Engines have long been the heart and soul of automobiles, propelling vehicles forward with their power and efficiency. In recent years, a remarkable advancement in engine technology has taken centre stage – the turbo engine. So, what is turbo engine in cars? We will look into the details so that you get a clear answer.

With its ability to deliver impressive performance and improved fuel efficiency, the turbo engine has become a driving force behind modern car designs. But what exactly does a turbo engine mean, or what is turbo in a car, and how does it work? Let’s find out.

What is a turbo engine in a car?

A turbo engine, also called a turbocharged engine, is a type of internal combustion engine found in cars. It utilises a turbine-driven forced induction system to increase the engine’s power and efficiency. The system works by forcing more air into the engine's cylinders, allowing it to burn more fuel and produce more power. This offers improved fuel economy and performance than a naturally aspirated engine.

How does a turbo engine work?

Now that you know what is turbocharger in cars, let’s understand its mechanics. To understand the mechanism of a turbo engine in a better way, go over the following pointers.

• A turbo engine consists of a compressor wheel and a turbine wheel connected by a shaft. These components are seen within a snail-shaped housing with an exhaust and inlet ports.
• The inlet port allows the exhaust gases produced by the engine to enter the turbocharger at high pressure and spin the turbine wheel. The turbine wheel, in turn, rotates the compressor wheel, which draws in a large amount of air from the outside.
• The compressor wheel compresses the air, which then expels it through the outlet port. Next, the compressed air flows into the cylinders through a pipe, where it combines with the fuel, resulting in a more potent explosion within the combustion chamber.
• The best thing about a turbocharger is that it does not require additional engine power to run. Instead, it uses the engine’s exhaust gases that would otherwise go to waste. This way, it improves the performance and efficiency of the engine without increasing fuel consumption.
• Since the turbocharger works at incredibly high pressure and generates high temperatures, it is usually accompanied by an intercooler. The intercooler functions as a device to cool the compressed air before it reaches the cylinders. This crucial step helps prevent engine overheating and minimises the potential for engine knocking.

Advantages and disadvantages of a turbo engine

Turbo engines have their own set of pros and cons. Let’s look at them in the following table.

Are you on an exciting journey of buying a brand new car? It's a significant investment, right up there with purchasing a house. But unlike a house, a car is a depreciating asset. Buying a car goes beyond the desire for comfort and convenience. A car often reflects your social and financial standing. However, it's important to remember that there are other expenses to consider along with the car's cost. Determining a budget that aligns with your financial health and long-term goals is crucial. Let's dive into the key considerations when calculating your new car budget in India.

Things to consider when calculating your budget for a new car

When calculating your budget for a new car, several crucial factors must be considered. Consider the following factors to calculate car budget, including:

Thumb rule: Set a reasonable budget

If you are wondering about "what car can I afford based on salary?" follow this thumb rule. A fundamental thumb rule to abide by when determining your budget for a new car is to avoid allocating more than half of your annual income to this purchase. This pragmatic guideline ensures a balanced approach to car affordability while safeguarding your overall financial stability.    

So, if you’re wondering “how do I know if I can afford a car?”, consider an illustrative scenario: if your annual income stands at ₹10 Lakhs, a reasonable budget would entail earmarking around ₹5 Lakhs for the car's cost. However, it's crucial to emphasise that this thumb rule doesn't solely encompass the car's ex-showroom price. Instead, it extends to the on-road price, which includes expenses like road tax, registration charges, and car insurance premiums. This comprehensive car insurance view provides a more accurate reflection of the actual costs of acquiring the vehicle.

When opting for a car loan, the thumb rule extends further to encompass the 20/4/10 principle. It entails initiating the purchase with a down payment of 20% of the car's price. Subsequently, securing a loan tenure within four years is recommended to avoid prolonged interest payment durations. Additionally, ensuring that your car-related expenses, including EMIs and car insurance, collectively remain within 10% of your monthly salary underpins prudent financial management.

Choose between new or old.   

Consider your needs rather than just your wants. If budget constraints come into play, don't overlook the option of a used car. Used cars can be up to 30% - 40% cheaper, depending on their age and condition. However, remember to account for potential maintenance costs and steer clear of vehicles older than five years.

Buying the right size   

Choose a car size that suits your family's needs and lifestyle. A hatchback or sedan might be ideal for a family of four, while a Multi Utility Vehicle (MUV) could be a better fit for larger families. Opting for a smaller model, when possible, can lead to cost savings.

Avoid negative compounding

Eligibility for a loan doesn't necessarily equate to affordability. Going beyond your budget can lead to negative compounding – the more you borrow, the higher your interest payments. Be cautious not to be lured into a larger loan than you can comfortably manage.

Contemplate maintenance costs

Remember, owning a car means ongoing expenses. Consider factors like insurance premiums, maintenance, fuel, and service costs. Over time, these seemingly minor expenses can accumulate and impact your financial well-being. Scrutinise the car's technical specifications, such as transmission modes and fuel types, to ensure they align with your budget.

More savings than EMI

Your car's Equated Monthly Instalments (EMIs) should not consume more than 10% of your savings. Ensure you're setting aside more funds than you allocate toward your car payments. If your EMIs exceed this threshold, consider postponing your purchase until your financial situation strengthens.

Types of spenders and new car budgeting advice

• Your approach to budgeting will also depend on the type of spender you are. Let us explore three common types:
• The practical buyer: If you are financially conservative and prefer low-risk options, choose a reliable and fuel-efficient car that fits within 40–50% of your annual income. Look for long-term value, low maintenance and affordable comprehensive car insurance.
• The aspirational buyer: If you dream of owning a premium car but do not want to strain your finances, consider purchasing a second-hand luxury car or using a larger down payment to reduce EMIs. Always factor in the higher insurance premiums that come with such vehicles.
• The impulsive buyer: If you tend to splurge, it is important to set strict financial boundaries. Avoid high EMIs that could affect your lifestyle or savings. Consider pre-owned options and research extensively before buying. Ask for a detailed quote on car insurance beforehand, which will help prevent surprise costs later.

How to calculate the budget for your car?   

When wondering “how to know if I can afford a car”, you must learn the basic steps to calculate the car's budget. Calculating your car budget entails several essential steps:

Check the on-road price

Before finalising your car budget, thoroughly examine the on-road price. This comprehensive figure includes the car's base cost and additional expenses like taxes, registration fees, and car insurance. Understanding the on-road price gives you a clearer picture of the overall investment required for your chosen vehicle.

Consider the monthly payments.

Calculate the monthly payments, including EMIs (Equated Monthly Instalments), and you'll need to allocate this for your car purchase accordingly. This step is crucial if you're opting for a car loan. Ensuring that the monthly payments fit comfortably within your financial capacity is essential.

Access your down payment.

Determine the amount you can allocate as a down payment for the car. You should know that a higher down payment lowers the loan amount, leading to lower monthly payments. Assessing your down payment capability helps you tailor your car budget to suit your financial situation.

Check the exchange value of your current vehicle, if any.

If you're replacing an existing vehicle, evaluate its exchange value. A good resale value for your old vehicle can significantly impact your new car's cost, potentially reducing your overall expenditure.

Consider your total debt.

Take a complete view of your existing financial commitments and debts. Assess whether adding a car loan to your financial portfolio is feasible. Carefully consider your total debt to ensure the new car purchase aligns with your financial stability.

Conclusion

In the exhilarating pursuit of a new car, prudent budgeting is vital. Consider a balanced approach, adhering to a rule of not exceeding half your annual income for the car's cost, including on-road expenses. Opt for practicality between new and used cars, accounting for maintenance costs. Evaluate size, savings-to-EMI ratio, down payment, exchange value, and total debt. Remember, car insurance safeguards your investment, so choose one wisely. With these principles, embark on your car journey confidently and financially prepared.

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.

In recent years, there has been a significant increase in the popularity of luxury cars among people in India. This is mainly because the country's economy has been multiplying, and many people now want to showcase their wealth and status by owning extravagant vehicles.

As more and more people become wealthy, they are looking for high-end cars that are not only elegant but also offer top-notch performance and the latest technology. You can find many luxury cars, including posh sedans, powerful SUVs, and stylish sports cars. Let's look at the list of top luxury cars in India.

List of Best Luxury Cars in India 2023

1. Mercedes-Benz S-Class

The Mercedes-Benz S-Class is one of the world's most luxurious and advanced sedans. It offers a blend of comfort, performance, safety, and technology unmatched by any other car. The Mercedes-Benz S-Class is currently available in three variants: the S350d, S400d 4Matic, and the S450 4Matic (Petrol). It is available in five colours– Designo Diamond White Bright, Onyx Black, Nautic Blue, High Tech Silver, and Graphite Grey.

Other features:

The S350d has a 3.0-litre diesel engine that produces 281.61bhp@3400-4600bhp of power and 600Nm@1200-3200rpm of torque.
In terms of entertainment, it has a 12.8-inch MBUX touchscreen infotainment system with Android Auto and Apple CarPlay, a Burmester 4D sound system.
Its safety features include ten airbags, active parking assist, a 360-degree camera, pedestrian protection, and lane-keep assist.

