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Car Insurance

There are two statistical facts which when considered in the light of the modern world seem especially crucial – about six percent of the total number of car accidents across the globe occurs in India and more than half of the commuters living in metropolitan cities of India are pre-disposed towards road rage. This shows that not only are car accidents rampant in India, it also indicates that Indian drivers are extremely stressed, making them prone to lash out on fellow commuters.

There is no easy answer to such problems, but the purchase of car insurance guarantees one fundamental aspect – lower stress, increased peace of mind as well as a higher level of preparedness on the road. These are the necessary ingredients for avoiding the rampant troubles of Indian roads, both physical as well as mental.

What is Car Insurance?

There are numerous types of mishaps that could render your beloved car useless for you – natural disasters, accidents, theft, and other unforeseen circumstances. Even though these are all especially frightening prospects, especially when you lose your loyal long distance as well as daily commute companion, the financial losses that you bear under such circumstances as a victim are even more of a burden.
Opting for a car insurance policy can protect you from these financial losses.

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Fact File: Car insurance in India is compulsory for all car owners as per the Motor Vehicle Act of 1988. Due to the obligatory nature of car insurance, the best way forward is to choose a policy that best fits your budget and lifestyle.

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Types of Car Insurance

Comprehensive Car Insurance - Icon

Comprehensive Car Insurance

As the name suggests, a comprehensive car insurance policy provides complete protection against financial losses that may arise from damages to both your car as well as any third-party who might have been involved in the mishap. Fire, natural disasters, burglary, and several other mishaps are included under this policy.

Third-Party Car Insurance - Icon

Third-Party Car Insurance

This type of car insurance plan covers only the costs incurred by a third-party due to damages resulting from an accident/mishap involving your car. This covers third party liability for bodily injury and/or death and property damage. Personal Accident Cover for owner driver is also included.

Own-Damage Car Insurance - Icon

Own-Damage Car Insurance

This is a stand-alone car insurance policy that covers accidental damage to your own car, due to road mishaps and other man-made disasters, such as riots, strikes, burglary and theft, as well as natural disasters such as cyclones, floods, and earthquakes. A pre-defined condition for purchasing this policy is that one should have an active third-party car insurance for the vehicle on which the stand-alone own damage policy is to be issued.

Why You Should Buy a Car Insurance Policy

Some of the core reasons behind purchasing a car insurance policy are as follows:

  • Keeping up with Obligations

    It is mandatory to have at least third-party car insurance on your vehicle while driving on Indian roads.

  • Avoiding Fines

    Driving your vehicle without insurance can result in anywhere between INR 2,000 (the fine for the first offence of driving without insurance policy) and/or up to 3 months of imprisonment. For second time offence, INR 4,000 in traffic fines and/or up to 3 months of imprisonment.

  • Being Prepared

    Car insurance coverage includes personal accident coverage of up to INR 15 lakh for death /specified injuries sustained by you during accidents.

  • Accessing Cashless Garages

    Being a car insurance policyholder guarantees you access to a vast network of thousands of cashless garages for seamless post-damage servicing of your car.

  • Enjoying Additional Benefits

    As a reputed car insurance company, our policies not only provide coverage against most forms of damage to your car, they also come with more than 10 add-ons, such as zero depreciation cover.

Why Choose Royal Sundaram Car Insurance?

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Hassle-free Claims
Process
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Trusted by
28 Million Indians
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Affordable
Premiums
Car Insurance Policy

Key Benefits of Royal Sundaram Car Insurance

There are several aspects of our car insurance policies that make them some of the best options in a highly populated and cluttered market.

Save Up To 70% On Car Insurance Premiums - Icon
Save Up To 70% On Car Insurance Premiums
5000 Cashless Garages - Icon
Gain access a
network of over 5000
cashless garages
Car Insurance Add-Ons - Icon
Enjoy the benefits of
over 10 add-ons

New Developments Compulsory Personal Accident Cover

Ever since the implementation of the Motor Vehicles Act in 1988, third party car insurance has been obligatory, without which penalties, fines and a whole other suit of problems could follow. However, in recent times, specifically in the year 2019, an amendment made to the Motor Vehicles Act has resulted in personal accident cover being mandatory for drivers on Indian roads.

This amendment was especially ushered in due to the fact that expenses on healthcare due to personal injuries during accidents are now reaching soaring heights. In such scenarios, mandatory personal accident cover helps in ensuring that coverage for not only your obligations towards others, but yourself as well.

