Barasat is a suburban area located on the outskirts of Kolkata. It is home to the Barasat Regional Transport Office (RTO), which operates under the supervision of the transport commissioner and falls under the Motor Vehicles Department of West Bengal. The Barasat RTO plays a crucial role in managing transportation-related matters, such as issuing driving licenses, registering motor vehicles, facilitating permits, collecting taxes and enforcing regulations as mandated by the Motor Vehicles Act of 1988. For up-to-date information, it is advisable to contact the local Barasat RTO office or visit their official website. In this article, we’ll give you an overview of the RTO of Barasat and its services.

RTO Office in Barasat

Listed below are the address details of Barasat’s RTO Office:

A motor insurance policy provides financial protection to the vehicle owner in case of an emergency or accident. But when the car owner passes away, their assets along with the car are passed on to his or her legal heir. What happens to the car insurance policy under such circumstances? Understanding this is crucial to avoid any lapses in coverage or legal complications. This blog explores the steps required to manage car insurance after the demise of the car owner.

What Happens to Car Insurance Policy After the Death of the Owner?

When a person passes away, all their assets, including their car, are legally transferred to his or her heir. Consequently, the car insurance policy also needs to be transferred to the legal heir's name, provided it's still valid. 

The following are the points that need to be understood in this context-

• Validity of insurance policy: The insurance policy can only be transferred if it is valid at the policyholder's time of death. If it's expired, the insurance company won't transfer it, and the heir must purchase a new policy.
• Renewal of expired policy: If the car insurance policy expires after the policyholder's death and the heir hasn't transferred it yet, they can renew it in their name. The heir can either renew the existing policy or compare other insurance plans for a better option.
• Entities involved in insurance transfer:
  1. Insurance Company: Inform the company about the policyholder's death to update the policy details.
  2. Legal Heir: The policy transfers smoothly to a specified nominee. Without a nominee, it goes to the legal heir after due process.
  3. Regional Transport Office (RTO): The heir must transfer the car’s Registration Certificate (RC book) to their name at the RTO. A ‘No Objection Certificate’ from the bank might be necessary if the vehicle was on loan with pending instalments.

Documents Required to Transfer Car Insurance After Owner's Death

To transfer the car insurance to the new owner, several documents must be submitted to the RTO and the insurance provider. These include-

1. Death Certificate of the previous owner
2. The Registration Certificate or RC for the car 
3. Proof of relationship between the deceased and the heir
4. A notarised affidavit stating the transfer of insurance to the new owner
5. The insurance policy documents
6. Identity proof of the new owner
7. Form 30 and Form 31 used by the RTO for ownership and insurance transfer
8. No Objection Certificate (NOC) from the financer in case the car was purchased with a loan
9. Marriage Certificate (in case the heir is the spouse of the deceased)

Things to Remember While Transferring Car Insurance After Policyholder's Death

Things one needs to remember when transferring car insurance after the owner’s demise are-

1. Timely Initiation of the Process: The ownership transfer needs to be initiated on time to avoid any lapse of coverage.
2. Contacting the Insurance Provider: The insurer needs to be informed about the death of the policyholder.
3. Updating Ownership of Car: The vehicle ownership needs to be updated first at the RTO before starting the insurance transfer process.
4. Check Terms of Policy: Review the terms and conditions of the existing policy to understand all details and ensure a hassle-free transfer.
5. Legal Aid: Consult a lawyer, if necessary, to ensure you complete the transfer properly.

Importance of Car Insurance

A car insurance policy is not just a legal mandate but also a safety net for the vehicle owner. One should always have updated vehicle insurance for the following reasons-

1. Driving without an existing insurance policy is illegal in India.
2. Car insurance protects the vehicle owner from the financial burden of urgent repairs due to accidents.
3. A car insurance policy ensures peace of mind.
4. Valid car insurance is essential for the transfer of ownership and sale of a vehicle.

Make sure to find car insurance online immediately after purchasing a vehicle and make timely premium payments to make the most of its coverage plans. This simple step can save you precious time and money in unforeseen circumstances.

Conclusion

In case of the unfortunate death of a car owner, their vehicle is transferred to their legal heir. Similarly, the car insurance policy also must be transferred to the heir. This will happen only if the policy is valid.  This blog is a simple guide explaining the process and documents required for transferring the vehicle to its new owner in the event of the death of the original owner. Managing car insurance after the policyholder’s demise may seem tedious, but it is a crucial step that protects the interests of the surviving family members and heirs in the long run. 

Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the Insurance industry and products. It is advised to verify the currency and relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information. 

Updated on 24 Dec 2025

After selling a car, it’s natural to think about what will happen to your insurance. Whether you have a comprehensive insurance policy or a third-party car insurance plan, it is essential to handle the transition carefully.

As insurance is a legal requirement, missing any step can cause financial or legal problems. Selling your vehicle has direct consequences for your existing insurance policy. So, it’s important to understand the responsibilities of the seller, the buyer’s choices and how you can secure no-claim benefits. All this ensures a smooth handover of the vehicle and its protection.

When I Sell My Car, What Happens To My Car Insurance?

When you sell your car, you have to transfer your four-wheeler insurance to the buyer of the car. Here is a breakdown of the process:

• Seller's responsibilities: The seller must transfer the car insurance after selling the car to the buyer at the time of sale. It's important to claim the ‘No Claim Bonus’ (NCB) certificate during this process. It cannot be transferred to the buyer.
• Buyer's obligations: Buyers need to apply for the transfer of the car insurance ownership within 14 days of the car's purchase. Failure to do so might lead to claim rejection.
• Insurance transfer procedure: The seller must inform the insurance company in writing about the intention to transfer the policy. A nominal fee for the transfer applies, along with the recovery of the NCB from the transfer date until the policy's expiry date.
• Buying new insurance: If the buyer prefers a new policy rather than continuing the transferred one, it's advisable to compare quotes for car insurance online to find the best plan that meets your requirements.

What are the responsibilities of the person selling the car?

The seller has some key responsibilities during the transfer process:

• Keep insurance active: Maintain insurance until the registration transfer is complete.
• Provide documents: Hand over the signed registration certificate, sale receipt and a copy of the insurance to the buyer.
• Inform authorities: Notify your insurer and the local transportation authority about the sale so that liability is no longer tied to you.
• Follow the process: After completing these steps, you can avoid problems if the buyer delays ownership or is involved in an accident. At the same time, it’ll keep your insurance record clear.