2. Land Rover Range Rover

The Land Rover Range Rover gets classified as a premium SUV. Among the best luxury cars in India, this vehicle gets noted for its luxury, off-road capability, and advanced technology. The Land Rover Range Rover is available in 50 variants, with engine options ranging from 2996 cc to 4395 cc and a choice of 1 transmission: Automatic. It comes in four broad trims: SE, HSE, Autobiography, and First Edition. It also has two wheelbases and three seating options on offer. Some noteworthy features of this car are:

It has a 13.1-inch curved MBUX touchscreen infotainment system along with Android Auto & Apple CarPlay and a Burmester 4D sound system.
It also features four-zone climate control, 64-colour ambient lighting, two wireless phone chargers, rear-seat entertainment screens, a massage function, air suspension, and a panoramic sunroof.
Its safety features include six airbags, active parking assist, a 360-degree camera, pedestrian protection, lane-keep assist, and a tyre pressure monitoring system.

3. BMW X7

The BMW X7 is the ultimate SUV for those who want to experience the best of both worlds: luxury and adventure. It is a car that can take you anywhere with style and confidence. It is available in two variants: the xDrive40i M Sport and the xDrive40d M Sport. The xDrive40i M Sport gets powered by a 3.0-litre six-cylinder petrol engine with 48V mild-hybrid technology that produces 375.48bhp@5200-6250 of power and 520Nm@1850-5000rpm of torque. The xDrive40d M Sport gets powered by a 3.0-litre six-cylinder diesel engine that produces 335.25bhp@4400rpm of power and a torque of 700Nm@1750-2250rpm. Both engines come equipped with an 8-speed automatic transmission and feature BMW's xDrive all-wheel drive system.

Other features include the following:

It has a 14.9-inch curved MBUX touchscreen infotainment system and a 16-speaker Harman Kardon surround sound system.
BMW X7 is available in four colours: Alpine White, Black Sapphire Metallic, Phytonic Blue Metallic, and Mineral White Metallic.
It also has an instrument cluster of 12.3-inch digital, iDrive Controller, widescreen curved display, hands-free tailgate, 5-zone remote climate control, and many more.

4. Toyota Vellfire

The Toyota Vellfire is a premium MPV. It has two variants, namely Hi and VIP Executive Lounge. It has a 2.5-litre petrol-hybrid engine that produces 115.32bhp@4700rpm of power and a torque of 198Nm@2800-4000rpm. The engine has a CVT gearbox and an e-Four all-wheel drive system. Other features of this car are:

a 13.9-inch monitor for rear entertainment and a 15-speaker JBL sound system.
14-colour ambient lighting, a dual-panel sunroof, a heads-up display, and power-operated sliding doors.
The Toyota Vellfire safety features include seven airbags, ABS with EBD and brake assist, vehicle stability control, blind spot monitor, and more.

If you’re a proud owner of a vehicle, chances are that you might be looking for an insurance cover to safeguard your prized possession. But first, you must know about the different types of insurance coverage available to understand what’s in it for you.

Motor insurance generally encompasses various motor vehicles like motorcycles, cars, and commercial vehicles. This insurance is crucial for personal and public safety. Motor insurance extends beyond the vehicle itself. To delve into its specifics, let's explore the types of motor insurance and their coverage. Generally, the classification gets based on two factors: the vehicle type that’s insured and the desired coverage extent. By understanding the various aspects of motor insurance, you can ensure your protection and the well-being of others on the road.

Types of Motor Vehicle Insurance

Different types of motor vehicle insurance offer various coverage options. The following are some of the most popular types of motor insurance policies in India.

Private Car Insurance

Car Insurance provides financial protection for personally used vehicles. It safeguards cars and owners from accidents, theft, fires, and natural calamities. It also covers third-party liabilities, including injuries, fatalities, or property damage from accidents involving the insured car. While third-party liability coverage is obligatory by Motor Vehicle Act in India, having own damage insurance is good for its comprehensive coverage. However, it excludes damages from breakdowns, invalid licenses, drunk driving, wear and tear, and incidents outside the specified area or due to commercial use.

Policyholders can enhance coverage with optional add-ons like zero depreciation, engine assistance, loss of belongings, return to invoice, and consumables cover. Factors like budget, coverage needs, vehicle age, and type play a significant role in this type of car insurance.

To file a Private Car insurance claim, contact your agent, dial the toll-free number, or complete online forms provided by your insurance service provider. Ensure you possess essential details like incident date and time, policy number, and contact information. 

Two-wheeler Insurance

A two-wheeler policy is mandatory and covers third-party liabilities and own damages. The types of motor vehicle insurance, in this case, include third-party, comprehensive, and standalone own-damage insurance. 

Third-party insurance is obligatory and covers third-party losses. Comprehensive insurance covers personal damages and third-party liabilities. Standalone own-damage insurance covers the insured vehicle.

Inclusions cover natural and man-made damage. Exclusions include driving under the influence of intoxicating substances and the absence of valid documentation. 

Commercial Vehicle Insurance

It is one of the most popular types of motor vehicle insurance that covers damage to or by commercial vehicles, protecting both parties in accidents. Business owners are mandated to insure vehicles like trucks, buses, and cabs. Key features include comprehensive coverage for public and private carriers, liability for accidents, and compensation for unexpected expenses. It also addresses third-party damage and offers personal accident coverage. Exclusions encompass wear and tear, war perils, and usage limitations. This insurance ensures business operations continue smoothly by providing financial security against adverse events.

To claim this insurance, promptly inform the insurer and provide essential details like time, location, and incident description. Required documents for claiming your insurance include vehicle registration, driving license, claim form, FIR copy, tax receipt, Aadhar card, fitness certificate, policy papers, and route permit.

Conclusion

Various types of motor vehicle insurance play a vital role in ensuring personal and public safety on the roads. For example, private car insurance, while not obligatory, offers extensive security against various damages and liabilities, enhancing peace of mind. By understanding the nuances of the different types of motor insurance policies and choosing the right coverage, you can secure your well-being and contribute to safer road experiences for everyone. Remember to choose a policy based on your budget and usage.

Have you ever wondered how cars and other vehicles smoothly glide over bumpy roads without rattling everyone inside? Well, the secret lies in their suspension systems! In India, different types of suspension systems play a vital role in ensuring a comfortable and safe ride. But what exactly are these suspension systems, and how do they work? Let’s find out.

What are the different types of suspension systems in India?

1. Leaf Spring Suspension 

It is a simple form of suspension that uses several metal strips, called leaves, stacked on each other to absorb shocks and vibrations from the road. It gets commonly used for heavy vehicles like trucks and buses, but some cars in India also have leaf spring suspension, especially in the rear axle. 

2. Trailing Arm Suspension

It is a type of independent rear suspension system for cars that uses a large, horizontal arm to connect the wheel hub to the vehicle frame. The arm pivots at one point, ahead of the wheel, and allows the wheel to move up and down with the road surface. 

3. Non-Independent Suspension

This vehicle suspension connects both wheels on the same axle with a solid beam or bar. This means the other wheel tilts slightly when one wheel moves up or down due to a bump or pothole. It is suitable for handling heavy loads and navigating challenging roads.

4. Independent Suspension

This type of vehicle suspension entails an enhanced damping effect. There is no link between the movement of the right and left wheels, which allows the vehicle to move independently. The structure is a bit complex as the layout of dampers and springs differs considerably with distinct categories of independent suspensions.

5. Double Wishbone Suspension

It is a type of suspension where the wheels get mounted on two arms, usually of unequal length, along with a coil spring and shock absorber. It is used in sports cars and luxury cars, as well as some trucks and SUVs. It offers great handling, stability, and control at high speeds because it has a low centre of gravity and allows each wheel to react independently from the others. 

6. MacPherson Strut Suspension

It is a type of front suspension system that uses the top of a shock absorber as the upper steering pivot for the wheel. It consists of a coil spring, a shock absorber, and a control arm that connects the wheel hub to the chassis. It allows the wheel to move up and down independently of the other wheels, improving ride comfort and handling. 

7. Air Suspension

This vehicle suspension system uses airbags or bellows instead of conventional or leaf springs. It provides better ride comfort, handling, and load-carrying capacity by adjusting the air pressure in the airbags according to the road conditions and vehicle load.

8. Multi-Link Suspension

It is a type of independent suspension that uses multiple linkages to control the movement and alignment of the wheels. It offers better handling and ride comfort than non-independent suspension, as it can isolate the effects of bumps and corners on each wheel. Multi-link suspension is also more adaptable and adjustable, as it allows fine-tuning of the suspension geometry and characteristics.

How does a car suspension system work?

A car suspension system comprises springs that can retain the kinetic energy produced by friction when the vehicle moves on a rough road at high speeds. Subsequently, this stored energy gets transferred to the dampers, where it converts into heat energy. 

The fluid within the dampers efficiently disperses this energy, preventing overheating issues. As a result of the coordinated action between springs and dampers, you can experience optimal safety and comfort during your ride. Even though suspension offers enough stability control, buying car insurance is recommended to overcome any financial challenges arising from a road mishap.

When purchasing motor insurance, the primary focus is the insurer’s claim process. We examine various factors, such as the claim settlement ratio, the availability of network garages for cashless claims, the necessary documents, and more. However, amidst all these considerations, we often neglect the crucial aspect of understanding how to track the status of our claims. Suppose you are currently an ICICI Lombard customer and have recently filed a claim for accident-related repairs, theft, or any other reason. In that case, this guide will provide you with assistance on how to monitor their progress effectively.