There are two core policy changes pertaining to personal accident cover as an obligation:

  • It is mandatory to have INR 15 Lacs Personal Accident cover.
  • The above-mentioned policyholder is not required to purchase Personal Accident cover when he/she buys a new vehicle or insures another vehicle in his/her name.

What is Covered by Royal Sundaram Car Insurance Policy?

Car Insurance Coverage For Natural Disasters - Icon
Coverage for major types
of natural disasters
(earthquakes, floods, fires,
etc)
Car Insurance Coverage For Man-Made Disasters - Icon
Coverage for major types
of man-made disasters
(terrorist activities, theft,
etc)
Personal Accident Cover - Icon
Personal
Accident Cover
of INR 15 lacs

Multiple Car Insurance Add-ons to Boost Your Coverage

  • Depreciation Waiver Cover

    Depreciation Waiver Cover

    The value of a car keeps going down with time, but with this add-on, you will get fully reimbursed without any deduction for depreciation on the value of parts being replaced.

  • Windshield Glass Cover

    Windshield Glass Cover

    If your windscreen glass accidentally breaks and needs to be repaired or replaced, we will reimburse this without your No Claim Bonus getting affected provided your claim is only for windscreen glass damage.

  • Vehicle Replacement Value plus Cover (Invoice cover with several plans)

    Vehicle Replacement Value plus Cover (Invoice cover with several plans)

    With this add-on, In case of theft or total damage of your car, you will get full reimbursement on the invoice amount (Ex showroom price only), road tax amount, registration charges and insurance cost. Just like your car value didn’t depreciate at all (Based on the option selected by you).

  • Loss of Baggage Cover

    Loss of Baggage Cover

    This cover provides reimbursement in the case of loss or damage to baggage placed in your car.

  • Spare Car Clause

    Spare Car Clause

    We will take care of you while your car is in the service shop. This add on gives you daily cash benefit to cover travelling expenses while your car is being repaired.

  • NCB Protector

    NCB Protector

    This add-on lets you make up to two Own Damage claims without affecting your No Claim Bonus.

  • Key Replacement Cover

    Key Replacement Cover

    If your car keys are lost or damaged we will cover the cost for repair/replacement of keys, including labour costs.

  • Tyre Cover

    Tyre Cover

    Normally, damage to tyres and tubes are covered in a standard policy only if the vehicle has met with an accident resulting in damage to the tyres and/or tubes. This add-on covers damage to the tyres and tubes without the vehicle meeting with an accident.

  • Aggravation (Damage)Cover Clause

    Aggravation (Damage)Cover Clause

    Driving in the rain is stressful indeed. This add on covers losses due to damage to engine, gear box, transmission or differential, and power steering pump internal parts caused by leakage of lubricating oil/coolant due to any accidental means or water logging while being driven.

  • Voluntary Deductible Cover

    Voluntary Deductible Cover

    This add-on helps you save 15%-35% on your premium, by voluntarily agreeing to pay a stipulated portion of every claim amount yourself, while we pay for the damages in excess to your Voluntary Deductible.

  • Enhanced Personal Accident Cover

    Enhanced Personal Accident Cover

    This cover is an extension of Personal Accident Cover with maximum up to 50 Lakhs Capital Sum Insured. It is offered in multiples of 1 Lakhs.

  • Roadside Assistance Cover (2 plans of your choice)

    Roadside Assistance Cover (2 plans of your choice)

    This add-on provides you 17 various roadside assistance to you and your car.

  • Personal Accident Cover

    Personal Accident Cover for all passengers and paid driver up to a maximum of Rs. 50 lakhs per person

  • Legal Liability to your employees

    Legal Liability to your employees who might be driving or travelling in the car (other than paid driver)

  • Legal liability for your paid driver

    Legal liability for your paid driver

  • Comprehensive cover

    Comprehensive cover for electrical/electronic/ non-electrical fittings

  • Cover for CNG Kit

    Cover for CNG Kit and Bi-Fuel System as mentioned in the Registration Copy (RC) book.

For more terms and conditions -Click here for add-ons wordings

What's not Covered in Car Insurance Policy?

