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New Car Insurance Policy

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Quick Highlights

  • Understand how to buy the perfect car insurance policy for your new car
  • The importance of examining car insurance policy intricately
  • How can you benefit from a car insurance policy for your new car?
  • Customising car insurance for a new car in the best way possible
  • Car insurance for new cars made easy at ICICI Lombard General Insurance

Understand how to buy the perfect car insurance policy for your new car

Purchasing a car insurance policy for your new car is a crucial step, as it can help in safeguarding your finances in times of an unfortunate accident. A Car Insurance Policy allows you to cover financial losses that may occur due to accidents, theft, and other problems that affect your car. Depending on the make and model of your car, as well as your own lifestyle choices, you can choose and customise a car insurance policy to avail the maximum benefits at the lowest possible prices. At ICICI Lombard General Insurance, we make this process a walk in the park with efficient and trustworthy services.

The importance of examining car insurance policy intricately

When purchasing a car insurance policy for your new car, it is important to look into the details, for you might be missing out on crucial aspects that can help you gain more out of your policy. For instance, you need to know the type of coverage promised by a particular Car Insurance Policy. That could include third-party liability coverage, collision coverage and comprehensive coverage, all of which offer different kinds of benefits. Moreover, buying a car insurance policy without understanding the exclusions that are a part of the same can result in complications in the time of need. For instance, car insurance does not cover wear and tear of car parts, damage caused due to oil leakage, or any type of damage caused due to illegal elements, such as invalid license, intoxication and so on.

How can you benefit from a car insurance policy for your new car?

Some of the main benefits that you can avail while purchasing a Car Insurance Policy for your new car include:

  • Voluntary deductible amounts, which can help in decreasing the premium on your policy
  • Anti-theft discounts, which can be availed if your vehicle has been fitted with anti-theft accessories
  • Privilege discounts, which can help you gain discounts on your premium due to your professional background
  • The make and model of your car can influence the premium to a large extent

Customising car insurance for a new car in the best way possible

With ICICI Lombard General Insurance, the intuitive interface of the web portal as well as the 24x7 customer service lines and chatbox allows for increased customisability like never before. On our web portal, our staff members and expert policy handlers can help you balance your voluntary deductible amount and your premium in such a way that your future is secured in the most affordable way possible. A balance between these two elements can allow you to accumulate no-claim bonuses on your policy, by having a claim-free policy year or paying higher deductible amounts. ICICI Lombard General Insurance also provides first-time insurance buyers with the opportunity of buying add-on covers for increased benefits, such as the personal accident riders, and many more!

Car insurance for new cars made easy at ICICI Lombard General Insurance

On ICICI Lombard General Insurance, the process of buying a new Car Insurance Policy is easier than ever. This is because you have the chance to compare different policies and buy one that best suits your requirements. Moreover, with personalized quotes, you have the chance to avail insurance policies that are tailored to the following aspects:

  • Car make, model and variant: Higher the model and variant of your car, the more is the premium
  • Year of manufacture: Your car's IDV is based upon on the year in which it was manufactured
  • CNG fittings: increased vulnerability of this accessory results in higher premium
  • Accessories: Electrical, non-electrical and other accessories can help in availing discounts, depending on the policy and add-on covers that you select

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