Initiating a claim on car insurance online involves several key steps:

1. Inform Your Insurer Immediately: Contact your insurance company immediately after the incident. Prompt notification is crucial for a smooth claim process.
2. File a Police Report if Necessary: For incidents like theft, vandalism, or significant accidents, lodging a First Information Report (FIR) with the police is mandatory.
3. Document the Incident: Gather evidence by taking photos of the damage, accurately noting the time and location,and collecting contact information of any witnesses.
4. Submit the Claim Form: Fill up the claim form provided by your insurer, making sure all details are accurate and complete.
5. Vehicle Inspection: Your insurer may arrange for a surveyor to assess the damage before repairs commence.
6. Repair and Settlement: Once approved, you can proceed with repairs. Depending on your policy, the insurer may offer cashless repairs at network garages or reimburse you based on the bills submitted.

Details and documents for motor insurance claims

Having the correct documentation is vital for a hassle-free claim process. Typically, you will need:

• Duly Filled Claim Form: Accurately completed with all necessary details.
• Copy of the Vehicle's Registration Certificate (RC): To verify ownership and vehicle details.
• Driver's License Copy: Proof that the driver was legally permitted to operate the vehicle at the time of the incident.
• First Information Report (FIR): Required for thefts, major accidents, or third-party damages.
• Original Repair Bills and Payment Receipts: These documents are essential for reimbursement claims.
• Policy Document: Copy of your current insurance plan for reference.

Tip: If you haven't filed a claim in the past year, you may be eligible for a no claim bonus in car insurance, which can help reduce your policy renewal premium.

Do's and don'ts for registering a motor insurance claim

Following to these guidelines can significantly improve the chances of a successful claim- 

Do's:

• Notify Your Insurer Promptly: Delays can lead to complications or even claim denial.
• Read Your Policy Thoroughly: Understand the coverage, exclusions, and claim procedures specific to your policy.
• Keep Copies of All Documents: Keep copies of all submitted documents for your records.

Don'ts:

• Avoid Unauthorised Repairs: Don't start repairs without the insurer's approval, as this may lead to claim rejection.
• Don't Misrepresent Facts: Always provide accurate information; discrepancies can result in claim denial.
• Don't Neglect Policy Renewals: Ensure your policy is active to avoid complications during claims.

How to track your motor insurance claim online

We have several ways to track your motor insurance claims. Below are the lists.

Through Website

• Visit our official website.
• Tap on 'Claims' under the dashboard.
• Choose 'Motor Claims.'
• Click on 'Check claim status and upload documents.'
• Enter the registered mobile number and input OTP.
• Your claim status will get displayed on your screen.

 Through ILTakeCare App

• Get this app from PlayStore or AppStore.
• If you use this app for the first time, share your name, email address, and contact number to register.
• Click 'Add Policy' to update your policy number on this app.
• Choose 'Motor Insurance', then under the 'Policy purchased by' section, click on 'Me.'
• Share policy number. If you don't remember this number, share your bike's registration and chassis numbers.
• Tap on 'Add Motor Policy.'
• Now return to the home page and click on 'Claims.'
• Select 'Policy Number.'
• Click on ‘Track Your Claim.’
• Select your claim number.
• Now, you can view the status of your claim.

Through WhatsApp

We have deployed RIA, our intelligent bot, to handle all your queries smoothly. Follow the below steps.

• Save 7738282666 in your phone book.
• Send 'Hi' on this number over WhatsApp.
• Click on 'Service Menu' and choose 'Help with Claims.'
• Tap on 'Options' and select 'Motor.'
• Again, click on 'Options' and choose 'Claim Status.'
• You can now view the exact status of your motor insurance.

It is worth noting that you should chat on WhatsApp with the number registered in your policy to get the status of your claim.

Conclusion

Understanding the process of claiming car insurance online is an important part of enjoying the insurance benefits. By following the steps mentioned in this blog, keeping the documents updated, and following the recommended practices, you can be sure to complete the claim process efficiently. Additionally, using online tools provided by insurers simplifies tracking and managing your claims.

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.  

Having a car insurance document with you is paramount, and here's why. First and foremost, it serves as proof of financial responsibility. Four-wheeler accidents can occur unexpectedly, and if you find yourself involved in one, having valid insurance coverage is crucial. Your car insurance document provides evidence that you can cover the costs associated with any damages or injuries resulting from an accident. 

Furthermore, carrying your car insurance document helps ensure compliance with legal requirements. Failing to have proof of insurance can lead to significant penalties, such as fines, license suspension, or even legal consequences.

If you have not downloaded your policy document yet and have insurance with us, the following article will guide you through the steps.

How to download a car insurance policy document?

At ICICI Lombard, we ensure prompt delivery of the soft copy of your car insurance policy directly to your registered email address. If you misplaced this vital document, we recommend searching your email inbox for our message, as it contains the policy attachment for easy retrieval and downloading. However, we have alternative options for your convenience if you cannot locate the email.

Through Website

• Go to our official website.
• Look for the 'Support' section under the dashboard.
• Choose 'Help Centre.'
• Go to the 'Online Requests' section.
• Choose 'Require policy copy.'
• Click 'Product Name' and choose your car insurance typet from the drop-down list.
• Select 'Request' under the 'Case Type.'
• Enter your policy number and provide either your contact number or birth date.
• Input alphanumeric code and tap on 'Proceed.'

Through Ria

To enhance convenience and streamline the process, we have implemented a responsive and intelligent bot named 'RIA' within our system. RIA can assist you with all your requests and queries efficiently. Connecting with RIA to download your policy document is a simple process. Here is how you can get in touch with her:

• Follow the previously mentioned steps to visit the 'Help Centre' web page.
• Tap on 'Ask Ria.'
• Click on 'Already a customer.'
• Select 'Download your policy.'
• Select and provide any of the following: Policy, contact, or vehicle numbers.
• You will now receive the soft copy of your document.

You can also connect with RIA on WhatsApp by texting 'Hi' at 7738282666. The steps required on WhatsApp are almost similar to the preceding one.

Other ways

• Call 18002666 and connect with our executive for further assistance related to policy download.
• Email us your request and mention the policy number in the mail body at customersupport@icicilombard.com
• Download ILTakeCareApp. Add your policy using the policy number and request the insurance copy from the app. 
  
  
  

Having a general insurance policy document in hand is crucial. It provides a comprehensive understanding of the coverage offered by the insurance policy. The policy document outlines the terms and conditions of the car insurance contract, clarifying the rights and responsibilities of both the insurer and the insured. Moreover, the policy document details any exclusions or deductibles associated with the policy.

If you have insured your health or vehicle with us, here is a general, step-by-step guide on how to download the policy document-

How to download the ICICI Lombard policy document?

There are a number of effortless ways to download your policy document. You can go to our official website, get assistance from our chatbot RIA, download our app, or write to us to access your policy document copy. Here is a detailed guide to all the available options- 

Through Website

• Navigate to the 'Support' section under the dashboard displayed on the home page.
• Choose 'Help Centre' from the drop-down menu.
• Scroll down and find 'Online Requests.'
• Choose 'Require Policy Copy' under the 'Request policy copy' section. 
• Choose product type and select 'request' as your case type.
• Click 'Next' to share your policy number and other required information under the details-2 section.
• Input the code and tap on Proceed.

Through Chatbot

We have deployed RIA, an intelligent chatbot in our system that can assist in buying, renewing, or changing policy-related details. Here is what you need to do to get policy documents.

• Click 'Ask RIA.'
• Select 'Already a customer.’
• Click on 'Download your policy.'
• Provide policy/mobile/UHID/vehicle number, depending on your policy type.
• After a few more requirements, you can easily access your policy document and download it.

Our bot, RIA, is also available on WhatsApp, and you can connect with her here at 7738282666.

Other Ways

You can also request your policy document through the ILTakeCare App. Further, writing at customersupport@icicilombard.com or calling 18002666 can also assist in downloading the policy document.

How do you download the ICICI Lombard health insurance policy documents?

A health insurance policy is your shield against unforeseen challenges to your well-being. If you have your health insurance policy with ICICI Lombard, the easiest option is to check your mail for the confirmation after payment or renewal, which has your copy of the policy as its attachment.

From Website- 

• Go to the homepage
• Click on “Support” 
• Click “Help Centre” 
• Go to “Online Requests”
• Choose “Require Policy Copy”
• Click on “Product Name” and choose “Health”
• Click on “Case Type” and Choose “Request”
• Enter the required details
• Type the code and choose “Proceed”

Through RIA 

You can follow the steps discussed for downloading the ICICI Lombard policy document from Chatbot to download your health insurance policy through RIA. 

• Click on “Ask RIA” on our Help Centre
• Select “Already a Customer”
• Click on “Download Your Policy”
• Select your UHID number/policy number/mobile number
• Continue and you will get a softcopy of your health insurance policy 

How do you download the ICICI Lombard car insurance policy documents?

We always mail a softcopy of your third-party or comprehensive car insurance policy document after the payment and renewal. You can find this on your registered email address. If you are unable to find your copy, you can follow these simple steps to download your policy document- 

From Our Website- 

• Go to “Support”
• Click on “Help Centre”
• Go to “Online Requests”
• Choose “Require Policy Copy” 
• Choose “Product Name” and pick your car insurance type from the list 
• Enter the policy number and provide your date of birth/ contact number 
• Enter the code and click on “Proceed”

From RIA

For downloading your car insurance policy using our chatbot- 

• Go to the “Help Centre”
• Click on “Ask RIA”
• Choose “Already a Customer”
• Click “Download Your Policy”
• Choose and provide one of these details- contact number, date of birth, or vehicle number.
• You will get a soft copy of your policy documents. 