What's Not Covered In Car Insurance - Icon
Any financial losses incurred to the
vehicle while the policy is not in
force
What's Not Covered In Car Insurance Policy - Icon
Costs associated with fixing parts
subject to gradual wear and tear
What Not Cover In Car Insurance - Icon
Financial losses associated with
damages caused to vehicle while
driven by an individual without a valid driver's license

Comparison of Car Insurance Policy by Royal Sundaram

Covers under Car InsuranceThird-PartyOwn DamageComprehensive
Common Benefits
Damage due to accidentsNot AcceptAcceptAccept
Damage due to natural calamities – Earthquake, cyclone, floods, etc.Not AcceptAcceptAccept
Damage due to events like – Fire, Vandalism etc.Not AcceptAcceptAccept
Total loss due to TheftNot AcceptAcceptAccept
Cashless Network GaragesNot AcceptAcceptAccept
Add-On Cover for extra ProtectionNot AcceptAcceptAccept
Personal Accident CoverAcceptAcceptAccept
Damage to third party vehicle/ propertyAcceptNot AcceptAccept
Injury/death of a third-party personAcceptNot AcceptAccept
Get QuoteGet QuoteGet Quote

How to Select a Suitable Car Insurance Cover?

When it comes to sifting through car insurance online and selecting the policy that suits you best, there is a four-fold process that you can follow to ensure the right choice:

  1. 1. Note down your specific, personal needs when it comes to car insurance. It is important to be sure about why you need car insurance, keeping in mind your car type, driving style, lifestyle and financial stability
  2. 2. Compare the various plans available with Royal Sundaram, specifically keeping an eye on premium rates and coverage options
  3. 3. Select the plan that aligns best with your financial capabilities as well as the degree of coverage you think you need for your friendly four-wheeled companion
  4. 4. When selecting your plan, make sure you take a note of the online car insurance renewal date so that you can enjoy maximum benefits from NCB and other aspects. Also, make sure you go through the insurance documentation thoroughly so as to avoid any last minute surprises

Steps to Buy Car Insurance Online from Royal Sundaram

Once you have compared and picked out one plan that you feel is perfectly suited for you, follow these steps to commence the purchase process for your chosen policy:
  • Provide your details to the insurer so that you can obtain your instant car insurance quote for the policy that you have chosen. The basic information that you will be required to input at this stage includes your car number, car registration date, location, your mobile number and email Id. Then click on Get Best Price to get the quote.

  • Once you receive the car insurance price, you can select the policy cover type and then any add-ons that you would like to include.

  • You will add need to specify the payment mode that you prefer for the transaction, which can be Debit/Credit card, Net banking or Wallets. Upon completion of the payment, head to your email inbox and you will see that you have received the car insurance policy document from Royal Sundaram.

  • You will see a summary of the details you have given in the previous steps, and you’ll need to enter the engine number and chassis number. Click Proceed and enter the OTP sent to your number.

Information to keep handy to Buy Car Insurance

The necessary information required to complete your purchase of car insurance policy online at Royal Sundaram is really simple:
Information Required for Buying Car Insurance - Icon

Vehicle Registration Number

Information Required for Buying Car Insurance Policy - Icon

Mobile Number

Whereas for other insurance companies you may require tax receipts, your personal bank details, completed claims form, currently valid driver's license, etc. So, if you want to save time while purchasing car insurance online, Royal Sundaram is your go-to option.

What Happens if your Car Insurance Expires?

Make sure that you do not take car insurance renewal for granted, as there could be several repercussions of driving around with an expired policy.

  • If you are caught on the road driving with an expired car insurance policy, you will be liable to pay heavy penalties and fines
  • If you fail to renew your current car insurance policy within 90 days after it expires, you will not be able to claim your No Claim Bonus, thereby missing out on a potential 50% discount
  • If you are caught in an accident, or your vehicle is involved in an incident of theft, or if it is damaged due to natural disasters of any kind, under an expired policy you will receive no compensation or financial support for the damages incurred
  • If you fail to renew your car insurance policy in time, your selected plan might be subject to the periodic price fluctuations that impact insurance markets, thereby forcing you to shell out more than you were paying initially

How to Renew Car Insurance Online?

Whenever you find yourself with an expired motor car insurance policy, hop onto the Royal Sundaram website and follow the steps given below for easy and seamless renewal:

  • Head to the website section titled “insta renew”
  • After this, you need to click on the specific car insurance policy that you wish to renew
  • After this, you need to click on the specific car insurance policy that you wish to renew
  • Once the policy and the add-ons are selected, you will be shown the premium amount that you need to pay
  • Completion of payment will confirm that your car insurance policy has been renewed.
  • Once here, you will be required to add certain specific details, such as existing policy number and expiry date
  • At this point, you have the chance to either remove or include any add-ons into your existing policy
  • At this point, you have the chance to either remove or include any add-ons into your existing policy
  • Choose your preferred payment method and initiate payment of premium

How to Claim your Car Insurance?

In the event of a claim, inform Royal Sundaram immediately using any of the below options.

