the case of emergencies or when the car breaks down in the middle of the road. You can get assistance for flat tyres, fuel refill, jump starting the battery, etc. Know more about car insurance road assistance add-on.
Daily car allowance
In the case of a claim, when the car is under repairs, the add-on pays a daily allowance which you can use to cover the cost of alternate transportation. know more about car insurance daily car allowance add-on.
NCB protect
This add-on protects the NCB discount which the insurer is eligible upon renewal for the next policy year, which would been otherwise lost, if claims were made in the policy year.
Loss of personal belongings
This add-on covers the financial loss that you might suffer if personal belongings are stolen from the insured car. know more about car insurance loss of personal belongings add-on.
Key replacement
This add-on covers the financial loss that you might suffer if the keys of the insured car is lost, stolen or damaged.
Experience seamless protection and security with us
Car Secure and you share the goal of keeping your car safe. Zurich Kotak car insurance offers comprehensive protection in unforeseen circumstances. With Car Secure, enjoy coverage for both first-party and third-party damages. Rely on our 24-hour assistance for any critical or non-urgent situations. Benefit from up to 50% no claim bonus. access Zurich Kotak General Insurance’s extensive cashless garage network across India.
Time saving car policy
No need to spend hours in buying a car insurance policy for your car. Buy the policy online and get it issued within minutes. Enjoy instant coverage on your car and take it for a spin without worrying about potential financial losses.
Money saving car policy
Zurich Kotak car insurance comes at affordable premiums starting as low as Rs.2094. So, insure your car without burning a hole in your pockets with Zurich Kotak car insurance plans.
Effort saving car policy
At Zurich Kotak, we believe in issuing your car insurance policy with minimal hassles on your part. You don’t have to make a lot of effort in getting your car insured. Just apply online, fill in the proposal form, pay the premium and that’s it. The policy gets issued with minimal efforts.
Instant discounts on car policy
Zurich Kotak General Insurance offers significant discounts on car insurance renewal online, with up to 50% off using our no claim bonus. Opt for a voluntary deductible and approved anti-theft device for extra savings. Join AAI to lower your premium. Claim multiple discounts for an affordable policy.
24x7 customer care support for car policy
Need help in buying, renewing or making a claim on your car insurance policy? Zurich Kotak’s trusted experts are at your service. Get 24X7 assistance from our customer care department for your queries, complaints and even feedback.
Trusted and reliable car policy
At Zurich Kotak, we believe in issuing your car insurance policy with minimal hassles on your part. You don’t have to make a lot of effort in getting your car insured. Just apply online, fill in the proposal form, pay the premium and that’s it. The policy gets issued with minimal efforts.
Zurich Kotak General Insurance offers different types of car insurance plans
More economical
When you compare car insurance online, you will be able to determine which is the best policy for you based on its cost. The only thing to note here is that one should consciously compare similar types of car insurance policies.
Paperless transactions
Car insurance require you to answer basic questions about yourself and your vehicle. Based on these questions, you can select the insurance coverage you wish to buy for your vehicle. You won't need any paperwork to buy a car insurance online.
Instant policy
When you purchase car insurance offline, handling physical paperwork can be time-consuming. Opting for car insurance online ensures instant processing of information and immediate issuance of your policy. Enjoy quick and hassle-free insurance with Zurich Kotak General Insurance online!
More convenience
Online car insurance purchases are more convenient than traditional ones. You can buy an insurance policy at one in the morning from the convenience of your home and still have a smooth transaction. Buying car insurance online offers ease.
Checking the credibility of the insurer is easy
Online research into an insurance provider is more straightforward than offline research. Before buying a new car insurance online, you can check the company's website to learn more about its incurred claim ratio, claim filing process, and claim resolution time. To obtain a clearer picture, you can also read reviews left by current or former customers.
Hassle-free insurance at your fingertips with our easy and fast online process
Get all-round protection for your precious vehicle in a few steps. We at Zurich Kotak General Insurance understand the value of your time and have simplified the car insurance buying process to a few simple steps.