How do you download the ICICI Lombard bike insurance policy documents?

In case you cannot find your two wheeler insurance policy document in your mail, here are the methods for obtaining its copy- 

From our Website 

• Go to our website
• Click on “Support” and go to “Help Centre”
• Go to “Online Requests”
• Choose “Request Policy Copy”
• Pick your insurance type in the product section
• Enter required details such as date of birth or phone number
• Input the code and click “Proceed”

From RIA

To download your bike insurance documents using our chatbot follow these simple steps- 

• On “Help Centre,” click “Ask RIA”
• Choose “Already a Customer”
• Click “Download your Policy”
• Choose one of the details (date of birth, registered phone number, vehicle number) and enter the details. 
• Your document will be downloaded. 

How do you download the ICICI Lombard travel insurance policy documents?

When you get your travel insured with a travel insurance policy from ICICI Lombard, you will receive a mail from us containing your policy documents in an attachment.

In case you are unable to find the document, these are the simple steps you can follow to get a copy of your travel insurance policy documents- 

From Our Website 

• Visit our website
• Choose “Support” and click “Help Centre”
• Click on “Online Requests”
• Click on “Request Policy Copy”
• Pick your insurance type in the product section
• Enter required details such as date of birth or phone number
• Input the code and click “Proceed”

From RIA

• Visit “Help Centre”
• Choose “Ask RIA”
• Click on “Already a Customer”
• Choose “Download your Policy”
• Pick one of the details (date of birth, registered phone number, vehicle number) and put the details. 
• Your document will be downloaded. 

Conclusion

This is your complete guide to downloading all kinds of insurance policy documents. By following these steps, you can easily get a soft copy of your policy that will come in handy.

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.

Are you thinking about renting a car? Well, you’re not alone.

Owning a car can be expensive. The initial investment to purchase a car is high, and ongoing maintenance expenses keep increasing over time. Hence, renting a car can be a more affordable option for many people. You can rent a car for a few days or months, giving you flexibility.

But when it comes to renting a car, what about car insurance? Do you need it? The answer is yes. Having car insurance coverage is important when you’re driving a rental car.

But how does rental car insurance actually work? Why is it necessary? And what things should you consider before getting rental car insurance?

In this blog, we will understand how rental car insurance works. We will also look at its significance and factors to consider before buying rental car insurance.

How does rental car insurance work?

Rental car insurance operates quite differently from standard car insurance, and its benefits and coverage can vary depending on the rental company and your location. Generally, there are three types of coverage insurers offer for rental car insurance.

The first type is Collision Damage Waiver (CDW). This coverage protects you against damages to the rental car’s body but doesn’t extend to tires, engines, windshields, and other parts. Additionally, it doesn’t cover incidents involving driving under the influence of drugs/alcohol or reckless driving.

The second type is theft protection. If your rented car gets stolen, the financial implications can become significant. Theft protection coverage ensures you won’t have to bear the expenses personally. It also covers damages resulting from attempted theft.

Lastly, there’s third-party liability coverage. This coverage takes care of damages caused to any third party if you’re involved in an accident while driving a rental car.

What does rental car insurance cover?

Rental car insurance typically includes:

• Collision Damage Waiver (CDW): This provides coverage for damages caused during a mishap or accident.
• Liability Insurance: Covers damage to other people’s property and medical expenses if you’re at fault.
• Personal Accident Insurance: This provides coverage for the costs of medical expenses for the car driver and fellow passengers.
• Theft Protection: Covers losses if the rental car is stolen.

Before renting a car, check whether your existing car insurance policy covers rentals to avoid unnecessary expenses.

Significance of car rental insurance cover

A rental car insurance policy is crucial as it safeguards you against any damage to the car or third-party liability in case of an accident.

A super Collision Damage Cover can protect against bodily damage to a car and car parts like windows, engines, windshields, etc. In case of any injury to you or the car's occupant due to an accident, a personal insurance cover can take care of medical expenses in such a scenario.

Similarly, a roadside assistance cover can save you from inconvenience if your rented car runs out of fuel, breaks down, or leaves you stranded due to a puncture. Third-party liability coverage protects you against third-party liabilities, and the maximum limit for this coverage can get increased by purchasing Supplemental Liability Insurance. If you get into an accident with an uninsured other party, an uninsured motorist protection coverage will provide coverage.

If you want the level of protection offered by all the above coverages, opt for full protection coverage. It protects against damage to the vehicle, theft of the rented car, repair charges, and any other costs involved in the car rental insurance claim process.

Things to check before buying insurance for rental cars

There are several important factors that you should keep in mind before buying insurance for rental cars.

Firstly, you should be aware of the maximum limit of collision loss damage insurance. If the claim made by the rental company is greater than the coverage provided by rental car insurance, you might be responsible for paying the difference.

You should also be aware of whether it is primary or secondary coverage for rental car insurance. Primary coverage is ideal, and you can also avail of it with credit cards. This ensures that your credit card provider takes care of the insurance claim.

Moreover, you should keep in mind the extent of coverage. This will depend on the type of coverage you opt for. For instance, a collision damage waiver covers only the body of the car and not its parts.

Frequently Asked Questions

1. How to purchase rental insurance?

Mostly your car rental company provides you with rental insurance coverage. You can purchase it from them.

2. Do I need to purchase extra insurance while renting a car?

Yes, you need accidental damage coverage. Mostly, your car rental company will provide you with the same.

3. I have personal insurance. Will it provide coverage if I rent a car?

Yes, if you have comprehensive coverage that provides liability protection to your car, it will also extend to your rented car.

4. Is a Collision Damage Waiver mandatory if I rent a car?

If your car insurance plan or credit card provides coverage for rental car damages, you need not purchase it. But in the absence of these, you need to purchase a Collision Damage Waiver.

Conclusion

Rental car insurance is essential for protecting yourself from financial risks. Before purchasing additional coverage, review your existing comprehensive car insurance and credit card benefits to avoid unnecessary costs. Understanding these aspects ensures a smooth rental experience and safeguards against unforeseen expenses.

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.

Car mileage can affect our car performance. Hence, we must know how to improve car mileage. Increasing your car mileage can help with fuel efficiency. Here are effective tips to improve your car’s mileage and reduce fuel expenses, factors that impact car mileage, and things that you should avoid to maximise the mileage.

Top tips to improve your car’s mileage

• Keep Engine in a Good Health

Regular maintenance and upkeep of your car’s engine are vital in maximising fuel efficiency. It includes changing the oil and oil filters per the manufacturer’s recommendations, replacing air filters when necessary, and ensuring that spark plugs are in good condition. A well-maintained engine performs optimally, burns fuel efficiently, and contributes to better mileage.

• Reduce the Load Inside the Car

Carrying unnecessary weight in your vehicle can significantly impact fuel consumption. Take a moment to assess the items you have stored in your car and remove anything you don’t need for your daily commute or upcoming trip. Excess weight puts additional strain on the engine and increases fuel consumption. By lightening the load, you can improve your car’s mileage.

• Use the Correct Engine Oil

Choosing the correct grade of engine oil recommended by the manufacturer is crucial for optimal engine performance and fuel efficiency. The right engine oil helps reduce friction and wear, allowing the engine to operate smoothly and efficiently. Refer to your vehicle’s manual to determine your specific engine’s oil viscosity and type.

• Be Easy on Pedal

Aggressive driving habits such as rapid acceleration, sudden braking, and excessive speeding can significantly reduce your car’s fuel efficiency. Instead, adopt a more relaxed and steady driving style. Accelerate gradually, maintain a consistent speed, and anticipate traffic flow to minimise unnecessary stops and starts. Being gentle on the pedal can conserve fuel and improve mileage.

• Maintain the Right Air Pressure

Proper tire inflation is vital for fuel efficiency. Under-inflated tires increase rolling resistance, forcing the engine to work harder and consume more fuel. Conversely, over-inflated tires can lead to a harsh ride and uneven tire wear. Regularly check your tire pressure using a reliable gauge and inflate them to the recommended level specified by the manufacturer. It will help optimise fuel economy and ensure safer driving.

• Avoid Over-revving

Over-revving the engine puts an unnecessary burden on your car’s fuel consumption. Revving the engine beyond its recommended limits wastes fuel and increases wear and tear on engine components. Practice smooth and gradual acceleration, shifting gears at the appropriate RPM range to promote fuel efficiency and preserve the longevity of your engine.

• Use Gears Correctly

Whether you have a manual or automatic transmission, using gears correctly can significantly impact your car’s mileage. In a manual transmission car, shift to higher gears as soon as you reach the recommended speed range. In an automatic transmission car, allow the transmission to shift up to higher gears without unnecessarily revving the engine. It allows for smoother and more efficient power delivery, resulting in better fuel economy.

• Check Wheel Alignment

Proper wheel alignment is crucial for maintaining optimal fuel efficiency. Misaligned wheels can cause uneven tire wear and increased rolling resistance, reducing mileage. Regularly check the alignment of your wheels and have them aligned by a professional if necessary. It will ensure your tires roll smoothly, reducing unnecessary drag and improving fuel efficiency.