Our customer service executive will be happy to help you with the claims procedure. When intimating a claim, please have your policy details handy along with information regarding the incident.

Also visit our claims page to know more here -Royal Sundaram Car Insurance claims procedure

How to Calculate Car Insurance Premium?

Several car insurance premium calculators are available on online, which allow you to easily calculate the premium on a specific policy that you have your eye on. Here is a short and concise guide on how to use the premium calculator for a car insurance policy:
  • Enter details of your car into the calculator, such as engine capacity, model, variant and brand

  • Choose the registered location of your car from the menu provided

  • Select the year in which your car was purchased

  • Choose “Yes” or “No” as to whether you made any claims in the past year

  • Once these details are entered, you need to enter your mobile number and name, after which you will receive an OTP on your phone which can be used to access premium rates as per your personal information

Several factors, such as the age of the car owner, the type of fuel being used in your car (LPG, CNG, etc), as well as cubic capacity (cc) and car manufacturing year all contribute towards the final premium that is calculated at the end of the process.

Customers Review our Car Insurance

4.4/5 stars
StarStarStarStarStar
Quotes
Royal Sundaram does not fail to impress. My claims process was handled very well, without any types of delays or inconsistencies. When it comes to car insurance, they know what they are doing.
Profile
Madhav
Quotes
Had a recent experience with them pertaining to a minor accident I was involved in. Speaking from previous experience, I feel that Royal Sundaram helped me through such an intense experience without any major mental strain. Repairs due to damages as well as third-party issues, all were handled so impeccably that within a few days I was already moving on with life. Would urge everyone looking for professional and unconditional service to buy car insurance online from Royal Sundaram.
Profile
Jayant

Frequently Asked Questions About Car Insurance

Have a question on Car Insurance? Search for it.
Car Insurance FAQs
What is car insurance?

Driving on roads may be a pleasant experience, however, one has to consider the safety factor equally well. Even a skilled driver cannot avoid the risk factor while driving. A little bump or minor accident in such cases can result in huge loss. Thus, the only best way to remain prepared against such circumstances is to buy a car insurance. It's the smartest way to financially secure you and your car.

So, when you buy a vehicle, be it a bike or car, you must get it insured before you start driving it on the road. Remember, a car insurance policy is not a choice, it's a necessity and mandatory by the Motor Vehicles Act in India.

A few key benefits

  • Protection for loss or damage caused to your car
  • Indemnity for third-party property damage up to a certain limit of Rs. 7.5 Lakhs
  • It provides personal accident cover to you, your paid driver as well as the occupants in the car.
  • It offers unlimited liability cover for third party injury claims/third party death.
What's covered under a car insurance policy?What's covered under a car insurance policy?
  • It covers your vehicle against accidents, theft, disasters such as fire, earthquake, floods, etc.
  • Damage caused to somebody else vehicle or property
  • Paid driver, employees or any unknown passenger
  • It covers your family members (including you) with personal accident policy
  • Injury or death of another individual due to an accident caused by you
What's not covered under a car insurance policy? What's not covered under a car insurance policy?

Heres a list of things not covered under a car insurance policy:

  • This excludes mechanical/electrical breakdown
  • Damage caused by an individual under the influence of drugs or alcohol
  • Damage caused by a person who is driving the car without a valid license
  • Normal wear and tear, depreciation or any other consequential loss
  • Loss or damage due to nuclear risk or war
  • Wear and tear of consumables such as tyres and tubes

So, it can be fairly said that an insurance policy is a must for every car owner. Besides, there are multiple policies available in the market these days. Royal Sundaram's comprehensive car insurance package lends safety to you as well as your car.

Why do I need a Car Insurance Policy? Why do I need a Car Insurance Policy?

Car is your prized possession! Availing a comprehensive insurance policy is prudent, which not only covers your car, but also your family members or passengers in your car.

A Car Insurance Policy is mandatory under the Motor Vehicle Act. Every car owner must have an insurance which covers third party injury, death or property damage. With Car Insurance, you can cover-

  • Car against theft, accidents, disasters such as floods, earthquake, fire, etc.
  • Family members (including self) with Personal Accident Policy
  • Paid driver, employees or any unnamed passenger
  • Damage to someone else's car or property
  • Injury/Death of another person due to accident caused by you
What is third party? What is third party?

Third party refers to people who are not your family members or property you don't own.

What are the different types of Motor or Car Insurance Policies and what does it cover? What are the different types of Motor or Car Insurance Policies and what does it cover?

There are 2 types of Car Insurance.