Click on the "get a car insurance quote" button on the Zurich Kotak car insurance page
Fill in your car details such as registration number, model, make etc.
Fill in you personal details and make the payment online.
See how simple it is to get a car insurance quote with us
Visit Zurich Kotak General Insurance website
Log in to your Zurich Kotak General Insurance profile using the OTP sent to your mobile number
Fill in your details such as car registration number, mobile number and email id (optional).
Click on the "get a quick quote" button on the Zurich Kotak car insurance page and review coverage
Know the essential factors to consider when choosing four-wheeler insurance for a new car
Here are some tips on how to choose car insurance for new car
Opt for a comprehensive new car insurance policy.
A new car should have an all-around protection. That is what a comprehensive car insurance policy offers. So, choose a comprehensive car insurance for new cars for an inclusive scope of coverage against possible financial losses.
Choose a suitable IDV & add-ons.
The Insured Declared Value is the maximum coverage liability that the insurance company undertakes when insuring your car. This is the value that is paid when you suffer a theft or total loss. So, a higher IDV is a better choice as the claim pay out is higher in theft or total loss cases.
Select suitable add-ons
Make your new car insurance policy more comprehensive with add-ons. Choose suitable add-ons depending on your coverage needs and get wider coverage. Enjoy higher claim pay-outs and better financial security.
Claim the applicable discounts
As mentioned earlier, Zurich Kotak’s comprehensive car insurance policy allows a range of premium discounts that can reduce the new car insurance price. So, look for these discounts and claim the ones which are available for your car. If you had a previous car whose no claim bonus has been accumulated, transfer the bonus to the new car and get a discount on the new car insurance price.
Check new car insurance price
Compare the new car insurance price across different policies. Choose the new car insurance policy that offers the most competitive rate of premium without compromising on the coverage. For instance, Zurich Kotak offers affordable policies for your new car with a comprehensive scope of coverage.
Check the network garages
Network garages allow you to avail of the cashless claim facility. So, the wider the network of such garages, the better. Check the list of network garages in your area to know which garage would serve the purpose when you suffer a claim.
Know the claim settlement process
You need to follow the claim settlement process for a quick claim settlement. So, check the claim settlement process of the insurance company. Also, look for a policy that has a streamlined process and simplifies the claim experience, just like Zurich Kotak General Insurance does.
Check the claim settlement ratio
Lastly, check the claim settlement ratio of the insurance company as it indicates the percentage of claims that the company has settled. A high ratio is a better choice since it fosters trust on the insurer. For instance, Zurich Kotak General Insurance has a claim settlement ratio of 93.56% which shows that the company settles most of its claims and can be trusted for your new car insurance.
We'll walk you through buying insurance for your new car
Click on the "Get a Car Insurance Quote" button on the Zurich Kotak car insurance page
Fill in the required details such as registration number, model, make, etc.
Fill in you personal details and make the payment online.
Intimate Claim
Quick Verification
Instant Settlement
Learn some savvy tips to avoid actions that raise your car insurance costs
One of the most important factors affecting car insurance premiums is your driving history. By avoiding traffic violations will help keep your premiums lower.
Generally, high-performance or luxury vehicles, tend to have higher premiums. It is advisable to research comprehensive insurance premium before purchasing a car.
Opting for higher deductibles can lower your premiums. The deductible is the amount you’re responsible for paying out of pocket before your insurance cover kicks in.
Paying bills on time and maintaining a good credit score can result in lower insurance rates.
Periodical review of your insurance coverage ensures you have appropriate level of protection.
Here's why online car insurance renewal is a win for you
Follow these quick steps to renew your car insurance policy and keep your car protected always
Your car insurance is just a click away. Visit the Zurich Kotak car insurance page to get your car insurance quote.
Click on Zurich Kotak car insurance renewal and choose the car insurance policy that you want to renew
Enter your policy number and mobile number and click on ‘Submit’.