• Leave the Air-Con Turned Off

While it may be tempting to keep the air conditioning running constantly, excessive air-con use puts additional load on the engine, leading to increased fuel consumption. Instead, use natural ventilation or open windows for cooling when the weather permits. You must reserve air conditioning for extremely hot or humid conditions or at higher speeds where the drag from open windows may impact mileage.

• Maintain an Optimal Speed Limit

Driving at high speeds significantly increases aerodynamic drag, notably affecting fuel consumption. As the manufacturer recommends, maintaining a moderate and optimal speed limit allows your car to operate more efficiently. Adhering to speed limits promotes safer driving, helps conserve fuel, and improves mileage.

Factors that influence car mileage

1. Driving Conditions

City driving with frequent stops and road congestion reduces mileage, while highway driving at steady speeds improves fuel efficiency.

2. Car Maintenance

Regular servicing, oil changes, and using quality fuel improve mileage, whereas neglecting maintenance can reduce fuel efficiency.

3. Tire Quality and Pressure

Worn-out or incorrectly inflated tyres increase rolling resistance, causing the engine to consume more fuel.

4. Aerodynamics and Load

Adding roof racks, spoilers, or carrying excess weight in the car impacts aerodynamics and fuel consumption.

5. Fuel Quality

Low-quality or adulterated fuel reduces engine performance, leading to poor mileage.

6. Transmission Type

Automatic cars generally consume more fuel than manual cars due to energy loss in torque converters. However, modern CVT and DCT transmissions are designed to optimise mileage.

Common mistakes that lead to poor mileage of the car

1. Ignoring Regular Maintenance

Skipping oil changes, not replacing air filters, and delaying engine servicing can drastically reduce fuel efficiency.

2. Overusing Air Conditioning

Continuous use of air conditioning increases engine load and fuel consumption.

3. Driving with Windows Down at High Speeds

Open windows create aerodynamic drag, forcing the engine to work harder, and reducing mileage.

4. Incorrect Tire Pressure

Both under-inflation and over-inflation of tyres can negatively impact fuel efficiency.

5. Overloading the Vehicle

Carrying unnecessary items in the trunk puts extra strain on the engine, increasing fuel consumption.

6. Using the Wrong Engine Oil

Using engine oil that is too thick for your car’s engine can create friction and reduce efficiency.

7. Frequent Short Trips

Engines perform best when warmed up. Frequent short-distance drives prevent the engine from reaching optimal operating temperature, reducing mileage.

8. Not Investing in Four Wheeler Insurance

Comprehensive four wheeler insurance can help cover maintenance costs after an accident, ensuring your car remains in good condition, which indirectly affects fuel efficiency.

Conclusion

Now you know how to increase car mileage, you can improve your vehicle’s mileage and save fuel. It will also contribute to a more eco-friendly and cost-effective driving experience. Another thing you should consider for your vehicle is car insurance. It will give you financial protection against any unexpected event. Opting for bumper to bumper car insurance and four wheeler insurance can help you manage unexpected repairs and maintain your vehicle’s overall health. Drive smart, stay safe, and enjoy better mileage from your car.

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.

With car insurance, you won’t have to worry about bearing the full financial burden if something goes wrong. It is a type of coverage that protects you and your vehicle in case of accidents, theft, or damage. It acts like a safety net for your vehicle. However, this safety net has an expiration date. We recommend that you learn about its expiration date and remain prepared to renew it. So, it’s always smart to have car insurance to safeguard your wheels and your wallet. Here, we will help you check your car insurance expiry date.

How to check car insurance validity?

There are several ways to check car insurance expiry date-

1. Policy document

The most straightforward way to find your insurance expiry date is by reviewing your policy document. This paper, provided by your insurer at the time of purchase or renewal, contains all the essential details, including the policy's start and end dates. Ensure you store this document safely, either as a physical or digital copy, for easy reference.

2. Insurance provider's website or mobile app

Most insurance companies offer online services through their official websites or mobile applications. To check your policy details:

• Visit the official website or open the mobile app of your insurance provider.
• Log in using your registered credentials.
• Go to the section that contains the policy details.

3. Contacting customer support

If you prefer direct assistance, you can contact your insurance company's customer support:

• Call the customer service helpline: Provide your policy number or vehicle registration number to the representative, who can then inform you of your policy's expiry date.
• Visit the nearest branch: Bring your policy document or vehicle details to the branch, where staff can assist you with your query.

What is the validity of a car insurance policy?

The validity of a car insurance policy refers to the period during which it remains active and provides coverage for the insured vehicle. It depends on the type of policy chosen by the vehicle owner.

1. Annual car insurance policy: Whether third-party or comprehensive car insurance for old four-wheelers, this type of policy has a standard validity period of one year.
2. Long-term car insurance policy: An insurance valid for 5 years is mandatory for newly purchased cars.
3. Temporary car insurance policy: It is short-term car insurance valid for a few months. This policy caters to special cases where coverage is required for a limited time, such as for rental or leased cars.

How to check the insurance expiry of your car?

There are several ways in which you can check the expiry date of your car insurance-

Check car insurance online on the Parivahan Sewa website

The Ministry of Road Transport and Highways maintains the Parivahan Sewa website, which stores data on all registered vehicles in India. To check your car insurance status:

1. Visit the Parivahan Sewa website: Navigate to the official Parivahan Sewa portal.
2. Access vehicle details: Click on the 'Information Services' tab and select 'Know Your Vehicle Details.'
3. Enter registration number: Input your vehicle's registration number and the verification code displayed.
4. View insurance details: The portal will display your vehicle's details, including the insurance validity and expiry date.

This method provides a quick and reliable way to verify your car insurance status online

 On the Parivahan app

The mParivahan app, developed by the Ministry of Road Transport and Highways, offers a user-friendly platform to access vehicle-related information:

1. Download and install the mParivahan app. It is available on both Android and iOS platforms.
2. Open the app, select your preferred language and proceed by clicking "Continue."
3. Log in with your mobile number.
4. Enter your vehicle registration number and the app will display your vehicle's details, including insurance validity.

On the IIB portal

If you are wondering how to check your car insurance expiry date online, one method is to use the Information Bureau for Insurance. It entails visiting the bureau’s website and entering the necessary information about your vehicle.

1. Once you submit the details, you can view the policy information, including the expiry date of your insurance.
2.  If there is no active policy, you can also access any previous relevant policy details. If you cannot find the necessary information, try searching using your vehicle’s engine or chassis number.
3. Checking through the Information Bureau for Insurance provides a convenient way to stay updated on the status of your comprehensive car insurance.

Check car insurance online status on VAHAN

You can follow these steps if you need to learn how to check car insurance renewal dates using VAHAN E-service. These steps include:

• Visit the website for VAHAN e-services.
• Look for the option “Know Your Vehicle” and click on it.
• Enter the verification code and your car registration number as prompted.
• Select “Search Vehicle” to proceed.
• It will display the insurance expiration date and other relevant information about your car.

Conclusion

You must check the expiry date of your car insurance regularly to avoid any lapses in coverage. You can utilise different methods such as the Information Bureau for Insurance, VAHAN E-Service or scanning the QR code on your policy to check the expiry date conveniently. Remember to set reminders or alarms to stay informed about the expiration of your policy. Insurance companies often provide a grace period of 30 days, but delaying the renewal for more than 90 days may result in the loss of a No Claim Bonus (NCB). You may even have to purchase a new insurance policy.

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. 

The cost of fuel is a significant expense for vehicle owners worldwide. A high average fuel economy translates to lower expenditures on petrol or diesel, ultimately leading to increased overall savings. Conversely, vehicles with low mileage consume fuel at a faster rate, necessitating more frequent refills and subsequently raising costs. It is important to note that car mileage influences your car insurance as well. Car insurance companies consider your yearly mileage when determining your premiums. Thus, knowing which car has the highest mileage will help in finalising your choice.

Top 10 best mileage cars in 2025

Knowing which car gives best mileage will help you choose the best value car. But before you make that all-important choice, let’s look closely at the vehicles offering the best mileage in India. We have curated a list by segregating the cars based on their petrol, diesel and electric variants.

Best mileage petrol cars in 2025

Petrol cars continue to be popular in India due to their affordability and ease of maintenance. Here are the best mileage petrol cars in 2025:

• Maruti Suzuki Celerio (26 km/l) – A top choice for those looking for a reliable, fuel-efficient hatchback.
• Maruti Suzuki Wagon R (24.43 km/l) – A family-friendly hatchback with a tall-boy design and practical features.
• Maruti Suzuki Swift (25.75 km/l) – Offers a peppy driving experience with stylish looks and high mileage.
• Toyota Glanza (22.94 km/l) – A premium hatchback that combines style with excellent fuel efficiency.
• Hyundai Grand i10 Nios (16 km/l) – A comfortable hatchback offering a smooth ride and good mileage.

Best mileage diesel cars in 2025

Diesel cars are known for their higher fuel efficiency and lower running costs for long-distance travel. Here are the top diesel mileage cars in India for 2025:

• Tata Altroz Diesel (19.33 km/l) – A premium hatchback with a robust build and excellent fuel economy.
• Hyundai Aura Diesel (25.40 km/l) – A fuel-efficient compact sedan with a comfortable cabin and good mileage.

Owning a diesel car comes with additional responsibilities, including selecting the right car insurance policy to safeguard against unforeseen events.