Options if your buyer doesn’t want the transferred car insurance

In such a case, you can consider these options:

• Cancel your policy after completing the paperwork.
• Use the no-claim bonus if you have any.
• You can switch to short-term or third-party car insurance until you buy a new car.

Conclusion

Selling a car needs more than paperwork. You need to manage your car insurance policy correctly to ensure legal and financial safety. Keep the car insured until the transfer is complete. Then, either cancel or transfer policy benefits to the buyer. Doing this in a timely and transparent way can help avoid extra charges or complications in future coverage.

While you focus on finding the right buyer for your car, let us help you handle the insurance part with ease. Get personalised advice on the car insurance transfer process by filling out the form provided on this page.

FAQs

• Do I have to keep insurance during the sale?

Yes, as long as the car is in your name, you remain responsible.

• Can I transfer my existing insurance to the new owner?

Yes, but you should ensure proper documentation and the insurer's agreement before doing so.

• What happens to my no-claim bonus?

You can keep it or use it for up to a few years, provided you inform the insurer when you sell.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the topic featured in the article. It is advised to verify the currency and relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information.

Every car insurance comes with a validity. Both third-party insurance and comprehensive insurance have a validity of a certain period and must be renewed after a fixed period of time. Therefore, if you wonder if it is a must to regularly update or renew my car insurance policy, this article is for you.

Is car insurance renewal required?

The short answer is yes, you must renew car insurance before the expiry date. Scroll down to read more pointers on why you need to renew car insurance:

1. Ensures continual coverage:

The car insurance policy provides financial protection to the vehicle and offers some benefits such as ‘No Claim Bonus’, cashless repair service, zero depreciation cover, etc.  Although, the benefits can be availed only in case of a valid insurance cover. If your insurance is not valid, you will not be able to avail the listed benefits.

2. Compliance with Motor Laws:

The Motor Vehicles Act of 1988 mandates it to have a valid insurance cover for your vehicle in India. Failure to do so can lead to termination of your car insurance policy. As per Indian laws, you cannot operate an uninsured vehicle, as it amounts to a fine of INR 2,000 for the first time, a fine of Rs. 4,000 for subsequent violations, and imprisonment for up to three months.

3. Prevents financial liability:

When you have a valid car insurance, then the damages to the car or even damages to a third party are covered by the insurer. In case you fail to renew your car insurance policy, then the financial burden will have to be borne by you, causing additional financial losses and compensation claims.

4. Preserves ‘No Claim Bonus’ (NCB):

A ‘ No Claim Bonus’ (NCB) is a reward that the insurance companies give to car owners for not filing any insurance claims during the previous policy year. Adding on this bonus leads to discounts on premiums or enhanced ‘No Claim Bonus’ percentages. Failing to renew car insurance can cause you to lose your accumulated ‘No Claim Bonus’, even if it remains intact for up to 90 days following the policy's expiration.

5. Ensures hassle-free renewal:

Timely renewal of your car insurance policy ensures a seamless process without the need for vehicle inspections. Neglecting to renew your policy promptly can result in your insurer viewing you as a negligent car owner, potentially triggering a mandatory car inspection. Such inspections may reveal vehicle damages or wear and tear, reducing your car's ‘Insured Declared Value’ (IDV) or leading to higher premium amounts.

Updated on 10-04-2025

If you plan to buy a new car, you might be wondering about the insurance options available for your vehicle. As per the Supreme Court order, all new cars sold after September 1st, 2018, must have at least a 3-year third-party insurance policy. That means you must pay the premium three years in advance and get coverage for any liability arising from third-party damages or injuries. But what about the protection of your own car? Is a third-party insurance policy enough to cover the risks and expenses involved in owning and driving a car? The answer, in short, is NO. You need a comprehensive car insurance policy that covers both third-party liability and your car's own damage (OD). 

However, a comprehensive long-term car insurance policy is not mandatory, unlike a third-party car insurance policy. You can purchase it for one year or more. In this blog, we will explore the features, benefits, and process of buying long-term comprehensive car insurance for 3 years.

What is a Long-Term Comprehensive Car Insurance Plan For 3 Years?

A 3-year, long-term comprehensive car insurance policy provides coverage for your vehicle for a continuous three years. Unlike traditional four-wheeler insurance policies requiring annual renewal, this plan ensures that your car remains insured without needing yearly paperwork. It encompasses third-party liability coverage and own damage protection, offering holistic financial security against various risks.

Features Of A 3-Year Car Insurance Plan

A 3-year car insurance policy comes with the following features:

• Longer Validity:It ensures long-term protection without requiring yearly renewals. With a 3-year insurance for a new car, you can enjoy the peace of mind and convenience of having a single policy for three years.
• Economical Option: Purchasing a 3-year comprehensive car insurance policy is typically much more feasible and cheaper than renewing the same yearly plan. 
• Portability:Even after buying a 3-year comprehensive car insurance policy, you are still provided the option to change your insurance provider during this tenure. You have the option to port your policy to another insurer if you are not satisfied with the service or coverage of your current insurer.
• NCB Transfer:During the policy term, if you decide to sell your car or buy a new one, you are free to transfer your accumulated NCB to the new car or owner. This way, you can enjoy the benefits of discounted future premiums or get a better price for your old car.

Car Insurance for Three Years - What is Included and What is Not

 Given below is the list of inclusions and exclusions under a three-year car insurance policy-

Included:

• Third-Party Liability Coverage: Financial protection against legal liabilities arising from injuries or damages caused to third parties.
• Own Damage Cover: Compensation for damages to your vehicle due to accidents, theft, fire, or natural disasters.
• Personal Accident Cover: Coverage for the owner-driver against accidental injuries or death.

Not Included:

• Depreciation: Unless a zero-depreciation add-on is opted for, standard policies do not cover the depreciation of vehicle parts.
• Mechanical or Electrical Breakdowns: Damages due to regular wear and tear or mechanical failures are typically excluded.
• Driving Under Influence: Any damages or liabilities incurred while driving under the influence of alcohol or drugs are not covered.
• Unauthorised Usage: Using the vehicle for purposes other than those stated in the policy (e.g., commercial use for a privately insured car) can lead to claim rejection.

