Many parts of India have been experiencing extreme rainfall, which has led to waterlogged roads and flood damage to vehicles. Having the right insurance plan with appropriate coverage can help cover expenses caused by damage to your vehicle. “It’s important to have comprehensive insurance because third-party cover alone doesn’t offer protection. However, while a comprehensive … Read more
Water-logging and flooding have become fairly common with the monsoon in force across the country. Vehicles, especially in low-lying areas, often bear the brunt of monsoon damages. To protect your vehicle from damages caused by floods, it’s crucial to have a comprehensive motor insurance policy. This type of policy includes both own damage and third-party … Read more
When selling your vehicle, you must transfer the associated insurance as well. This is because motor insurance is tied to the vehicle, not the owner. Failing to transfer the insurance policy can lead to legal issues if any damage involves a third party. While transferring a motor insurance policy, one of the common concerns is … Read more
ACKO General Insurance has joined forces with PhonePe to offer comprehensive car and bike insurance products directly to consumers on the PhonePe platform. This partnership marries ACKO’s customer-first approach with PhonePe’s massive distribution network, making insurance a readily accessible financial category for its users. An ACKO press release states, “The collaboration will also see ACKO … Read more
By Andy Jensen on August 21, 2020 in life hacks Who doesn’t love summer? The weather’s excellent, outdoor activities are aplenty, and kids enjoy being out of the classroom for three months. But while the kids pretend the floor is lava, your car engine may also try to become lava. As summer temperatures rise, so does … Read more
Can NCB be transferred to sandbox motor policy?Under the regulatory sandbox guidelines, many insurers have come up with new motor insurance policies based on the concept of how much you actually drive your car. These types of motor insurance policies can help you save on premiums significantly. Source link