Your policy number will be verified and you will be able to check the details of your existing policy. You can continue to renew renew the existing policy or make changes.Your policy number will be verified and you will be able to check the details of you
Pay the renewal premium and your policy will be done instantly!
Renew your old car with ease, we're here to help
With Zurich Kotak General Insurance, you can renew car insurance policy by just entering your existing policy number or customer ID on the page. Once your policy number/customer ID is verified, you can make the payment to renew your insurance instantly. Want to renew your car insurance policy? Zurich Kotak General Insurance makes your job easy! Zurich Kotak car insurance can be done online in a few simple steps. Read on how –
Click on Zurich Kotak car insurance renewal and choose the car insurance policy that you want to renew
Enter your policy number and mobile number and click on ‘Submit’.
Your policy number will be verified and you will be able to check the details of your existing policy. You can continue to renew, renew the existing policy or make changes.
Pay the renewal premium and your policy will be done instantly!
Know the importance of renewing your car insurance to stay covered
Continuous coverage
Renewing your car insurance policy without a break ensures that you maintain continuous coverage. A gap in coverage is considered as a potential risk and it may result in higher premiums when you decide to get a coverage again.
Financial protection
Car insurance provides financial protection and stability against unexpected events like accidents, theft or damage to your vehicle. You will have to bear full cost of repair or replacement without insurance which can be substantial.
No loss of benefits
No-claims bonus or discounts are few benefits that accumulate over time for loyal customers. Renewing your car insurance policy can provide significant savings on your premiums and you can enjoy such benefits.
Filing a claim has never been this easy – we made sure of it
Call us on 1800 266 4545 (8 a.m. – 8 p.m.) and intimate us about your claim with the details of your policy.
Once your claim is registered, our customer support executive will provide you with a Claim Reference Number.
You will be required to submit the relevant documents, which may include your Driving License, RC Copy, and Policy FIR Copy, in accordance with the Policy terms and conditions.
An arrangement will be made by us for an inspection, it will be conducted within 24 hours if a claim is reported on a working day, or the next working day if the claim is reported on a Sunday or a public holiday.
On cashless facility confirmation, the vehicle can be repaired at a preferred network garage, on payment made directly to the garage.
You will only be required to pay the deductible as mentioned in the policy, and the depreciation value, salvage, etc., as informed by the surveyor.
Call us on 1800 266 4545 (8 a.m. – 8 p.m.) and intimate us about your claim with the details of your policy.
Once your claim is registered, our customer support executive will provide you with a Claim Reference Number.
You will be required to submit the relevant documents, which may include your Driving License, RC Copy, and Policy FIR Copy, in accordance with the Policy terms and conditions.
An arrangement will be made by us for an inspection, it will be conducted within 24 hours if a claim is reported on a working day, or the next working day if the claim is reported on a Sunday or a public holiday.
Post work approval by the insurer, the vehicle can be repaired by the policyholder at the garage of their choice.
Submit all bills, payment receipt along with your policy details to us, and we will make the payment within 7 working days of completion of the documentation
Get familiar with the documents needed for speedy claim process. To raise a motor insurance claim under different situations mentioned above, you will require the following documents.
Registration Certificate (RC) Copy
Policy Copy
Policy holder's valid ID proof
Drivers Driving license
FIR Copy (In case of theft and TP claim)
Duly filled Claim form
Any further requirements will be conveyed basis inspection
Check out the KYC documents required for your car insurance purchase
The KYC (Know your customer) documents required to buy car insurance may vary depending on the insurance company and the jurisdiction you are in. However, here are some common documents that are typically required:
Identity proof
Address proof
Vehicle registration certificate
Previous insurance details
Driving license
PAN card
Here is your step-by-step guide to access your policy copy
Losing your car insurance policy may lead you to pay heavy fines, although you have one. But now, you can immediately download your car insurance policy copy from our website.