Advantages of Choosing a Three-Year Insurance for Your Car

A 3-year comprehensive car insurance plan offers the following benefits:

• Loyalty Rewards:Who doesn’t like rewards? Some insurers offer loyalty rewards for long-term policyholders, such as discounts or additional coverage perks.
• Time-Saving:With a multi-year plan, you save time on annual policy shopping, allowing you to focus on other things that matter.
• Comprehensive Coverage:The policy provides coverage for both third-party liability and own damage to your car. This means that you can get compensation for any damage or loss caused by fire, theft, natural calamities, accidents, vandalism, etc. You can also opt for extra add-on covers, such as personal accident cover, roadside assistance, zero depreciation cover, etc., to enhance your protection.

How to Apply for a Three-Year Car Insurance Plan?

You can apply for a 3-year comprehensive car insurance plan online or offline in a few simple steps. Here are the steps to apply for a 3-year insurance plan online:

• Visit your insurer's website.
• Enter your car details, such as registration number, make, model, variant, etc., or select your car from the list of options.
• Choose the type of coverage you require, select the policy tenure as 3 years, and click on the 'Get Quotes' button. It should then show you the 3-year car insurance price.
• You can also customise your plan by adding or removing optional covers such as personal accident cover, roadside assistance, zero depreciation cover, etc.
• Fill in your details, such as name, address, contact number, and email ID, and pay online using a debit card, net banking, UPI, etc.
• Post payment, you will obtain a confirmation via email and SMS with your policy details and documents.

FAQs

1. Is a 3-year car insurance policy mandatory?

As per the Supreme Court directive effective from 2019, it is mandatory for new cars to have a third-party liability cover for three years. However, opting for a comprehensive 3-year policy is not compulsory but is recommended for enhanced protection.

2. Can I cancel my 3-year car insurance policy before its expiry?

Yes, you can cancel the policy before its term ends. However, the refund process and amount depend on the insurer's terms and the duration for which the policy was active.

3. What happens if I sell my car during the policy term?

If you sell your car, you can transfer the insurance policy to the new owner. Alternatively, you may be eligible for a refund of the premium for the remaining period, as per the insurer's guidelines.

4. How does the No Claim Bonus work in a 3-year policy?

In a 3-year policy, the NCB is accumulated over the policy term. If no claims are made during this period, you can avail of a significant discount on the premium during renewal.

5. Are add-on covers available with a 3-year car insurance policy?

Yes, insurers offer various add-on covers with long-term policies, such as zero-depreciation cover, engine protection, and roadside assistance, to enhance your coverage.

Conclusion

A 3-year long-term comprehensive car insurance policy offers numerous benefits, including convenience, cost savings, and enhanced protection. By opting for such a plan, car owners can ensure continuous coverage, avoid the hassle of annual renewals, and safeguard themselves against potential premium hikes. It's a prudent choice for those seeking peace of mind and financial security for their vehicles over an extended period.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the topic featured in the article. It is advised to verify the currency and relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information.

Ever lost or misplaced your car keys and felt the frustration of being unable to drive your car? Or worse – ever had your car keys stolen and worried about the security of your vehicle? If yes, then you understand the high cost and inconvenience of getting a new set of keys or replacing your car's entire lock system.

But what if there was a way to protect yourself from such situations and get your car keys replaced or repaired without burning a hole in your pocket? Well, there are! It is called Key Replacement Cover in Car Insurance, also known as Car Key Replacement Insurance. Read on to find out what it is, how it works, and why you should consider buying it.

What is Key Replacement Cover in Car Insurance?

Key Replacement Cover, or Key Lost Insurance, is an add on you can get with your comprehensive car insurance policy. It covers your car keys' replacement or repair costs if you lose, misplace, or damage them or someone steals them. The add on also covers the cost of replacing or repairing the entire lock system of your car if it is damaged due to theft or burglary.

Key Replacement Cover is an optional cover you can purchase by paying an additional premium over and above your basic car insurance premium. The premium value depends on various factors, such as the make and model of your car, the type of key (traditional or electronic), and a few more.

Benefits of a Key Replacement Cover in Car Insurance

Some of the primary benefits of buying lost car key insurance are:

• It saves you from the hassle and expense of getting new keys or locks for your car in case of an unfortunate event.
• It provides you with peace of mind and security, as you don't have to worry about losing access to your car.
• It enhances the coverage and value of your comprehensive car insurance policy by providing additional protection for your car.
• It is easy to buy and claim, as insurers offer online purchase and settlement options for this add-on cover.
• Submitting a claim under this cover won't affect your no-claim bonus.

Inclusion of Key Replacement Cover in Car Insurance

Some of the common scenarios that are covered under key replacement in car insurance are:

• Loss or misplacement of car keys due to any genuine reason
• Theft or burglary of car keys from your home, office, or any other place
• Damage or breakage of car keys due to accident, fire, water, etc.
• Damage or breakage of the car's lock system due to theft or burglary.
• Cost of towing or transporting the vehicle to the nearest garage or workshop if the keys are unavailable.
• Cost of labour charges for replacing or repairing the keys or locks.

Exclusion of Key Replacement Cover in Car Insurance

Some of the common scenarios that are not covered under Key Replacement Cover in Car Insurance are:

• Loss or theft of car keys due to negligence, carelessness, or deliberate act.
• Loss related to keys covered under the warranty.
• Damage to key lock due to radiation.
• Damage or breakage of car keys due to wear and tear, corrosion, rust, etc.
• Damage or breakage of the lock system of the vehicle due to electrical or mechanical failure.
• Damage to parts other than keys, such as an immobiliser, ignition system, or alarm.

Steps to Buy Key Protect Claim Add-on

If you want to buy a Key Protect Claim Add-on with your comprehensive car insurance policy, you can follow these simple steps:

• Start by comparing different car insurance plans and add-on coverages offered by various insurance companies online.
• Choose a plan that suits your needs and budget, and select the Key Protect Claim Add-on as an additional feature.
• Fill out the online application form with your personal and vehicle details.
• Pay the premium amount using a secure payment mode.
• Receive the policy document and confirmation email at your registered email address.