1. Third Party Policy - This is a Liability Only Policy and covers all third party liabilities such as -

  • Bodily injury or death of third party
  • Property Damage of third party

Personal Accident cover for Owner-Driver is also included in Third Party Insurance.

2. Package Policy - This covers Loss or Damage to the vehicle insured (Own Damage) in addition to the Third party cover. It is also known as comprehensive cover. You can cover your car against damage due to -

  • Road accidents
  • Theft
  • Fire accidents
  • Natural disasters such as flood inundation, lightning, cyclone, etc
  • Riot or strike

Covering your car with at least Third Party Insurance is mandatory, as per the Motor Vehicles Act.

What is meant by Private Car? What is meant by Private Car?

The Private Car is the one that is used for social, domestic and pleasure purposes and also for business purposes excluding the carriage of goods other than samples by the insured or his employees.

What is break-in-insurance? What should I do if I have a break-in-insurance? What is break-in-insurance? What should I do if I have a break-in-insurance?

Break-in-insurance is when the Policy lapses due to non-renewal of the Policy on time. As per the law, an owner should cover his/her car with at least third party insurance at all times. If you have a break in your car insurance, you can-

  • Approach another insurance company to renew policy-if it has been less than 90 days since the Policy lapsed. In this case, you may be able to retain your No Claim Bonus.
  • Obtain a new Insurance Policy-if it has been more than 90 days since the Policy lapsed
  • In either case, you have to get your car re-inspected
What is deduction for depreciation? What is deduction for depreciation?

In every car, the metal, rubber, nylon and plastic parts are subject to deduction for depreciation. During a Claim, if there is any damage to these parts, it will not be fully covered. The coverage will be as per the percent of depreciation.

AGE OF PRIVATE CAR % OF DEPRECIATION
Not exceeding 6 months Nil
Exceeding 6 months but not exceeding 1 year 5%
Exceeding 1 year but not exceeding 2 years 10%
Exceeding 2 years but not exceeding 3 years 15%
Exceeding 3 years but not exceeding 4 years 25%
Exceeding 4 years but not exceeding 5 years 35%
Exceeding 5 years but not exceeding 10 years 40%
Exceeding 10 years 50%
Why should one have a comprehensive car insurance policy, when the law mandates insurance only for 3rd party injury, death, property loss? Why should one have a comprehensive car insurance policy, when the law mandates insurance only for 3rd party injury, death, property loss?

Accidents can occur at any time, any place, even if it is not your fault. But with Insurance you can recover from it financially. With comprehensive car insurance, the Insurer will protect you against any loss or damage to the Private Car and its accessories during following unforeseen events:

  • Fire, explosion, self ignition or lightning
  • Burglary, housebreaking or theft
  • Riot or strike
  • Earthquake (fire and shock damage)
  • Flood typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost
  • Accidental external means
  • Malicious act
  • Terrorist activity
  • Whilst in transit by road, rail, inland- waterway, lift, elevator or air
  • Land slide, rock slide
When is an endorsement required? When is an endorsement required?

An endorsement is a document that incorporates amendments and additions in the existing terms of the policy. It is a written evidence of an agreed change to policy. If the policyholder needs to purchase more coverage, add riders or change the scope of the existing insurance policy, they can approach the insurance company to make the required changes by way of an endorsement.

An endorsement can be issued at the time of purchase, mid-term or during renewal period. It can be used to provide additional benefits and cover (e.g., legal liability to driver) or to impose restrictions (e.g., accidental damage deductible). Subsequently, any amendments regarding policyholders documents such as change of name, change of address, change of vehicle, etc. can also be implemented by way of an endorsement. The wordings of those endorsements are provided in the tariff.

What are the factors that determine the premium rating for Private Cars? What are the factors that determine the premium rating for Private Cars?
  • Insured's Declared Value (IDV)
  • Cubic Capacity of the vehicle
  • Geographical Zones
  • Age of the vehicle

The geographical zones are-

  • Zone A - Ahmedabad, Bangalore, Chennai, Hyderabad, Kolkata, Mumbai, New Delhi and Pune
  • Zone B - Rest of India
What are the discounts that can be allowed under Private Car policies? What are the discounts that can be allowed under Private Car policies?

The discounts that can be allowed under the Private Car policies are:

  • Voluntary Deductible discount
  • No Claim Bonus
  • Automobile Association Discount
  • Discount on Vintage Cars
Can a customer cancel his policy during the tenure of his policy? Can a customer cancel his policy during the tenure of his policy?