Enter your policy number
Enter your registered mobile number Or your registered email Id
Click on Get OTP
Type the OTP and click on download car insurance policy document
Our cashless network garages makes roadside assistance a sleek experience at the time of uncertainty
Buying a car insurance gives access to cashless network garages which provides convenience and hassle-free car repairs covered by Zurich Kotak General Insurance without the need for upfront payment.
There's always more to know about car insurance
Your guide to RTO offices. Get insights into different locations
RTO stands for Regional Transport Office and is a government body responsible for vehicle registration and issuance of driver’s licenses. Also, the RTO in each state is responsible for maintaining the database of its drivers and vehicles.
Easy access to more, check out these quick links
We've got you covered with car insurance for your favorite brands
Your city, your coverage so you pick the right car insurance!
Zero depreciation cover helps you protect your car against all physical damages caused to the car without factoring in the element of depreciation. Normally the insurer accounts for depreciation on your car's parts and therefore pay you your claim only after subtracting the amount of depreciation. But, with the Zero depreciation add-on, you get claim amount without deducting the depreciation.
First foremost, you have to apply for a car insurance transfer by paying a transfer fee along with the documents mentioned below:
Existing Insured's consent
New Customer's Proposal
Transferred RC Copy / Sale Proof
Inspection of Vehicle (If request received post 14 days of transfer)
NCB Recovery, if any
Recovery / Refund of ODPA, if any
Transfer Fee
Then hand over the new policy schedule to the new policy holder.
The IDV is an important factor that decides the price of car insurance. Insured declared value is a fixed value in a car insurance policy at which your car is insured. Few factors that impact IDV are:
Car type:
The value of the car depends upon its type. Generally, there are 3 types - SUVs, hatchbacks, and sedans. You may also find sports car variants or vintage cars. The value of an SUV is higher than a hatchback; similarly, a vintage car though old, has a higher value than most new cars.
Variant of the car:
Same cars of the same brand may have advanced features that place the car at a higher variant. The higher the variant of the car, the more the value of the car, which increases the IDV.
Purchase location:
The on-road price of the same cars varies across different locations. This change in price can change the value of the IDV of the same vehicle at different purchase locations.
Depreciation:
Depreciation is the reduction in the value of the car over the years due to general wear and tear. It is inversely proportional to the value of the car. The higher the depreciation lower is the car’s value.
Accessories:
The car accessories also depreciate over time and are also included in calculating the IDV of your car.
Your car insurance is just a click away.
Visit the Zurich Kotak Car Insurance page to get your car insurance online.
Click on the “Get Quote” button
Fill in the required details such as registration number, model, make etc.
Quote for car insurance will be generated basis the details submitted
Proceed to submit the proposer details
Make the payment
Car insurance policy document will be generated which can then be saved
No matter how much you pay for your car insurance, you can always get a discount on your car insurance premium with
No Claim Bonus on Car Insurance:
No claim bonus is a discount that is given to you if you have not raised any claim during the policy tenure. Retaining the no claim bonus helps you to get a higher discount every year on your car insurance renewal.
Security measures:
Installing anti-theft or security devices ensures that your car is safe from theft which in turn reduces your premium for car insurance policy.
While comparing car insurance quotes, buyers generally look for insurance policies that provide maximum coverage at the lowest premium. While this can be a factor but completely depending upon low premiums can be a big mistake. Instead, you must look at
The right IDV
Better services
Claim settlement ratio
Second hand car insurance is available for used cars. You can choose from a third party liability policy or a comprehensive one. Buying old car insurance is similar to buying new car insurance. You just have to go online, provide your car’s details, select the coverage that you need, add add-ons, if required and calculate the premium.
Pay the premium online and the second hand car insurance policy will be issued.
Zurich Kotak allows quick and hassle-free purchase of old car insurance. To buy old car insurance for your second hand car, you can simply follow the below-mentioned steps –
Visit https://www.zurichkotak.com/ and select ‘Car Insurance’
Enter the registration number of your car and your mobile number.