Steps To Claim Car Insurance for Key Protection

If you want to claim Key Protection Cover in case of loss, theft, or damage to your car keys or locks, you can follow these simple steps:

• File an FIR with the police and take a copy of it to support your claim.
• Inform your insurance company about the incident within 24 hours and register your claim online or via their toll-free number.
• Submit the required documents, such as policy copy, FIR copy, identity proof, vehicle registration certificate, etc., along with a duly filled claim form.
• Get your car inspected by a surveyor appointed by the insurance company.
• Get your keys or locks replaced or repaired at a network garage authorised by the insurance company.
• Pay the deductible amount (if any) and get reimbursed for the remaining amount by the insurance company.

Kerala, located in southwestern India, is a tropical paradise to say the least. It is also known for its lush landscapes, vibrant culture, and warm hospitality.

As you explore Kerala, you will encounter fragrant spice plantations, pristine beaches, and misty hill stations. The state's rich cultural heritage is evident in its classical dance forms like Kathakali, the melodic rhythms of traditional music, and the mouthwatering cuisine featuring coconut-infused curries and fresh seafood.

While immersing yourself in Kerala's beauty and culture, don't forget the practicalities. For those planning to navigate the scenic yet winding roads of this beautiful state, securing reliable car insurance online in Kerala is a must.

Benefits Of Buying Car Policy In Kerala

Buying a car insurance online in Kerala can be a smart decision for many reasons. Here are some major reasons:

• It allows you to protect your car from the unpredictable weather of Kerala, which includes floods, landslides, and storms. A car policy will cover the losses or damages caused by these natural disasters.
• You enjoy the peace of mind knowing that you comply with the law. According to the MV Act 1988, having at least a third-party car insurance policy in India is mandatory. This policy covers the liability arising from any injury or death of a third party or damage to their property caused by your car.
• You can receive quality health care in case of any injury or illness due to a car accident. A car policy will provide you with a personal accident cover, which will pay for your medical expenses and compensation in case of disability or death. 
• A car policy will also provide you with a cashless facility, meaning you don’t have to pay anything upfront for the repairs at any network garages across Kerala.

When looking for the best car insurance in Kerala, you may keep these benefits in mind.

Most people wonder, are airbags covered under insurance? Hence, understanding the coverage provided by zero depreciation insurance is crucial for well-informed decision-making regarding your vehicle's protection. Here, we will learn about the coverage of zero debt insurance type.

Does Zero Debt Insurance Include Airbags?

One specific aspect that car owners often inquire about is whether zero depreciation car insurance extends to cover essential safety features like airbags. Let's check: are airbags covered by insurance?

• Comprehensive Coverage

Zero depreciation insurance, known as "zero debt" or "bumper-to-bumper" coverage, generally includes airbag coverage.

• Full Compensation

With a zero-depreciation add-on, the insurance provider must compensate the total amount for depreciated car parts, encompassing the airbag replacement cost in India.

• Special Add-On Benefits

The zero-depreciation add-on ensures that even as your car ages, you receive comprehensive coverage without the impact of depreciation on essential safety components.

• Avoiding Depreciation Loss

This coverage safeguards you against the typical depreciation-related reduction in the claim amount for essential safety features like airbags.

The depreciation rate for vehicles plays a crucial role in the financial implications of car ownership. As a critical aspect of the Income Tax Act of 1961, depreciation reflects the decline in a car's value due to wear and tear. This influences various financial considerations regarding maintaining a vehicle. It illustrates the decrease in a car's value from its acquisition to its eventual sale.

In this blog, we will look into the details regarding the depreciation rate of four-wheelers, which will help you understand the value of your car and make the best decision related to its repairs and resale.

When does your car's value start depreciating?

A car's value depreciates when it is driven off the showroom floor. The depreciation rate is high in the early years, with a stabilisation seen in later years.

In India, the Insurance Regulatory and Development Authority of India (IRDAI) has recognised standard depreciation rates for insurance purposes.

The depreciation rates according to the age of the vehicle are.

• Up to 6 months: 5%
• 6 months to 1 year: 15%
• 1 year to 2 years: 20%
• 2 years to 3 years: 30%
• 3 years to 4 years: 40%
• 4 years to 5 years: 50%

These rates are utilised to calculate the Insured Declared Value (IDV) of a vehicle, which determines the compensation amount in case of theft or total loss.

What factors affect a vehicle's value over time?

Several factors influence how a car's value depreciates:

1. Brand reputation: Vehicles from established manufacturers, such as Honda, Toyota, Maruti Suzuki, and Hyundai, tend to retain value better due to consumer trust in the brand name.
2. Mileage: Higher odometer readings generally lead to lower resale values. However, cars from reputable brands may maintain value despite higher mileage, reflecting their durability.
3. Maintenance history: Regular servicing and proper maintenance enhance a car's lifespan and resale value. Vehicles with documented service records and extended warranties are more appealing to buyers.
4. Fuel efficiency: Cars with higher fuel efficiency are more desirable in the used car market, as they promise lower running costs for future owners.
5. Market demand: Popular models with high demand tend to depreciate slower compared to less sought-after vehicles.
6. Condition and appearance: Well-maintained cars with minimal wear and tear, both mechanically and aesthetically, hold their value better.
7. Age of the vehicle: Older cars generally depreciate more, but the rate can vary based on the factors mentioned above.
8. Model updates: The introduction of newer models or facelifts can accelerate the depreciation of older versions.
9. Economic factors: Changes in economic conditions, fuel prices, and government policies can influence car depreciation rates.
10. Technological obsolescence: Rapid advancements in car-related- technology can make older models less desirable for buyers, affecting their resale value.

How does the rate of car depreciation affect you?

Understanding car depreciation is vital for both current owners and those planning to buy a pre-owned vehicle:

• For owners: Being aware of depreciation helps you plan the best time to sell the car for optimal financial gains. It also helps in proper maintenance and usage of the four-wheeler to protect its resale value. We can also claim car loan tax benefits by presenting the car as a depreciating asset, with a 15% depreciation annually to curtail tax liability.
• For buyers: Knowing depreciation rates helps in making cost-effective purchasing decisions. Choosing brands and models known for retaining resale value can result in better long-term investments.

Additionally, depreciation impacts car insurance premiums and claims. A lower car value can reduce premium costs, but it also means a lower payout in case of total loss.

How to calculate the rate of depreciation of your car?

Utilising online calculators or scrutinising similar used cars' prices for estimates, you can get a rough idea of your vehicle’s depreciation rate.