Best mileage electric cars in 2025

With the rise in eco-conscious consumers, electric vehicles (EVs) are gaining popularity in India. Here are the top EVs offering the best mileage (range per charge):

• Tata Tiago EV (315 km range) – A budget-friendly electric hatchback offering great value and efficiency.
• MG Comet EV (230 km range) – A compact EV designed for city driving with a unique and futuristic look.
• Tata Nexon EV (489 km range) – A feature-packed SUV with a powerful battery and long-range capability.

List of the best mileage cars in India

Following is a simplified table of the most efficient car models, along with their applicable mileage/ range.

<h2>Conclusion

By determining which car has highest mileage, you can easily pick the one that provides the best value for your car insurance, depending on your requirements. Additionally, securing a comprehensive car insurance policy ensures financial security and compliance with legal requirements. If you are considering a purchase, compare mileage, costs, and third-party car insurance options to make the best decision.

So, rev up your engine and get the best value for your investment.

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.

Motor insurance coverage is generally of two types — comprehensive coverage and third-party liability or liability-only coverage. Third-party liability coverage is mandatory under Motor Vehicles Insurance Act.

In this blog, we will understand in detail what is a liability only policy in motor insurance is, its features, the types of vehicles covered, the extent of coverage, and its exclusions.

What is liability only cover in motor insurance?

Let’s start by defining what a liability only policy is.

Liability Only insurance coverage is a mandatory policy in India, required by law. It provides protection for third parties involved in accidents caused by the insured.

With this policy, your vehicle’s loss or damage will not get covered. It is a cost-effective option compared to full coverage, as the premium is lower, and the coverage is limited to third-party individuals and their property.

This type of car insurance policy is also known as “Act Only Cover.” The policy can get extended to cover additional risks, like personal accidents for occupants or workers' compensation for the driver. If you buy comprehensive motor insurance, liability only cover is bundled in it.

Features of liability only cover in motor insurance

Let’s take a closer look at the features offered by this category of vehicle insurance.

• Types of Vehicles Covered

Liability Only insurance in motor insurance is not limited to specific vehicle types. It covers a range of vehicles, including private vehicles, two-wheelers, and commercial vehicles. It also applies to goods-carrying vehicles like public and private carriers, as well as passenger-carrying vehicles.

• Cover for Third Party Liability

Third-Party Liability insurance covers any legal liabilities resulting from accidents involving the insured vehicle. The insurance provider will compensate for total permanent disability, injury, death, or property damage a third party suffers. Therefore, it ensures financial protection for the insured against such liabilities.

• Personal Accident Cover

Liability Only insurance in motor insurance often includes Personal Accident Cover. For commercial and private vehicles, the coverage can go up to INR 2,00,000, while for two-wheelers, it is up to INR 1 lakh. This coverage provides financial assistance in case of accidents, personal total disability, or the death of the driver/owner.

• Extent of Cover

Liability Only insurance provides comprehensive coverage for third parties. Companies typically offer coverage up to INR 7.50 lakh for third-party property damage and injury.

Policyholders can also choose to limit the cover for damage to third-party property to INR 6,000, reducing the premium for the Liability Only policy. This flexibility allows policyholders to adjust their coverage based on their needs and budget.

Coverage under liability only cover

Liability Only insurance in a car insurance policy provides coverage for various scenarios involving accidents with the insured vehicle, such as:

• Protection against damage to third-party property.
• Coverage in the case of death of a third party or bodily injury to a third party.
• Financial support for the insured vehicle owner/driver in case of Permanent Total Disability.
• Compensation for the insured vehicle owner/driver’s Accidental Death.
• Personal Accident Cover for the Owner/Driver, including Permanent Total Disability and Accidental Death.

General exclusions of a liability only cover

Liability Only insurance comes with general exclusions, which include:

• Damages to the insured vehicle and personal injury expenses of the policyholder resulting from the accident are not covered.
• The death of an employee of the insured or any individual liable for reimbursement under the policy gets excluded.
• Bodily injuries to individuals arising from their employment with the insured are not covered.
• Liabilities directly/indirectly related to the use of nuclear weapons or materials get excluded from the policy.

Why is liability only cover important?

Liability Only Cover is essential because:

• Legal Compliance: It is mandatory under Indian law to have at least third-party insurance.
• Financial Protection: Offers coverage against significant financial liabilities arising from third-party claims.
• Peace of Mind: Ensures that you are protected against unforeseen legal and financial consequences of accidents involving third parties.

Conclusion

This blog intended to answer the question: "What is a liability only policy in motor insurance?" Liability Only Insurance Cover, or third-party car insurance provides coverage for third-party liabilities, excluding damages to the insured vehicle and personal injury expenses. By focusing on third-party liabilities, a liability only policy offers an essential layer of protection while ensuring affordability and compliance with legal requirements.

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 28 Nov 2025

Did you know that while third-party car insurance is mandatory, it does not offer any protection for your vehicle? That means if your car gets stolen or damaged by fire, you are on your own- unless you have opted for a smarter upgrade: third-party fire and theft insurance.

This in-between policy offers more protection than standard third-party insurance without going full-fledged into a comprehensive car insurance plan. For budget-conscious car owners or those with older vehicles, this could be the ideal solution.

In this blog, we explore the essentials of third-party fire and theft insurance- what it covers, how it compares to other policies and when it is the right choice for you.

What is third-party theft and fire insurance policy?

A third-party fire and theft insurance policy safeguards you against potential damages caused to others and shields your vehicle in the unfortunate events of fire or theft.

Hence, it provides greater coverage than third-party insurance. It is also a more comprehensive choice as compared to just third-party car insurance.

How is third-party, fire and theft insurance different from third-party insurance?

Third-party insurance and third-party fire and theft insurance both cover damage caused to other people, vehicles or property. However, only the fire and theft variant includes protection against your vehicle being stolen or damaged due to fire. Neither option covers accidental damage to your own car. For that, a comprehensive car insurance policy is required.

While third-party fire and theft insurance comes at a higher premium than basic third-party cover, it offers added security by covering theft and fire-related losses.

How is third-party, fire and theft insurance different from comprehensive insurance?

Both are types of car insurance, but they offer different levels of protection. Here's a simple breakdown to help you understand the difference:

Things to consider before purchasing third-party theft & fire policy

Before choosing between the two, consider factors like your car’s age and value as fire and theft insurance may be more cost-effective for older vehicles. If you live in an area prone to theft or fire, this policy offers valuable protection.

However, it doesn’t cover accident-related damage, so if your car is at higher risk of collisions, a comprehensive policy might be more suitable. Always weigh the premium against the potential benefits, based on your car’s value and exposure to risks.

Inclusions of third-party theft & fire insurance

When you opt for a third-party fire and theft insurance policy for car insurance, you’re not just protecting yourself from the potential harm your vehicle may cause to others, but also you protect your vehicle in case of theft or fire. The “third-party” aspect refers to the coverage provided for any damage or injuries caused to someone else or their property due to an accident involving your vehicle. This can include medical expenses, repair costs or legal fees that could arise from such incidents.

In addition to the third-party coverage, this policy also includes protection against specific risks, namely fire incidents and theft.

Exclusions of third-party theft and fire insurance

When considering third-party fire and theft insurance for car insurance, it is crucial to be aware of the exclusions that could result in your claim being denied by the insurance company.

Firstly, if your insured car suffers damage due to a fire caused by an electrical or mechanical breakdown, it may not get covered under the policy. Damages resulting from road accidents to the insured car, such as collisions with other vehicles or objects, are excluded from coverage. Another exclusion is if the driver involved in the accident does not possess a valid driving license at the time of the incident.

Conclusion

Third-party fire and theft insurance is a practical step up from basic third-party coverage, especially if you are looking for protection against the most common risks without paying the premium for a comprehensive car insurance plan.

It is an excellent middle ground for those who don’t want to be caught off guard by a stolen vehicle or a sudden fire. However, this type of policy doesn’t cover accidental damage. If you're often on the road or own a newer vehicle, a comprehensive plan may be the smarter choice.

Still unsure which type of coverage is right for you? Fill out the form on this page to get expert, personalised car insurance advice tailored to your needs.

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 have a car, you take great care of it. However, accidents can still happen due to other drivers on the road. Hence, we recommend you have car insurance. In addition to regular maintenance and safe driving practices, car insurance provides financial protection in case of accidents or theft. While car insurance policies offer coverage for various scenarios, additional options, such as GAP insurance and Return to Invoice (RTI) coverage, are available to enhance your coverage. Here, we will explore what GAP insurance is and the advantages it offers.

Meaning of GAP insurance

GAP insurance, short for Guaranteed Asset Protection, is optional coverage for car insurance policies. It is not currently available in India, but gets commonly offered in other countries. GAP insurance works best when purchased alongside collision insurance or comprehensive insurance policies. This coverage comes into play if your car is stolen or deemed a total loss due to an accident.

When a car is purchased, its value starts depreciating immediately. In the first year alone, the value of a car can depreciate by up to 20%. If your vehicle gets stolen or declared a total loss, the insurance company will typically compensate you based on the car’s depreciated value. However, if you have a loan or lease on the car, there may be a gap between the amount owed and the insurance payout.

Return to invoice

Although GAP insurance is not available in India, a similar concept called Return to Invoice (RTI) cover can be added to your existing comprehensive car insurance policy. RTI cover proves to be extremely useful in various scenarios.

In the unfortunate event of your car being stolen or damaged beyond repair, the RTI cover comes to your rescue. When you file a claim with RTI cover, the insurance company compensates you with the original invoice price of the car rather than the current market value which includes depreciation.

