On Policy Bazaar you have to fill a few simple details like make of the car, model, variant, year of manufacture, etc.
You will then get quotes from various insurance providers.
Step 4: To get new insurance quotes, key in all the above-mentioned details in the form and click on the ‘Next’ button.
There are primarily 3 types of car insurance - Third Party car insurance provides cover against any legal liability to a third party caused when you are at-fault driver.It covers damage/injury caused by you to another person/property.Car Insurance or motor insurance covers for losses that you might incur if your car gets damaged or stolen.The premium amount of your car insurance is decided on the basis of Insured Declared Value or IDV of the vehicle.It pays the insured for damage caused by collision which is usually an accident.
Damage or loss due to theft or vandalism is not included in collision coverage.
After clicking the button, a form will appear where you have to fill in your details.
After completing the form, click on ‘Apply Discount’.
You must be familiar with the following terms while filling the form: This information is critical to calculate base premium.
Luxurious, powerful and expensive car will attract more premiums. a SUV car will always have a higher premium than a family car.
A Third Party Liability cover is legally mandatory in India under the Motor Vehicles Act.