Another way to calculate the depreciation is by multiplying the total cost of the car by a percentage that decreases every other year. This is done by keeping the steep depreciation rate of new four-wheelers in mind, which slowly stabilises once the vehicle has been used for some time.

Conclusion

Understanding the car depreciation rate is imperative for making informed financial decisions concerning car ownership. Whether integrating it into tax benefits, evaluating car insurance requirements, or contemplating resale value, a nuanced comprehension of how depreciation shapes a car's value over time is vital for maintaining financial equilibrium in vehicle ownership.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the topic featured in the article. It is advised to verify the currency and relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information.

Updated on 26 Dec 2025

Buying a car in India does not stop with driving it home. Every vehicle on the road needs insurance, both for legal reasons and for protection from accidents, theft or unexpected repairs. One question almost every car owner faces is: should car insurance be paid once a year or in smaller monthly instalments? The answer is, it's flexible as it depends on budget, lifestyle and convenience of the person.

In this blog, we will look at how four-wheeler insurance payments work, the difference between monthly and annual payments and which option might be right for you.

How car insurance payments work

Insurance companies calculate the yearly premium amount after considering several factors like type of car, driving history, age of the driver, location of the vehicle and type of insurance cover chosen.

Once the premium is calculated, the policyholder can choose how to pay it. There are two main options:

Annual payment: Paying the whole premium at once for the entire year.

Monthly payment: Splitting the annual premium into 12 instalments.

Paying for car insurance annually

Paying annually is the traditional way of buying car insurance in India. Here are some key points about this method:

• Single payment: The full premium is paid once at the start of the policy.
• Less paperwork: Since payment is done once, there are fewer reminders and transactions.
• Better planning: Car owners can keep insurance as a once-a-year financial task.
• Fewer chances of missed payments: With no monthly instalments, there is less risk of forgetting due dates.

Paying for car insurance monthly

Monthly payment divides the annual premium into smaller amounts. This method is chosen by people who prefer spreading costs. Important points about monthly payments include:

• Budget-friendly: Small monthly payments may be easier for those with tight cash flow.
• More flexibility: Drivers may stop or switch insurers more easily when payments are made monthly.
• Frequent reminders: Message or email notifications for monthly due dates keep the person alert, but may also feel like a regular burden.
• Possible extra charges: Some companies may add service charges for monthly instalments.

Which is better: monthly vs annual car insurance?

The better option depends on personal and financial conditions.

Choose annual payment if:

• You can manage one large payment.
• You prefer fewer hassles with reminders.
• You want to finish the process in one step.

Choose the monthly payment if:

• You prefer smaller, manageable amounts.
• You do not want to lock in a large sum at once.
• You like flexibility in case of changing policies.

Things to consider before choosing a payment plan

Before deciding between monthly and annual car insurance, it may be useful to think about certain things:

• Personal budget: Check if you can handle a large payment or need smaller instalments.
• Discipline with payments: If you often miss due dates, annual payment may be safer.
• Charges or interest: Some monthly plans may cost slightly more due to extra fees.
• Convenience: Think about whether you want fewer reminders or regular, smaller payments.
• No claim bonus in car insurance: If you have not made any claim during the policy term, you may get a discount at renewal. The no-claim bonus in car insurance can reduce the overall premium, whether you pay annually or monthly.
• Length of use: If you plan to keep the car insured for a long time, an annual payment may feel smoother.

Conclusion

Four-wheeler insurance in India can be paid either monthly or annually. The annual option involves one large payment and fewer reminders, while the monthly option divides the cost into smaller amounts for easier management. Both give the same cover, so the choice depends on personal finances, comfort with payments and long-term planning.

Whether you choose a monthly or yearly premium payment is the second thing; first, you should make sure you have the best car insurance. Get tailored vehicle policy advice to obtain the ideal plan by filling out the form on this page.

Frequently asked questions

• Is annual car insurance cheaper than monthly?

Annual payment may sometimes be cheaper because monthly instalments might include extra service charges.

• Can I switch from a monthly to an annual payment?

Yes, many insurers allow switching, but terms and conditions may apply.

• What happens if I miss a monthly payment?

Missing a payment may cause late fees, and in some cases, it might affect the validity of the cover.

• Is car insurance compulsory in India?

Yes, it is a legal requirement to have at least basic third-party car insurance in India.

• Can I cancel my annual car insurance in the middle of the year?

Yes, cancellation is possible, but refunds depend on the company’s rules and how long the policy has been active.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the topic featured in the article. It is advised to verify the currency and relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information.

Updated on 26 Dec 2025

Buying a car is exciting, but the costs don’t stop at the sticker price. One question many car owners have is whether their insurance will get cheaper as their car gets older. This matters because it directly affects your budget and helps you plan for the year ahead. Insurance costs depend on several factors, including your driving record, claims history, the age of your car and the type of coverage you choose. Other factors, such as repair costs, add-ons and location, can also influence your premium.

In this blog, let’s talk about what affects car insurance so you can make informed decisions, manage costs and choose a policy that works best for you.

Does car insurance decrease annually?

In India, car insurance premiums don't automatically decrease on a yearly basis. Several factors come into play when determining the cost of car insurance, including:

• Age of the vehicle
• Make of the vehicle
• Model of the vehicle
• Policyholder’s driving history
• Geographical

Factors that influence car insurance premiums

Apart from these, there are other factors that can affect premium rates. Scroll down to understand these factors in detail:

1. Depreciation and premiums: As a car gets older, its value depreciates over time. This depreciation may potentially lead to a reduction in the insurance premium. However, it's important to note that other aspects, such as repair costs and replacement part prices, can counterbalance this decrease.
2. Claim history: A history of filing claims may impact premium rates. On the other hand, not having any claims can result in premium discounts through a no-claims bonus (NCB) system.
3. Zero Depreciation add-on: By opting for this add-on feature, policyholders ensure that their insurance provider compensates for any depreciation in car parts value during repairs or replacements. This includes covering expenses like airbag replacement costs.

Role of no claim bonus (NCB) in reducing premium

No Claim Bonus, or NCB, is a benefit provided by insurers for not making any claims during the policy year. In most cases, it reduces the premium you pay when renewing your policy, with the discount increasing for each consecutive claim-free year up to the insurer’s maximum limit.

However, if a claim is made during the policy period, the NCB may be reduced or reset, depending on the insurer’s terms.