Yes, the policy can be cancelled by the customer within 7 days notice to the Insurer and the company will cancel the policy on Short period basis and refund of premium if any, will be made. The refund will be subject to no claim under the policy and retention of minimum premium of Rs.100/-. But cancellation would be made only after ensuring that the vehicle is insured elsewhere at least for Liability Only policy.

Is it possible to cancel my car insurance claim? Is it possible to cancel my car insurance claim?

A customer can withdraw the claim lodged by submitting a request in writing to the insurance company.

What are the benefits of buying car insurance online? What are the benefits of buying car insurance online?
  • No paperwork is required to buy your insurance policy online
  • Instant policy issuance
  • Multiple payment options via Credit Card, Debit Card or Net Banking
  • Highest levels of security.
What are the changes I'm allowed to make in my policy? What are the changes I'm allowed to make in my policy?

A change can be affected in policy by way of an endorsement to include additional benefits and cover.

What are the documents required to buy car insurance policy online? What are the documents required to buy car insurance policy online?

No paperwork is required to buy your insurance policy online except for break in cases where VIR will be required and the policy would only be issued subject to a satisfactory inspection and submission of the required documents.

What are documents required to Renew my Car Insurance Policy Online? What are documents required to Renew my Car Insurance Policy Online?

No paperwork is required to buy your insurance policy online except for break in cases where VIR will be required and the policy would only be issued subject to a satisfactory inspection and submission of the required documents.

What is Road Side Assistance (RSA)? What is Road Side Assistance (RSA)?

Roadside assistance are services that assist insured when vehicle has suffered a mechanical failure due to accident / breakdown.

When should I opt for the Road Side Assistance service? When should I opt for the Road Side Assistance service?

It can be opted in event of breakdown of the vehicle due to accident or mechanical failure.

Am I eligible for a discount if I am a member of Automobile Association of India? Am I eligible for a discount if I am a member of Automobile Association of India?

For valid membership of recognized Automobile Associations a discount @ 5% of the Own Damage premium, subject to a maximum of Rs.200/- for a Private Car and maximum of Rs.50/- for a Motorized Two Wheeler may be allowed.

What is Insured Declared Value (IDV)? And how is it calculated? What is Insured Declared Value (IDV)? And how is it calculated?

IDV stands for Insured Declared Value. It's the current market value of your car that can be calculated by depreciating the current manufacturer's listed selling price of the vehicle with depreciation percentage as per the Indian Motor Tariff. Manufacturer’s listed selling prices consists of local duties/taxes, which excludes insurance and registration. For those vehicles that are outdated or exceeding 5 years of age, IDV value will be the value accepted by both- the insurance company and insured. Besides, the value of obsolete vehicles and those exceeding 5 years of age is evaluated by our assessment team with the help of several resources such as second hand car dealers, IMAs, panel of Surveyors, etc.

The depreciation value of your vehicle is based on the following schedule

AGE OF PRIVATE CAR % OF DEPRECIATION
Not exceeding 6 months 5%
Exceeding 6 Months but not exceeding 1 Year 15%
Exceeding 1 Year but not exceeding 2 Years 20%
Exceeding 2 years but not exceeding 3 years 30%
Exceeding 3 years but not exceeding 4 years 40%
Exceeding 4 years but not exceeding 5 years 50%
What are electrical/electronic and non-electrical/non electronic accessories in a private car? What are electrical/electronic and non-electrical/non electronic accessories in a private car?

Electrical/electronic items which are not supplied by the vehicle manufacturer along with the vehicle are called electrical/electronic accessories. E.g., Music system, LCD mini TV, Fog lights, etc do not come along with the vehicle. Non-electrical fittings include CNG-kit, interior fittings, alloy wheels, etc.

What is No Claim Bonus? Under what circumstances No Claim Bonus (NCB) can be allowed? What is No Claim Bonus? Under what circumstances No Claim Bonus (NCB) can be allowed?

No Claim Bonus is a reward for filing no claim in the previous year. It can be accumulated over a period of insurance. NCB starts with 20% and goes up to 50%

  • NCB becomes nil in case of a Claim
  • NCB follows the fortunes of the customer and not the vehicle
  • The validity period to reclaim NCB is 90 days from the date of Expiry of the policy
  • NCB can be utilized within 3 years (in case if the existing vehicle is sold and a new car is purchased)
  • NCB recovery to be done in case of a Name Transfer
  • NCB gets transferred to the legal heir in case of Death of customer
  • NCB can be transferred to a new vehicle in case of Substitution of vehicle of the same class
  • NCB earned abroad can be given in India
What is Voluntary Deductible? How does it help me? What is Voluntary Deductible? How does it help me?