How does RTI work?

Insurance companies always refer to the Insured Declared Value (IDV) of the car for compensation in case of theft or irreparable damage. The IDV represents the maximum amount you can receive from your insurance company. In some cases, the IDV of the car might be lower than the invoice price, especially for older vehicles with higher depreciation rates. By opting for RTI cover, you can avoid any difference in compensation and receive the on-road price of the car if it gets stolen or damaged beyond repair.

RTI cover cost

Since the RTI cover is an add-on, you must pay an additional premium to include it in your existing comprehensive policy. The cost of RTI coverage largely depends on the car model and its current age. You can visit online insurance aggregator websites to get an idea of the possible premiums for RTI coverage. The premium for RTI coverage is around 10% higher than premiums for comprehensive car insurance policies.

Advantages of RTI Cover

Adding RTI cover to your policy offers several benefits:

● Better coverage

RTI cover enhances the coverage of your car insurance policy, providing improved security compared to a basic policy.

● Theft coverage

RTI cover provides comprehensive coverage in case of car theft, ensuring you receive the maximum compensation possible and giving you peace of mind.

GAP insurance for used cars

While GAP insurance is most commonly associated with new vehicles, some insurers do offer RTI for used cars, especially if the car is under a certain age and has a valid comprehensive policy.

However, most car insurance providers do not recommend GAP insurance for used vehicles that are more than 3-5 years old due to high depreciation.

Is GAP insurance worth it for used cars?

These are the things to keep in mind if you are considering GAP insurance for a used car:

● Replacement for total loss

In case of total damage, GAP insurance ensures you don’t bear a financial burden and can replace the car without extra out-of-pocket expense.

● Ideal for new cars

RTI is most cost-effective for new vehicles because it offers full invoice reimbursement when depreciation is highest during the first few years.

● Total damage protection

RTI helps in instances of total loss from natural calamities, fire, accidents, etc., where the damage is beyond repair.

● Own damage coverage

While third party car insurance is a legal mandate, it is only for the third-party liabilities, and is useless in case of own damage. RTI works as an add-on to own damage policies and provides much broader financial protection.

Conclusion

While GAP insurance is not currently available in India, the concept of Return to Invoice (RTI) cover provides similar benefits. By adding RTI cover to your comprehensive car insurance policy, you can receive compensation based on the original invoice price of your car in case of theft or irreparable damage. RTI cover offers better protection and security and helps you avoid the impact of depreciation on your compensation. It is particularly beneficial for new cars and provides peace of mind to car owners. Although it may increase your policy premiums slightly, the advantages of RTI coverage make it a valuable addition to your car insurance policy.

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.

Collision insurance is a type of insurance policy that can help cover the cost of repairing your car if it is damaged in a crash. This includes accidents where you hit another car or an object like a tree, pole or fence. It also covers single-car accidents, like if your car rolls over. Unlike third-party or basic cover, collision insurance pays for any damage to your own vehicle, regardless of who caused the accident.

Let us understand what collision insurance means and what you should consider before choosing a policy.

Collision policy: Pros and cons

Like any insurance policy, collision insurance has both advantages and disadvantages.

Pros:

• It protects your car if you're involved in a crash, even if it's your fault.
• It gives peace of mind when driving, especially in busy areas or bad weather.
• It helps you get back on the road faster after an accident, as the insurance pays for repairs or replacement.

Cons:

• It adds to your monthly or yearly insurance cost.
• It only covers collision damage, not damage from theft, weather or animals.
• If your car is old or not worth much, the payout might be less than the cost of the policy.

Comprehensive insurance vs collision insurance

Before choosing a plan, it's helpful to understand the key differences between comprehensive car insurance and collision insurance.

Comprehensive insurance helps cover damage to your car from events other than a crash. This includes theft, fire, floods, falling objects or hitting an animal. It’s called “comprehensive” because it provides wider protection for your car.

Deductibles in comprehensive & collision insurance

The deductible is a significant factor in collision insurance claims. It refers to the amount subtracted from an insurance claim. For instance, if you have INR 35,000 deductible and your car repair expenses after an accident amount to INR 2,00,000, you will receive an insurance cheque for INR 1,65,000 (INR 2,00,000 – INR 35,000 = INR 1,65,000).

When purchasing this insurance, policyholders can choose their deductible amount. Opting for a higher deductible generally results in lower car insurance rates as the insurer’s payout decreases if a claim gets filed.

Frequently Asked Questions

• Is collision insurance required by law?

No, collision insurance is not needed by law. But, it may be required by a lender if you have a car loan or lease.

• Can I get collision insurance without comprehensive cover?

Yes, but most insurers recommend combining both for full protection.

• Will collision insurance cover me if someone else hits my car?

Yes, but if the other driver is at fault and insured, their insurance should pay. Collision insurance helps if they are uninsured or if you are at fault.

Conclusion

Collision insurance is a valuable part of a strong car insurance plan, especially if your vehicle is new or has high repair costs. It covers damage from accidents and helps you avoid large repair bills. When choosing a policy, consider combining collision insurance with comprehensive car insurance for full peace of mind.

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 2 Jan 2026

When you plan to buy a car, one of the first things you have to consider is the mileage. It tells you how far the vehicle can travel in one litre of fuel. Knowing how to calculate your car’s mileage is very important for saving money, planning long trips and keeping your vehicle in good condition.

In this guide, we will explain the steps to calculate the mileage of a car.

What is car mileage?

Mileage is the distance your car can travel with one litre of fuel. It is usually represented in kilometres per litre (km/l). For example, if your car travels 15 kilometres with 1 litre of petrol, then its mileage is 15 km/l.

Mileage is one of the most important factors for car owners in India, where fuel costs are high. A higher mileage means you spend less on fuel, while lower mileage means higher expenses.

How to calculate your car's mileage?

Here is how to calculate the mileage of a car:

Fill up the fuel tank

First, ensure that you fill your car’s fuel tank entirely, taking note of the quantity added in litres. This step is crucial for obtaining the most precise fuel consumption and mileage measurement.

Check the reading of the odometer

Note the current odometer reading before you start driving. Then, drive your car normally for a few days or at least until the fuel level drops noticeably. Record the new odometer reading when you next refuel. Subtract the initial reading from the new one to find the total distance travelled.

Refuel and note the amount of fuel

When you refill your tank, note how many litres were added to reach full again. This amount represents the fuel used for the distance you travelled.

Do the math

Calculate the car mileage using the formula:

Mileage = (Second reading on odometer - First reading on odometer) /Number of litres of fuel filled

 or

Mileage (km/litre) = Distance travelled (km) ÷ Fuel used (litres)

Let us say you go on a road trip with your four-wheeler. Before starting, the odometer reads 20,000 kilometres, and you fill the fuel tank with 40 litres of fuel. After completing your journey, you check the second reading on the odometer, which now displays 21,000 kilometres.

The mileage of your four-wheeler = (21,000 km - 20,000 km) /40 L

= 25 kilometres per litre.

Tips for accurate mileage calculation

To get an accurate reading of your vehicle mileage, take care of the following things-

• Use the same pump every time
• Make a note of the odometer reading immediately after refuelling
• To get the best average, use this calculation over several refuels
• For an accurate reading, drive under normal conditions instead of high traffic or uneven roads.

Why is it important to calculate your car's mileage?

Calculating your car’s mileage is necessary because it helps you understand how fuel-efficient your vehicle is. It also assists in budgeting the fuel usage for the car. Decreased mileage can indicate mechanical issues, and identifying this helps you maintain your vehicle before serious damage happens.

Good mileage ensures that your car has a good resale value if you choose to sell it.

Factors affecting car mileage

The mileage of your car is impacted by certain factors, like:

• Your driving habits: Smooth driving ensures better mileage for a longer time, and rash driving decreases the efficiency of the engine and car.
• Engine health: It depends upon timely maintenance and oil changes.
• Tyre pressure: Rightly inflated tyres ensure the well-functioning of the vehicle and offer a smooth driving experience
• The weight of the vehicle: The heaviness of the vehicle can make it harder for the engine to work. Adding excess weight to the car also reduces its mileage.
• The quality of the fuel: The purity of the fuel used in the vehicle affects the mileage and overall health of the car.
• Traffic condition: Congestion and frequent stops reduce fuel efficiency and harm

Tips for improving car mileage

You can follow a few expert tips to maintain the car mileage and improve its performance-

• Driving efficiently without sudden breaks or acceleration and maintaining a steady speed.
• Regular visits to the repair shop, timely oil changes and cleaning of the vehicle and its components are effective steps to maintain the car’s performance.
• Check the tyre pressure regularly.
• Avoid adding extra weight to the car as it reduces efficiency and mileage.
• Do not constantly use the AC at the maximum setting for prolonged periods because this can reduce mileage.

Role of car maintenance in maintaining good mileage

Car maintenance plays a big role in keeping mileage consistent. Even a well-built car can give poor mileage if not maintained properly.

• Engine oil: Old or dirty oil reduces efficiency. Regular oil changes keep the engine smooth.
• Air filter: A clogged filter restricts airflow, reducing mileage. Cleaning or replacing it improves performance.
• Spark plugs: Worn-out plugs cause incomplete fuel burning. Replacing them helps with mileage.
• Wheel alignment and balancing: Misaligned wheels cause more rolling resistance, lowering mileage.
• Regular servicing: Following the service schedule recommended for your car ensures better performance and mileage.