Situations where car insurance may not decrease

Your car insurance may not decrease in some situations. For example, if you make frequent claims, get traffic fines or change to a higher-value car, the premium can stay the same or even increase. Insurance also may not drop if you move to a high-risk area.

Comprehensive insurance vs third-party premium trend

Comprehensive insurance usually costs more because it covers both your car and others in an accident, along with theft or damage.

On the other hand, the premium for third party car insurance is lower, but it only covers the expenses of others. Over time, third-party premiums rise slowly, while comprehensive plans show higher premium trends due to wider coverage.

Tips to keep car insurance premiums low

You can keep your car insurance premiums low by driving safely, avoiding claims and maintaining a clean record. Compare policies before buying, choose higher deductibles and avoid unnecessary add-ons. Regularly review your coverage, bundle policies if possible and keep your car in good condition to lower risks and costs.

Conclusion

Being proactive with your insurance by maintaining a clean driving record, avoiding unnecessary claims, comparing policies and using available discounts can help you control costs and get the coverage you truly need.

While you focus on safe driving and managing your car, let us help you take care of your insurance needs. Get tailored car insurance policy advice and solutions by filling out the form provided on this page, and make sure you have the right coverage for your situation.

FAQs

• Does car insurance go down every year?

Not always, your premium may be reduced if you keep a clean driving record and avoid claims, but other factors like age and car type also matter.

• Why doesn’t my car insurance decrease each year?

Insurance depends on risk. Even if your car gets older, things like accidents, traffic tickets or rising costs can stop your premium from dropping.

• How can I make my car insurance decrease?

Drive safely, keep a good record and avoid claims. You can also compare plans and ask your insurer for discounts each year.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the topic featured in the article. It is advised to verify the currency and relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information.

If you’re a car owner, you’ve probably wondered, “Are car insurance rates negotiable?”.

Car insurance is a significant expense for everyone, and it is natural to wonder whether policyholders can negotiate their insurance rates with the insurers. Let's explore the possibility of negotiating car insurance rates and factors that might influence these discussions.

Can My Car Insurance Rate Be Negotiated With My Insurer?

Yes, you can negotiate car insurance rates under certain circumstances. First, consider the following pointers:

• Thorough research and comparison: Before going to your insurer, conduct deep research to understand the average rates in your region and use this information as a basis for negotiation.
• Policy review: Evaluate your existing car insurance policy, if any, and identify areas for adjustments. This could include coverage levels, deductibles and additional features.
• Good driving record: A clean driving record may be a valuable negotiating point. Insurers may be willing to offer discounts to policyholders with a history of safe driving.
• Bundling policies: If you have many insurance policies with the same company (for example, home and auto), enquire about potential discounts for bundling, as this can be a negotiation leverage.
• Loyalty discounts: Highlight your loyalty as a long-term customer and inquire about loyalty discounts or promotions that may be available.
• Safety features: If your vehicle comes with safety features like anti-theft devices or driver assistance systems, emphasise these factors as they may contribute to lower rates.
• Annual review: Regularly review your policy and inquire about the rate adjustment during annual policy renewals. Insurers may offer discounts or adjust rates based on changes in your circumstances.
• Competitor quotes: Having quotes from competing insurers can serve as new negotiation ammunition. Share these quotes with your current insurer and inquire about matching or beating the offers.
• No claim bonus: Emphasise a positive claim history for NCB benefits, potentially leading to considerable premium discounts.
• Zero depreciation Add-on: Discuss the inclusion of a zero depreciation add-on to your policy. This add-on ensures full compensation for depreciated car parts, providing enhanced coverage and potentially influencing the negotiation.

Updated on 26 Dec 2025

Buying a new car is an exciting moment for everyone. When a brand new one is rolled out of the showroom and driven on the road, it will usually be with a temporary registration number.  Getting a permanent number plate will take some time. In this case, there often arises an important question in the mind of drivers: can one claim car insurance with a temporary registration number? Let’s find the answer to this query in this blog.

Is insurance valid with a temporary registration number?

Yes, car insurance is valid even if your vehicle has a temporary registration. According to the Motor Vehicles Act, every vehicle must be insured before it is driven on public roads. Insurance coverage typically begins once the policy is issued, regardless of whether the vehicle has a permanent or temporary registration number.

You can purchase either a third-party liability or a comprehensive car insurance plan according to your coverage needs.

Claim insurance with a temporary registration number

Filing a claim with a temporary number follows the same process as it does with a permanent one. You need to inform the insurer about the accident or damage and submit the required details. The claim will be assessed, and the insurer may send a surveyor to inspect the vehicle. However, you must ensure that your temporary registration number is mentioned correctly in your policy document. Later, when you receive the permanent number, it should be updated with your insurer.

Documents required to claim insurance with a temporary registration number

When making a claim, you are usually required to submit:

• Insurance policy document to verify coverage.
• Temporary registration certificate as proof of your vehicle’s registration status.
• Driving licence to confirm the driver’s eligibility.
• FIR or police report (if applicable),for theft or major accidents.
• Repair bills and estimates for claim settlement.

Important points to remember

A few things to keep in mind while claiming insurance with a temporary number include:

• Insurance coverage remains valid from the day the policy starts.
• Once your permanent registration number is issued, inform your insurer to update the details.
• Keep all claim-related documents safe for smoother processing.

Conclusion

Insurance remains valid for vehicles with temporary registrations, and claims can be made as long as your details are accurate and documents are in place. While driving with a temporary number, ensure your policy information is correct and updated when you receive the permanent number.

If you are looking for the ideal car insurance for your new vehicle, fill out the form provided on this page. We will assist you with expert advice to find the right policy.

FAQs

• Is it mandatory to have insurance with a temporary registration?

Yes, all vehicles must be insured before being driven on public roads, whether they have a temporary or permanent registration number.

• Do I need to update my insurance once I receive the permanent registration number?

Yes, you should inform your insurer and update the policy with your permanent number.

• Can I claim for theft with a temporary registration number?

The ability to claim for theft depends on the type of policy you hold and the insurer’s terms. It is best to check your policy wording or speak with your insurer.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the topic featured in the article. It is advised to verify the currency and relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information.

Dealing with the aftermath of a car accident can be overwhelming, especially when your beloved vehicle is considered a total loss. However, it's crucial to understand the steps for smoothly obtaining your car insurance claim cheque moving forward.