During a Claim, if you wish to bear part of the Claim amount, you can do so under Voluntary Deductible. By bearing a part of the Claim amount, you can earn discount of 15 % to 35% in the Premium of Own Damage or Policy.

What is ARAI? What is ARAI?

ARAI stands for Automotive Research Association of India.

What is NCB Protector Cover? What is NCB Protector Cover?

The NCB Protector protects earned No claim Bonus, in the event of an Own Damage claim made for Partial Loss including claims for Windshield glass, Total Loss and theft of Vehicle/accessories.

What is Personal Accident Insurance cover under Car Insurance? What is Personal Accident Insurance cover under Car Insurance?

The company undertakes to pay compensation for bodily injury / death sustained by the owner-driver of the vehicle upto Rs. 15 lakh, in direct connection with the vehicle insured. For nature of injury and scale of compensation, please refer to the policy wordings.

How to obtain a Third Party only cover? How to obtain a Third Party only cover?

Please contact nearest branch office (details available in our website) for further details.

How electrical and non-electrical accessory values are calculated? How electrical and non-electrical accessory values are calculated?

Electrical and Non Electrical accessories values are taken as per invoice copy submitted for such accessories and for each subsequent renewal value is depreciated as per depreciation chart applicable for insured vehicle.

What does Add-On Cover mean? What does Add-On Cover mean?

The base Private Car policy covers many risks. There are a few other risks which are not covered and these risks are sought to be covered by way of add-on covers. The idea behind the add-on covers is to offer customized and value added services to specific segments of the society keeping in mind their requirements and need for complete protection against uncovered risks.

What are the different types of risk not covered by my Car Insurance policy? What are the different types of risk not covered by my Car Insurance policy?
  • Normal wear and tear and general ageing of the insured vehicle
  • Depreciation or any consequential loss
  • Vehicle used otherwise than limitations as to use
  • Damage by a person driving any vehicle without a valid license
  • Damage by a person driving the vehicle under the influence of drugs or liquor
  • Mechanical/electrical breakdown
  • Wear and tear of consumables like tyres and tubes unless the vehicle is damaged at the same time
  • Loss/damage due to war, mutiny or nuclear risk
What does car insurance cover in India? What does car insurance cover in India?

Car insurance is not a choice, it's a necessity. In fact, it's the safest way to protect yourself and your car from financial emergencies. Choosing the best car insurance as per your needs is not rocket science. However, you need to have a good knowledge of your insurance requirements. And as a customer, it is important for you to be informed about your car insurance policy and understand all the benefits that come under it.

Loss or damage to your car “ This covers loss or damage caused to the vehicle due to these following natural and man-made calamities

  • Riot and strike
  • Fire and explosion
  • Malicious acts
  • Terrorism
  • Earthquake
  • Landslide
  • Theft/housebreaking or burglary
  • Storm and flood
  • Accidental and external damage

Exclusions

  • Depreciation or any consequential loss
  • Damage caused by an individual driving a car without valid license
  • Damage caused by an individual driving the vehicle due to the intake of drugs or alcohols
  • Mechanical or electrical breakdown
  • Normal wear and tear

Third-party liability cover Third-party cover is compulsory for the vehicle under the Motor Vehicles Act, 1988. The insured person is first party, insurance company is second party, and the individual the policyholder has injured is the third party. This policy does not provide any benefit to the policyholder. Although, it covers policyholder's legal liability for the loss or damage caused to the third-party property or death/disability of third party.

Inclusions:

  • It offers legal protection for injury or death claims from third party
  • It includes legal costs and expenses
  • It provides legal protection for damage caused to third party property

Exclusions:

  • Damage caused to your personal property
  • Costs and expenses without any prior consent

Personal accident cover This covers the policyholder against accidental death or disability caused due to an accident. The insurance company pays a compensation of up to 15 Lakh for bodily injuries or death sustained by the driver or owner of the vehicle.

Several insurance companies offer car insurance plans in India for car owners. The above-mentioned coverage is provided by Royal Sundaram; it offers you a comprehensive coverage covering all the possible unfortunate events.

I plan to add an LPG/CNG kit in my car. Will it be covered by the Insurance? I plan to add an LPG/CNG kit in my car. Will it be covered by the Insurance?