The details of your car will be displayed. If there are any changes, you can do the edits.
Check out the old car insurance plans available for your used car and their premium.
Select a suitable policy and click on ‘Buy Now’.
Fill up the proposal form and pay the premium online
Your policy will be issued instantly.
You should not let your car insurance lapse and renew it immediately if expired. In case you renew it after expiry, the following outcomes may follow:
If you have earned any No Claim Bonus over the last few years of the policy period, you might lose the same.
After your insurance expires, your car is not insured and that may put you and your car at considerable financial and legal risk in case of any.
Having at least third-party car insurance is mandatory by law, so in case you are charged under the law for driving without valid car insurance, you will get fined or face legal implications.
On-time car insurance renewals have multiple benefits. Have a look –
When the policy is not renewed on time, the coverage lapses. A lapse means that the coverage stops and any financial loss that you incur is not borne by the insurance company. With on-time car insurance renewals, you can enjoy uninterrupted coverage, without a break. In the case of an accident, theft or third party liability, the coverage will compensate you for the financial loss suffered.
Lapsed coverage is also problematic if you are caught by traffic authorities. They might charge a fine or a penalty for not having a valid insurance coverage. With on-time car insurance renewal, you have valid coverage and you can avoid legal hassles.
You can retain the no claim bonus that you have accumulated through the previous claim-free years.
Timely car policy renewal also eliminates the need of inspection which is usually required if you renew the policy after it has lapsed.
Lastly, on renewing car insurance timely, you can enjoy lower premiums since insurers might charge an additional premium if your policy has lapsed and the coverage is not active.
Renewing your car insurance is crucial to ensure seamless protection. At Zurich Kotak General Insurance, the renewal of car insurance is quick and hassle-free. It is advised to renew your policy before it expires, though, even if your car insurance policy has expired, all you need to do is enter your existing policy number or customer ID on the online car insurance renewal page. Once your policy number/customer ID is verified, you can make the payment to renew your car insurance instantly
To renew your car insurance policy for old cars, click here.
Select your desired car insurance plan
Enter your previous car insurance policy number
Enter your mobile number
And you can buy new car insurance for your old car
At Zurich Kotak General Insurance, we settle your car insurance claims within 7 days of submitting all your requisite documents. Also, the sooner you raise a claim, the sooner your car will get repaired and the sooner your claim will be settled.
For the car insurance claim process, you would need to
Inform us about the damage
Submit the claim intimation form
Submit all necessary information
We will send a surveyor for inspection within 24 hours.
Losing your car insurance policy may lead you to pay heavy fines, although you have one. But now, you can immediately download your car insurance policy copy from our website
Click on the link
Enter your policy number
Enter your registered Mobile number
Or
Your registered email id
And Click on Get OTP
Type the OTP and click on download car insurance policy document
To get the duplicate car insurance policy offline, you will have to
Inform the insurance provider about the loss of papers
File an FIR at the nearest police station
Need to publish an advertisement in your state newspaper
Need to submit an application to your car insurance provider for duplicate papers
Get an indemnity bond acknowledged by the notary
If you have lost your RC book, then you have to register a complaint with the police at the nearest police station. You must provide all the details about how and where exactly you lost your RC card. Then fill in the required forms and mention the registration number of your vehicle, model, your name and address, the chassis number of the vehicle, engine number, etc. The Regional Transport Office then provides an RC extract that can be submitted with other requested documents for filing the car insurance claim.
The cashless claim process in car insurance refers to a smooth way of settling insurance claims. It processes claims without any payment by policyholder for the repair expenses caused due to any damage or accident.
The reimbursement claim process is an alternative to the cashless claim process. In this process, the policyholder pays for the repairs or damages caused due to accident.
Product | UIN No. |
---|---|
Car Secure | IRDAN152RP0006V04201516 |
Written By : Zurich Kotak General Insurance - Last updated: Nov 4th, 2024