Car Insurance Claim Cheque If the Car is Totaled

1. Report the accident to your insurance company, providing them with all the details about what happened and the extent of the damage.
2. An insurance adjuster will assess the damage to determine if it qualifies as a total loss by comparing repair costs with your car's actual cash value (ACV).
3. If your vehicle is considered a total loss insurance, the insurance company will make a settlement offer that represents the cash value minus any deductibles you may have.
4. After accepting the settlement offer, you may need to transfer ownership of your vehicle by signing over its title to the insurance company.
5. Once everything is in order, the insurance company will issue you a claim cheque for the agreed-upon settlement amount. You can then encash the cheque and use the money however you want to. 

Depreciation refers to the decrease in your vehicle’s value over time due to damage, overuse, etc. Understanding how much a car depreciates per year is essential for car owners because it affects important aspects such as resale value and car insurance policy coverage. After a certain period, it's also crucial to consider depreciation when calculating the cost of owning a vehicle.

In this blog, you will understand how much your car depreciates per year and learn about the factors that affect car depreciation.

Car depreciation per year

The moment you start driving your brand-new car on the road, it goes from being new to being used, which leads to a decrease in its market value. Generally, this depreciation process begins right after you buy the car and continues every year. On average, the original market value of a car tends to drop by up to 20% in the initial year alone. This value decreases to about 40% during the following five years.

Several factors influence how much a car depreciates per year, including the vehicle’s make, model, mileage, age and overall condition.

While the biggest drop in value occurs in the first year, subsequent years see a slower depreciation rate.

Average car depreciation rate per year

The average car depreciation rate per year depends on factors like brand, condition, mileage, fuel type and market demand.

IRDAI-approved depreciation for insurance claims in India

IRDAI-approved depreciation means the rate of reduction in a vehicle’s value over time, as specified by the Insurance Regulatory and Development Authority of India. Based on this rate, insurers determine the amount you’ll be reimbursed for repairs or part replacements in case of damage.

For example, if you have bought your car for ₹10 lakh in 2022, after 3 years, the depreciation value of the car will be roughly ₹5,00,000. You will face a loss of nearly 5 lakh.

Depreciation value = Initial cost - Current value (Depreciation percent/year)

What factors affect car depreciation?

Many factors affect car depreciation, like its age, make and model, mileage, the year of purchase, fuel type, working condition of the parts and market demand of the particular brand’s vehicles.

How to reduce car depreciation?

Stopping the car’s depreciation completely is not possible; however, if you follow a few tips, you can reduce the loss of value. These include maintaining your car regularly, driving single-handedly, parking in a safe place, keeping your service records clean and using zero-depreciation insurance cover.

Use of zero depreciation add-on in insurance

Zero depreciation is an add-on available with a standalone own-damage and comprehensive car insurance policy. You can use this rider to recover the amount spent on the repair of the car from your insurer without a deduction for depreciation of the components of the vehicle.

Conclusion

The important factor you must consider before buying, selling or maintaining a car is its depreciation. This can help you make better financial decisions, especially while selecting insurance coverage. If you want help with choosing the best comprehensive or third-party car insurance for your vehicle, fill out the form on this page. We will provide you with expert, tailored advice according to your needs.

FAQ

• What is the percentage of depreciation every year?

Usually, the depreciation value is 15% to 20% of the actual value of the car.

• Does third-party car insurance cover depreciation?

No, the depreciation is not covered by the third-party car insurance.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the topic featured in the article. It is advised to verify the currency and relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information.

Buying a car is a major milestone, but many people wonder if they can complete the process without having insurance in place. In India, laws and regulations make car insurance an important subject to understand before making a purchase. Having the right insurance not only ensures compliance with the Motor Vehicles Act but also protects you financially against theft and damage due to accidents. Understanding the different types of policies and their coverage can help you make an informed decision and drive with peace of mind.

Legal requirements in India

When it comes to owning a vehicle, motor insurance is not optional. The Motor Vehicles Act 1988 makes it mandatory for every car owner to have at least third-party liability cover before driving on Indian roads. This means that you cannot legally drive your new or used car without valid insurance.

Buying a new car without insurance

Dealerships generally ensure that a vehicle is sold with an active policy, as registration and delivery of a new car require proof of insurance. If you attempt to buy a new car without insurance, you may face delays in registration and will not be permitted to drive it legally.

Buying a used car without insurance

When buying a pre-owned car, the seller must either transfer their existing insurance to your name or you need to purchase a fresh policy. Driving a used car without coverage can result in penalties, as it remains a legal necessity.

Risks of owning a car without insurance

Owning a car without an active policy can have several consequences:

• Penalties: Driving an uninsured vehicle is a punishable offence.
• Financial burden: Any liabilities arising from third-party injuries, damage to their property or damage to your own car will have to be borne out of pocket.

Types of car insurance you can buy

In India, there are primarily two categories of coverage:

• Third-party liability insurance: Covers injuries caused to third parties and damages to their property due to an accident with your vehicle.
• Comprehensive insurance: Offers wider protection, including third-party liability coverage and protection to your own car. It covers theft and damages to your insured vehicle due to accidents, natural calamities and some man-made disasters.

Is it possible to purchase a car without insurance?

While you may technically buy a car without immediately arranging insurance, you cannot legally drive or register the vehicle without it. Whether it is new or used, the registration process requires proof of insurance.

Owning a policy need not be an expensive task. It can be made cost-effective with voluntary deductibles, anti-theft discounts, bundled coverage, renewal discounts and no-claim bonus in car insurance.

Conclusion

In India, you cannot legally drive or register a car without valid insurance. Whether it is a new or used vehicle, coverage is a mandatory requirement under the law. Insurance not only ensures compliance but also helps protect you from financial and legal consequences in case of accidents.

If you are looking for the ideal policy that suits your needs and budget, let us guide you with tailored solutions. Get expert car insurance advice by filling out the form on this page.

FAQs

• Is third-party liability insurance compulsory in India?

Yes, third-party liability insurance is mandatory for all car owners under the Motor Vehicles Act, 1988.

• Can I transfer the existing policy when buying a used car?

Yes, the policy can usually be transferred, but the process and requirements may differ depending on the insurer. It is best to confirm the formalities with the insurance provider.

• What happens if I drive without insurance?