Yes, it will be covered, provided-

  • You have a comprehensive car insurance policy
  • LPG/CNG kit is endorsed in your RC (Registration Certificate) book by the RTO (Road Transport Office)
What to do in case of an Own Damage Claim? What to do in case of an Own Damage Claim?
  • In the case of a severe accident or damage to your vehicle, arrange for medical attention to anyone injured at the spot. Take down details of other vehicles involved in the accident.
  • If it is not be possible for you to move your car, ensure your vehicle is protected from further damage at the spot. Don’t start the engine and avoid driving your vehicle if the vehicle is not in drivable condition.
  • In the case of death, injury, theft, burglary, third-party property damage, house break or damage due to malicious acts like strike, riot, and terrorist activity, inform the nearby police station immediately.
  • Call the insurance company as soon as possible to intimate a claim. We will guide you about the claims process and the requirements to process a claim.
  • Please do not dismantle or start repairs before the vehicle is inspected by Royal Sundaram.
  • We require the following documents to process your accident claim
    • Duly completed claim form signed by the insured
    • Driving License of the driver at the time of accident “ Photocopy along with original for verification and return. For some cases, self attested photocopy is also accepted.
    • Registration Certificate of the vehicle Photocopy along with original for verification and return. For some cases, self attested photocopy is also accepted.
    • Other documents may be requested depending on the requirements of the claim
  • For a theft claim, inform the insurance company immediately, even if the police have not been informed yet and we will explain the entire process to you. However, it is important to file a First Information Report with the police as soon as possible.
Had a fender bender? Here's how you can claim for minor dent under your car insurance policy. Had a fender bender? Here's how you can claim for minor dent under your car insurance policy.

Being in a car accident is painful, regardless of the extent of damage. Seeing a scratch or dent on your beloved car will break your heart. Well, car insurance is here to help.

If you have an accident, you must ensure to inform the insurance company immediately. Your insurer will explain the claim process in detail and the requirements. They will also help in identifying a garage where your vehicle will be repaired on priority and added value services may be availed

Here's a brief step by step procedure on making an own damage claim under your motor insurance policy:

  • Inform the insurance company immediately upon occurrence of an accident or loss.
    • You will need to keep your policy handy
    • Describe how the incident happened, when and who was driving
    • Contact information may be sought from you
  • If there is third party involvement (death, injury or property damage), inform the police and obtain an FIR.
  • You need to submit some documents:
    • Duly filled claim form signed by the insured
    • Copy of Registration Certificate
    • Copy of Driving License (of driver at the time of accident)
    • Other documents may be requested based on the claim
  • Your vehicle will be inspected by the insurance company. Make sure you do not disassemble the vehicle or start repairs before inspection
  • Once the repairs are complete, you will need to either pay your share of the claim (for cashless claims) or pay the full amount and submit the bills for reimbursement (for non-cashless claims)

Before making a claim however, make a quick calculation on the potential No Claim Bonus you may lose on renewal. Sometimes, it may be more economical to not claim for very minor damages and protect your No Claim Bonus for your car insurance.

Being in a car accident is painful, regardless of the extent of damage. Seeing a scratch or dent on your beloved car will break your heart. Well, car insurance is here to help.

If you have an accident, you must ensure to inform the insurance company immediately. Your insurer will explain the claim process in detail and the requirements. They will also help in identifying a garage where your vehicle will be repaired on priority and added value services may be availed

Here's a brief step by step procedure on making an own damage claim under your motor insurance policy:

  • Inform the insurance company immediately upon occurrence of an accident or loss.
    • You will need to keep your policy handy
    • Describe how the incident happened, when and who was driving
    • Contact information may be sought from you
  • If there is third party involvement (death, injury or property damage), inform the police and obtain an FIR.
  • You need to submit some documents:
    • Duly filled claim form signed by the insured
    • Copy of Registration Certificate
    • Copy of Driving License (of driver at the time of accident)
    • Other documents may be requested based on the claim
  • Your vehicle will be inspected by the insurance company. Make sure you do not disassemble the vehicle or start repairs before inspection
  • Once the repairs are complete, you will need to either pay your share of the claim (for cashless claims) or pay the full amount and submit the bills for reimbursement (for non-cashless claims)

Before making a claim however, make a quick calculation on the potential No Claim Bonus you may lose on renewal. Sometimes, it may be more economical to not claim for very minor damages and protect your No Claim Bonus for your car insurance.

What is 'compulsory deduction/deductible' under Car Insurance? What is 'compulsory deduction/deductible' under Car Insurance?

During a Claim, certain minimum amount is deducted from the Insured. The amount deductible is given below:

  • For Private Cars up to 1500 CC, it is Rs 1000
  • For Private Cars above 1500 CC, it is Rs 2000