How mileage impacts car insurance premiums and claims

Mileage also affects your car insurance policy in the following ways:

• Low usage, low premium: If your yearly mileage is low, your insurance premium may be slightly lower because the risk of accidents is less.
• High usage, higher risk: If you drive a lot, the chances of wear and tear or accidents increase, which may impact your insurance cost.
• Claim settlement: When making claims, sometimes insurance companies may check your odometer reading to confirm the vehicle usage.

Conclusion

Calculating car mileage is simple. By knowing how much distance your car travels per litre of fuel, you can manage your budget, keep your car in good health and even plan long trips better. Mileage depends on many factors like driving habits, road conditions and maintenance. By driving smartly and keeping your car in good condition, you can improve mileage and save more in the long run.

While you take care of your car’s mileage and maintenance, don’t overlook the importance of the right insurance cover. Get expert advice on choosing the best comprehensive or third party car insurance policy for your needs by filling out the form provided on this page.

FAQs

• What is a good mileage for a car?

A mileage of around 15-20 km/l for petrol cars and 18-25 km/l for diesel cars is considered good.

• Does running the AC reduce mileage?

Yes, using the AC puts extra load on the engine and reduces mileage slightly.

• How often should I check mileage?

You don’t need to check mileage very often; once in 3-6 months or after servicing is enough.

• Can I increase my car’s mileage?

Yes. By driving smoothly, maintaining tyre pressure, servicing regularly and reducing unnecessary load, you can improve your car’s mileage.

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 wondering about the difference between own damage and third-party car insurance, you’re at the right place. We’ll break down these insurance types in simpler terms so that you can easily understand them.

Whether you’re renewing your policy or exploring different coverage options for car insurance, you should take expert advice. Hence, without wasting time, let’s dive in and demystify the world of our own damage and third-party car insurance together.

What is Third-party Car Insurance?

Third-party vehicle insurance compensates for the death or injuries caused to other persons and damages to their properties due to an accident involving your insured automobile. This won’t pay for the damages sustained by your vehicle.

Third-party insurance is the minimum insurance mandated by law for all automobiles.

What is Own Damage (OD) Insurance?

Own Damage or OD insurance is optional for a vehicle. It covers automobile theft and damage from accidents or natural or man-made calamities. This will provide protection to your vehicle.

Difference Between Own Damage (OD) and Third Party (TP) Insurance

Let’s understand the difference between own damage and third-party Insurance using the following table:

When is More Advisable to Go For Third-party Insurance?

Third-party insurance is advisable when-

1. You want a cost-sensitive way to meet legal requirements
2. If the vehicle is rarely used
3. If the vehicle is used in low-traffic areas where the risk of damage is minimal.

When and Who Can Opt for Own Damage Insurance?

Own damage insurance can be chosen by:

1. New car owners as it protects the brand new vehicle
2. People who are frequently using their vehicle
3. Vehicle owners who take their cars to high-risk areas
4. Owners of customised or luxury vehicles

Conclusion

Now that you know the details and differences between third-party and own-damage insurance, you can choose the best four-wheeler insurance based on your needs. Being a car owner, it’s best to secure yourself and others with comprehensive car insurance to avoid huge financial liabilities draining your savings.

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. 

Obtaining a no claim bonus (NCB) certificate is a quick process that can help you save money on insurance rates. The NCB certificate confirms that you have not made any insurance claims during the policy term. Contact your insurer and request an NCB certificate. They will analyse your claim history and issue the certificate if needed.

When renewing or purchasing a new insurance policy, give the NCB certificate to your new insurance provider to enjoy premium discounts. This certificate is a useful document for demonstrating your responsible and safe driving practices, congratulating you on keeping a clean claims record and encouraging you to continue.

Steps to get no claim bonus certification

If you’re wondering how to get a no-claim bonus certificate, follow the steps listed below.

• Please contact your insurance provider:

Contact your existing insurance company to inquire about receiving a no claim bonus (NCB) certificate.

• Please provide the following information:

Provide the insurer with the requested information, such as your policy number, personal information, and vehicle information.

• Claim evaluation:

Your insurer will evaluate your claim history for the specific policy term to determine your eligibility for the NCB certificate.

• Put in a formal request:

Once your insurer validates your claim-free history, you can formally seek the NCB certificate from your car insurance company.

• Document submission:

Please provide any additional documents or information necessary by the insurer to process your NCB certificate.

• Get the certificate:

When you meet all the requirements, the insurance company will issue the NCB certificate, including the necessary percentage of NCB.

• Keep the certificate secure:

Keep the NCB certificate in a safe place because it acts as a documentation of your claim-free status.

• Share with the new insurer:

When renewing your policy or transferring to a new insurance provider, show them the NCB certificate to receive the corresponding rate discounts.

• Take advantage of lower premiums:

With the NCB certificate, you can enjoy cheaper insurance costs as a reward for having a clean claims record and practising safe driving habits.

When you start thinking about how to get NCB Certificate, please keep in mind that the particular stages and requirements will vary based on the insurance company and policy terms. For specific information, contact your insurance provider directly.

Updated on 2 Jan 2026

When you buy a car, one of the most important things you need to think about is car insurance. It is a legal requirement and also a way to protect yourself from big financial losses in case of accidents or vehicle theft. However, when you start looking at car insurance plans, you may come across many terms that can confuse you. Two of the most common terms are comprehensive insurance and zero depreciation car insurance. If you are planning to buy a car or renew your policy, it is important to know the difference between them. This blog will help you understand what each one means, how they work and which one may be better for you.

What is comprehensive insurance?

Comprehensive car insurance provides extensive coverage, protecting your vehicle from theft and damages caused by accidents, natural disasters, vandalism and other unforeseen events. It also covers third-party liabilities, including injuries to other road users and damages to their properties. Additionally, comprehensive policies often include personal accident coverage for the owner-driver. It also offers options to enhance the coverage with add-ons like engine protection, roadside assistance and more.

What is zero depreciation insurance?

Zero depreciation insurance, also known as 'bumper-to-bumper' insurance, is an add-on cover available with the comprehensive policy. It ensures that, in the event of a claim, the insurer pays the full cost of replacing or repairing damaged parts without considering depreciation. This means you receive the full claim amount, as the depreciation cost of parts is not deducted.

A zero depreciation rider is typically available for vehicles up to five years old. Due to the enhanced coverage, premiums are generally higher than standard comprehensive policies.

Comprehensive insurance vs zero depreciation insurance: Key differences

Comprehensive car insurance covers damages from accidents, theft, fire and natural disasters, along with third-party liability, but accounts for depreciation, reducing claim payouts for older parts. Whereas the zero depreciation add-on ensures full claim amounts without considering depreciation, making it ideal for new or expensive cars. While this rider offers better financial protection, it comes with higher premiums. The choice of opting for just comprehensive insurance and adding riders depends on a car’s age, value and the owner’s preference for cost versus coverage.

Which one is better - Comprehensive or zero depreciation insurance?

The answer depends on your situation. If you want only basic wide coverage at a lower premium, comprehensive insurance is enough.  However, if you do not want to worry about paying from your pocket during claims, adding a zero depreciation add-on to the comprehensive policy is better. This is because standard comprehensive policies account for depreciation when paying the compensation. The premium with the zero depreciation rider will be higher, but the benefits are more.

For example, if you bought a brand-new car, you may want zero depreciation cover. In the first 5 years, the car’s parts depreciate very fast. If you only have a normal comprehensive plan, you may end up paying a big amount yourself whenever there is damage. Zero depreciation cover saves you from that.

Factors to consider before choosing between comprehensive & zero dep insurance

If you are buying car insurance online, the choice between comprehensive and zero depreciation insurance depends on various factors:

Vehicle age: If your car is new (less than five years old), zero depreciation cover is beneficial as it offers full claim settlement without accounting for depreciation. For older vehicles, comprehensive insurance may suffice.

Financial considerations: Zero depreciation policies come with higher premiums. Assess your budget and determine if the additional cost aligns with the benefits offered.

Risk factors: Consider your driving environment. If you frequently drive in high-risk areas or under challenging conditions, the enhanced coverage of zero depreciation insurance can be advantageous.

Personal preference: If you prefer minimal out-of-pocket expenses during claims, zero depreciation cover ensures you don't bear the depreciation cost of parts.

For new car owners seeking maximum coverage and willing to pay a higher premium, zero depreciation insurance is ideal. For those with older vehicles or looking for a more cost-effective option, comprehensive insurance remains a solid choice.

Conclusion

Car insurance is not just about meeting a legal requirement. It is about protecting yourself from unexpected financial shocks. A comprehensive car insurance plan or policy gives you wide coverage at a lower price but cuts depreciation during claims. Including a zero depreciation add-on with it costs more but ensures you get maximum claim benefit without worrying about depreciation.

To get clear, personalised guidance for choosing the best car insurance and required add-ons, simply fill out the form on this page. Our experts will help you with the selection.

FAQs

• Can I buy zero depreciation insurance without comprehensive insurance?

No, zero depreciation is an add-on. You can only get it with a comprehensive plan.

• Is the premium for zero depreciation very high?

The premium is usually higher than a normal comprehensive plan when you choose an add-on. It usually depends on the car’s model and age.

• Does zero depreciation cover everything?

No, it does not cover engine damage due to oil leakage, tyre wear and tear or regular maintenance costs. It mainly removes depreciation from claims.

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.