The ‘Smart Drive Private Car Insurance’ will be offering monetary protection towards the damage to a automobile as a result of accident, theft, together with natural or man-made disasters. The insurance plan may even shield any other person in case of injury or harm to property because of the accident. However, a comprehensive automobile insurance coverage may be enhanced by way of add-on covers by paying extra premium. One of the preferred add-on insurance covers in the auto insurance area is the zero-depreciation cowl. Also known as nil depreciation cover or bumper to bumper insurance, this add-on plan lets you recover the entire price of replacing car parts with out having to pay for depreciation.
The agent who work with us as a colleague provided me this policy. I’m getting a no claim bonus and street side help as well. By online randomly I have chosen the car insurance from HDFC Ergo. I pay the premium amount of Rs. 19,000 on a yr and they’re giving me IDV worth of Rs. 1.70L. This is a comprehensive policy which covers for one hundred%. I have a claim expertise which is nice however I need to pay the claim fee of Rs. 1000.
During The Co
You would want a proof of no claims solely in case you are renewing your insurance with a unique insurance provider. In this case, you can ask your previous insurer to issue a letter confirming the No Claim Bonus accumulation.
This cowl is simply provided to vehicles which might be lower than 5 years old. This article educates you on the nuances of the zero depreciation cowl. If you’re renewing your insurance coverage together with your present insurer, you don’t want a proof. Your insurance firm will have an entire document of the claims that you’ve …