Driving without insurance is a legal offence and may lead to penalties or fines as per Indian law.

• Does comprehensive insurance cover own damages?

Comprehensive insurance generally covers both third-party and own vehicle damages. Please read the policy document to understand the complete coverage.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the topic featured in the article. It is advised to verify the currency and relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information.

Updated on 26 Nov 2025

Car insurance is important for anyone who owns or drives a car. It protects you from big expenses in case of accidents, theft or damage. But before you buy car insurance, you usually get something called a car insurance quote. Let’s understand what it means and how it works.

Car insurance quotes

A car insurance quote is an estimate of the sum needed to pay for a car insurance premium. Such a quote also itemises the costs and limits of individual coverage. Further, a detailed quote may include discounts you are eligible for and offer bill payment plans.

Requesting multiple car insurance quotes is essential when planning to buy a car insurance policy. Before buying a policy, always ask for quotes from more than one insurer, which will help you make an informed decision.

Factors that affect car insurance quotes

Car auto insurance quotes can be different for different people, and zeroing in on the one that is best suited for you may involve comparison and measurement of several factors, including the following:

• Where you live: Insurance companies may enquire where you live. This can help them assess the frequency of accidents in the area.
• Personal information: Your age and gender can help decide your insurance quote. Such information will also help insurers know who else can drive your vehicle other than you.
• Education level: Your education level can be crucial in deciding your car auto insurance quotes.
• Insurance and driving history: The history of insurance that you have claimed can help insurers know how often you’ve encountered accidents.
• Vehicle type: The type of vehicle you want to purchase insurance for will make a big difference. Repairing expensive cars with high maintenance costs can increase the insurance premium.
• Manufacturing and registration dates: Since car is a depreciating asset, the older the car, the higher the premium you will have to pay.
• Purpose of the vehicle: The insurance company may want to know whether the car will be used for personal or commercial purposes.

What is the difference between quote and rate?

Many people think quote and rate mean the same thing, but they are slightly different. A quote is a price estimate based on the details you provide. It can change if the information changes or if the company checks your records.

Whereas, a rate is the final price you agree to pay when you buy the policy. It is usually fixed for the policy period unless you make changes.

A quote helps you understand how much you might pay, and the rate is the actual amount you will pay.

Can you get an auto insurance quote without owning a car?

You can get a car insurance quote even if you do not own a car yet. This is helpful if you are planning to buy a car soon and want to know how much insurance will cost.

You can give details like the type of car you are thinking about, your age, driving history and where you live. The quote you get will be based on that information. It may not be exact, but it gives you a rough idea of your future costs.

Information you need to get an auto insurance quote

To get an accurate quote, you need to share some details. Here are the common things insurance companies ask for:

• Your name and contact information
• Your age and gender
• Your driving licence details
• Your driving history (accidents, traffic fines)
• Details of your car (make, model, year, registration number)
• How you plan to use the car (personal or business)
• Where you live and where the car is parked

Conclusion

A car insurance quote is a useful tool to help you plan your budget and choose the right comprehensive car insurance policy. It is not a final price but gives you an idea of what to expect. Make sure you compare quotes from different companies, understand the factors that impact the price and always give correct information.

Need help choosing the right car insurance? Fill out the simple form on this page and get expert advice made just for you. We will guide you to the best options based on your needs and budget.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the topic featured in the article. It is advised to verify the currency and relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information.

Are you tired of browsing through dozens of car insurance providers and yet confused about which one suits your needs?

If yes, this blog is the ultimate guide for comparing car insurance online and getting the best value for your premium. Continue reading to learn the tips and tricks of effective and cost-efficient vehicle insurance selection.

Compare Car Insurance Online

• The Internet has made car insurance comparison really simple for car owners. However, the many options available boast of the potential to complicate things, and people often need clarification when comparing car insurance products online.

• Visit the vehicle insurance comparison website. Insert your requirements and hit enter. It will open dozens of options to compare vehicle insurance products. Do your homework and compare the available variety of coverage, including riders and more.

• Car owners can visit an individual insurer's websites directly or through vehicle insurance comparison websites. Read all terms and conditions in detail. In the virtual era, every insurance provider updates all details timely, and policy seekers can get all the required information online.

• Before browsing the web for the right car insurance, knowing the right questions and queries is crucial to get the desired response. Keep the details of your vehicle handy while comparing vehicle insurance online, including the name, make, year, registration number, and location.

• It’s not true that cheap is always the best. While choosing and comparing vehicle insurance, it is unwise to always go for the seemingly most reasonable offer. Such offers may exclude vital add-ons, such as Zero Depreciation , No-Claim Bonus protection, Consumables Cover, Return to Invoice, Engine Protection Cover, etc.

• Insured Declared Value is an essential element to compare car insurance. The vehicle's current market value directly impacts the premium and claim amount in case of total car damage.

• Visit the customer information section on the IRDAI website and read the dos and don'ts to compare vehicle insurance and purchase the right one for comprehensive coverage.

• No Claim Bonus is a significant metric to compare car insurance. Insurance companies reward policyholders if they do not raise a claim during the car insurance It can increase to 50% if insurance is unclaimed for five consecutive years.

• Check the claim settlement performance of the car insurance provider and go through online reviews on Google, social media, etc.

If you live in Mapusa, a tourist hotspot of Goa, and own a vehicle, knowing your Mapusa RTO is compulsory. The Regional Transport Office (RTO) Mapusa is responsible for issuing licenses, vehicle ownership transfers, registration of vehicles, registration certificates, and road tax payments within its jurisdiction. The Mapusa RTO functions under the Goa Transport Department and also looks into cases of scams and fraud related to vehicle licenses, registration, etc.

Let us explore the RTO Mapusa in more detail in the following sections.

RTO Office in Mapusa

The Regional Transport Office is vital to every vehicle owner’s life. It is a government office responsible for issuing licenses, road tax, checking pollution levels, and more. The RTO also monitors scams related to vehicle and driving issues. For instance, the Godhra RTO observes and ensures vehicle owners in its jurisdiction pay the applicable road and motor vehicle taxes. Vehicle type, seating capacity, intended usage, etc., decide the applicable road tax.

Vehicle owners should know their RTO for all these services and payments. Also, car insurance is crucial for legally travelling in Godhra and across India. Keep your insurance and other documents updated.

RTO Office in Godhra